CALGARY, Canada (June 19, 2025)— TheNewswire - Pambili Natural Resources Corporation (“Pambili” or the “Company”) (TSX-V: PNN) is pleased to provide an update on the continued development of the crosscut at the East Adit on its Golden Valley A1 mining claim (“GVM”) in Zimbabwe, previously announced on May 29, 2025.
The cross-cut has now progressed some seven metres to the south and remains in mineralization. Non-compliant assays of recent sludge drilling samples have returned encouraging grades of 0.21 grams per tonne (“g/t”) gold for the first metre, increasing to 2.65 g/t gold and 3.58 g/t gold for the second and third metres, respectively.
Figure 1: Fractured chert with pyrite and a grey quartz vein with chalcopyrite on the right.
Sludge hole drilling is a low-cost, early-stage exploration technique that uses compressed air and water to rapidly drill shallow holes and recover rock chips for preliminary geological analysis. The sludge holes have been drilled in the direction of the drive, at a slight angle to enable the cuttings to be washed out of the hole and collected.
Given the combination of gold loss in the cracks in the sludge hole and the small sample size, these results cannot be considered to be representative. However, they are consistent with the assay results of the core from diamond drill hole EADD001. Those results indicated a target zone of some seven metres @ 2 g/t gold, including 2m @ 3.86 g/t gold (news release dated Jan. 14, 2025).
The expectation is that the target zone will be encountered within 10 metres of the sub-vertical shaft. Development and further sludge drilling will continue until the target is reached. As stated in the news release dated June 11, 2025, Pambili’s technical development team will conduct more representative systematic channel sampling across the zone of mineralization once the crosscut has passed through the mineralized zone into barren wall rock.
Jon Harris, Chief Executive Officer of Pambili Natural Resources, commented: “We now know the lithology of the cross-cut is consistent with that identified by the underground drilling program. That these assays appear to align with those of the core samples from Hole EADD001 is a positive indication that we are on target to confirming the presence of a commercially viable zone of mineralization.”
This news release has been reviewed by Gayle Hanssen BSc. (Hons.) Geology, an independent geologist who is a qualified person (“QP”) as defined by Canadian National Instrument 43-101 and who has approved the technical information contained herein.
About Pambili Natural Resources Corporation: Pambili Natural Resources Corporation is a natural resources exploration and development company (www.pambilinrc.com) currently developing gold projects in Zimbabwe.
For further information, contact:
Pambili Natural Resources Corporation
T: 403 277 4421
E: This email address is being protected from spambots. You need JavaScript enabled to view it.
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Caution regarding Forward-looking statements. Certain information set forth in this news release may contain Forward-looking statements that involve substantial known and unknown risks and uncertainties. Forward-looking statements are often, but not always, identified by words such as “believes”, “may”, “likely”, “plans”, or similar words. Forward-looking statements included in this news release include statements with respect to work to be done on the Corporation’s gold exploration and development projects in Zimbabwe. These Forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Corporation, including, but not limited to the impact of general economic conditions, industry conditions, currency fluctuations, and dependence upon regulatory approvals. The Corporation does not assume any obligation to update the Forward-looking statements to reflect changes in assumptions or circumstances other than as required by applicable law.
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