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Sphinx and SOQUEM execute JV deal on Calumet-Sud zinc project

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Sphinx and SOQUEM execute JV deal on Calumet-Sud zinc project

SphinxResources Ltd. on May 31 announced the execution of the option andjoint venture agreement with SOQUEM Inc., first flagged , allowing the latter to acquireup to 50% of the Calumet-Sud zinc project in Quebec.

The partners will start a SOQUEM-funded exploration programin June, consisting of helicopter-borne surveys, a ground gravimetric surveyand prospecting.

The project is adjacent to Sphinx's palladium project,