Pasinex Resources Announces Provisional Acquisition of New Zinc Exploration Properties in Southern Turkey

Toronto, Ontario--(Newsfile Corp. - August 28, 2015) - Pasinex Resources Ltd. (CSE: PSE) (FSE: PNX) (the "Company" or "Pasinex") today announced the provisional acquisition of eight new properties for zinc / lead exploration in the province of Adana, Turkey. The properties were acquired through a staking process for the joint venture company Horzum A.S. (a 50 / 50 joint venture between Pasinex Turkey and Turkish mining house Akmetal A.S.).

Steve Williams, President and CEO of Pasinex said, "We are very pleased with the acquisition of these eight new properties because it has strengthened our prospective property portfolio and increased the likelihood of a zinc discovery. Work on these properties will begin shortly and we will keep shareholders updated as the project advances."

The new properties are located relatively close to Horzum A.S. current projects namely Pinargozu and Akkaya, as well as, the historic Horzum zinc project. The properties were chosen for their zinc potential because they have similar carbonate hosted geology to existing Horzum A.S. projects and are on a north – south trend from Horzum / Pinargozu / Akkaya. The properties were sampled previously (by both rock sampling and stream sediments) to determine which properties were more prospective. There are still some Turkish governmental approvals to complete (hence the provisional approval) and final approval for all such mineral claims must come from the Prime Minister’s Office. In the meantime, the properties are available immediately for exploration work.

Figure 1: New JV Properties (outlined in black)

To view an enhanced version of Figure 1, please visit:
http://orders.newsfilecorp.com/files/3243/17012_pasine2.jpg

About Pasinex

Pasinex Resources Ltd. (CSE: PSE; FSE: PNX) is a base and precious metal-focused exploration company with a goal to build a mid-tier international mining company focused on base metals. The Company's initial priority is to build a prospective portfolio of base metal opportunities in Turkey with the assistance of partner Akmetal A.S., one of Turkey's largest family-owned conglomerates, and past-producer of zinc from the nearby Horzum Zinc Mine. The Company has a strong technical management team with many years of experience in mineral exploration and mining project development focused on discovery and development of new zinc deposits north of a small historical mining camp along a potentially major carbonate-replacement deposit (CRD) trend. Visit our web site at: www.pasinex.com

On Behalf of the Board of Directors
Pasinex Resources Ltd.

The CSE does not accept responsibility for the adequacy or accuracy of this news release.

This news release includes forward-looking statements that are subject to risks and uncertainties. Forward-looking statements involve known and unknown risks, uncertainties, and other factors that could cause the actual results of the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements.

All statements within, other than statements of historical fact, are to be considered forward looking. Although Pasinex Resources Ltd. believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include: the forgoing ability to finance exploration in order to further the Pinargozu Property, Akkaya Project and the Golcuk Property in 2015, acquisition of new properties, all exploration drilling results, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements.