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Pasinex Advances Exploration and Development at Sarikaya Zinc Project in Türkiye
Pasinex completed a 2,199-metre underground drilling program at its Sarikaya zinc project in Türkiye. Surface rock sampling returned up to 40.0% zinc, and a new surface drilling program has begun. The company is also developing underground toward the historical zinc sulphide production area.
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What happened
Pasinex completed a 2,199-metre underground drilling program at its Sarikaya zinc project in Türkiye. Surface rock sampling returned up to 40.0% zinc, and a new surface drilling program has begun. The company is also developing underground toward the historical zinc sulphide production area.
Confirmed
Global impact / market context
If the known zinc occurrences connect into one larger mineralized system, Sarikaya could support a bigger, longer-life mine. That would raise future revenue potential, but it also means more capital spending on drilling and underground development before any production starts.
Analyst inference
The company is still exploring and developing, not yet producing from this program. Investors are therefore weighing high-grade sample results against the cost and risk of further work, with production targeted by the end of 2026 and no revenue from Sarikaya confirmed yet.
Analyst inference
What to watch
- Pasinex says production at Sarikaya is anticipated to commence by the end of 2026, so watch whether underground development toward the historical zinc sulphide production area stays on that schedule. Confirmed
- The planned surface drilling and mapping are designed to test whether known zinc occurrences form one continuous mineralized system, which means watch results for evidence of connected, larger-scale mineralization. Proposed
- Watch future drilling results and sample grades, because they will show whether the high-grade surface samples hold up underground and help investors judge the project's potential size and economics. Analyst inference