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Pasinex Files Amended National Instrument 43-101 Technical Report for the Pinargozu Mine

Resource Estimates Technical Reports (NI 43-101)

Pasinex Files Amended National Instrument 43-101 Technical

Report for the Pinargozu Mine

TORONTO, ON – January 30, 2019 – Pasinex Resources Limited (CSE: PSE) (FSE: PNX) (“the

Company”) announces that it has filed an amended technical report on SEDAR. The report

entitled “Amended NI 43-101 Technical Report, Pinargozu Project, Turkey”, and dated January

29, 2019 supersedes the report dated December 20, 2017 that was previously filed on SEDAR.

The amended technical report was prepared by CSA Global Pty Ltd. in order to comply with

National Instrument 43-101 and does not contain any changes to the Mineral Resource estimate

(with effective date of June 30, 2017 ) from the previously filed report. The amended technical

report does however include additional disclosures to comply with the requirements for advanced

status projects; specifically disclosures were added with respect to items 15 to 21 of the amended

technical report.

This news release has been reviewed and approved by John Barry, M.Sc., P. Geo., who is the

Company’s Vice President of Exploration and a Qualified Person under the definitions

established by NI 43-101.

About Pasinex

Pasinex Resources Limited is a Toronto -based mining company which owns 50% of the

producing Pinargozu high grade zinc mine and, under a Direct Shipping Program, sells to zinc

smelters / refiners from its mine site in Turkey. The Company also holds an option to acquire 80%

of the Gunman high -grade zinc exploration project in Nevada. Pasinex has a strong technical

management team with many years of experience in mineral exploration and mining project

development. The mission of Pasinex is to build a mid-tier zinc company based on its mining and

exploration projects in Turkey and Nevada.

On Behalf of the Board of Directors

PASINEX RESOURCES LTD.

Steve Williams Evan White

President/CEO Manager of Corporate Communications

Phone: 416 861 9659 Phone: +1 416.906.3498

Email: [email protected] Email: [email protected]

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 hist orical

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: 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.