Pasinex Resources reported that operations in Türkiye continue to face significant inflationary pressures, with cumulative inflation reaching approximately 291% over the past three years as of December 31, 2024, impacting overall cost structures. Exploration activities at the Pinargozu Mine were scaled back due to ongoing legal disputes, with total drilling falling to 6,526 meters in 2024, down from 10,782 meters in 2023. Despite challenges, Horzum AS recorded another zero-fatality year at Pinargozu, logging 99,752 fatality-free hours and reporting fewer serious and lost-time injuries compared to the previous year. Pasinex reaffirmed its strategic focus on acquiring and developing high-grade zinc assets through exploration and small-scale mining. The Sarikaya license remains a key asset, offering strong near-term profitability prospects and potential for major zinc discoveries.