PNN:CC - Pambili Reports Encouraging Gold Assay Results From East Adit Cross-Cut
(TheNewswire)
CALGARY, Canada (June 19,2025) — TheNewswire - Pambili Natural Resources Corporation(“Pambili” or the “Company”) (TSX-V: PNN) is pleased toprovide an update on the continued development of the crosscut at theEast Adit on its Golden Valley A1 mining claim (“GVM”) inZimbabwe, previously announced on May 29, 2025.
The cross-cut has now progressed some seven metres tothe south and remains in mineralization. Non-compliant assays ofrecent sludge drilling samples have returned encouraging grades of0.21 grams per tonne (“g/t”) gold for the first metre, increasingto 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 chalcopyriteon the right.
Sludge hole drilling is a low-cost, early-stageexploration technique that uses compressed air and water to rapidlydrill shallow holes and recover rock chips for preliminary geologicalanalysis. The sludge holes have been drilled in the direction of thedrive, at a slight angle to enable the cuttings to be washed out ofthe hole and collected.
Given the combination of gold loss in the cracks in thesludge hole and the small sample size, these results cannot beconsidered to be representative. However, they are consistent with theassay results of the core from diamond drillhole EADD001. Those results indicated a target zone of some sevenmetres @ 2 g/t gold, including 2m @ 3. 86g /t gold (news release dated Jan. 14,2025).
The expectation is that the target zone will beencountered within 10 metres of the sub-vertical shaft. Developmentand further sludge drilling will continue until the target is reached.As stated in the news release dated June 11, 2025, Pambili’stechnical development team will conduct more representative systematicchannel sampling across the zone of mineralization once the crosscuthas passed through the mineralized zone into barren wall rock.
Jon Harris, ChiefExecutive Officer of Pambili Natural Resources, commented:
“We now know the lithology of thecross-cut is consistent with that identified by the undergrounddrilling program. That these assays appear to align with those of thecore samples from Hole EADD001 is a positive indication that we are ontarget to confirming the presence of a commercially viable zone ofmineralization.”
This news release has been reviewed by Gayle HanssenBSc. (Hons.) Geology, an independent geologist who is a qualifiedperson (“QP”) as defined by Canadian National Instrument 43-101and who has approved the technical information containedherein.
About Pambili Natural ResourcesCorporation: Pambili Natural ResourcesCorporation is a natural resources exploration and development company( www.pambilinrc.com ) currentlydeveloping gold projects in Zimbabwe.
For further information,contact:
Pambili NaturalResources Corporation
T : 403 2774421
Neither TSX Venture Exchange nor itsRegulation Services Provider (as that term is defined in the policiesof the TSX Venture Exchange) accepts responsibility for the adequacyor accuracy of this release.
Caution regarding Forward-looking statements. Certaininformation set forth in this news release may contain Forward-lookingstatements that involve substantial known and unknown risks anduncertainties. Forward-looking statements are often, but not always,identified by words such as “believes”, “may”, “likely”,“plans”, or similar words. Forward-looking statements included inthis news release include statements with respect to work to be doneon the Corporation’s gold exploration and development projects inZimbabwe. These Forward-looking statements are subject to numerousrisks and uncertainties, certain of which are beyond the control ofthe Corporation, including, but not limited to the impact of generaleconomic conditions, industry conditions, currency fluctuations, anddependence upon regulatory approvals. The Corporation does not assumeany obligation to update the Forward-looking statements to reflectchanges in assumptions or circumstances other than as required byapplicable law.
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