Core Viewpoint - Pasinex Resources Limited has received approval from Türkiye's General Directorate of Mining and Petroleum Affairs for the transfer of shares in Aydın Teknik Madencilik, resulting in 100% ownership of the Sarikaya zinc project, which is set to advance into exploration and development phases [1][2][3] Project Overview - The Sarikaya project is a high-grade, carbonate-hosted zinc deposit located in Kayseri Province, Türkiye, featuring mineralization typical of the Central Anatolian zinc belt, with grades between 30% and 50% zinc [3] - The project benefits from excellent infrastructure, including paved road access and proximity to established mining services, and is strategically located near Pasinex's producing Pinargözü mine [3] Near-Term Development Plan - The company plans to implement initial exploration and mine development activities at Sarikaya through March 31, 2026, focusing on organization building and technical work while adhering to safety and environmental standards [2][5] - Key initiatives include detailed mapping, underground development, and the start of exploration drilling, with the goal of initiating operations during 2026 [5][6] Management Commentary - The Executive Chairman of Pasinex highlighted the MAPEG approval as a significant milestone, emphasizing the company's commitment to advancing the Sarikaya project and preparing for underground drilling in early 2026 [6][7] - The company aims to begin small-scale production by mid-2026 while intensifying exploration efforts to further define the deposit [7] Company Background - Pasinex Resources Limited is a zinc-focused mining company based in Toronto, Canada, with full ownership of the Pinargözü high-grade zinc mine in Türkiye and a 51% interest in the Gunman Project in Nevada [10][11] - The company is led by a seasoned management team with extensive experience in mineral exploration and mine development, focusing on high-grade ore extraction and value creation for stakeholders [12]