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Pambili (TSXV:PNN) names drilling contractor for Happy Valley Mine

Mining
TSXV:PNN
29 July 2022 15:45 (EDT)

The reverse circulation (RC) drilling rig to be deployed at Zimbabwe’s Happy Valley Mine by KW Blasting (PVT) Ltd.

Pambili Natural Resources (PNN) has selected KW Blasting for Phase 1 of its planned exploration program at the Happy Valley Mine.

KW is a division of Drilling Resources Zimbabwe Limited and will complete some 1,200 metres of reverse circulation drilling at the mine.

Drilling is expected to begin in early August and samples from the campaign will be analyzed by Antech Laboratories in Kwekwe in Zimbabwe.

Pambili’s CEO, Jon Harris commented that in terms of the earn-in signed with Techshed Investments, the owner of the Happy Valley Mine, Pambili has committed to completing a limited exploration campaign to determine the extent and magnitude of the gold mineralization previously identified from previous surface exploration work.

“The appointment of a drilling contractor is the first stage in that campaign.”

The Happy Valley gold mine is located near Bulawayo, Zimbabwe.

Pambili Natural Resources Corp. (PNN) is an exploration and development company active in Zimbabwe and Alberta.

Pambili (PNN) was trading steady at $0.02 a share as of 3:45 pm ET.


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