Sphinx Resources Ltd. (TSXV:SFX) announces assay results from its spring drilling campaign on its 100% owned Green Palladium project (GPd), located in the Pontiac MRC in southwestern Quebec. Results from nine (9) of ten (10) drill holes support palladium-platinum mineralization (collectively PGE) with associated gold and copper mineralization. This mineralization is hosted within, or proximal to, a distinct meta-pyroxenite layer (marker horizon) within the Obwondiag layered igneous complex that intrudes sulphide-bearing dolomitic marbles and meta-volcanic rocks. Table 1 summarizes results and attachedTable 2lists all drill hole information and assayed intervals.

Table 1: Drill hole information and results summary.

Hole

Name

Number

From

(m)

To

(m)

Mineralized

inter-cept

(m)

Pd

(g/t)

Pt

(g/t)

Au

(g/t)

Pd+Pt+Au

(g/t)

Cu

%

Ni

%

GPd-17-11 26.50 29.00 2.50 0.10 0.03 0.02 0.15 0.21 0.02
Inc. 27.50 28.00 0.50 0.22 0.06 0.04 0.32 0.43 0.04
GPd-17-12 28.20 31.33 3.13 0.02 0.01 0.01 0.04 0.08 Nil
Inc. 28.63 28.80 0.17 0.05 0.01 0.02 0.08 0.53 Nil
GPd-17-13 46.80 47.40 0.60 0.07 0.02 0.02 0.11 0.11 0.02
GPd-17-14 35.00 38.47 3.47 0.03 0.01 0.01 0.05 0.04 Nil