Sphinx and SOQUEM: start of new phase of drilling on the Calumet-Sud zinc project

MONTRÉAL, QUÉBEC--(Marketwired - Jan. 22, 2018) - Sphinx Resources Ltd. ("Sphinx" or the "Corporation") (TSX VENTURE:SFX) and its partner SOQUEM are pleased to announce the start of a new diamond drilling program comprising of 10 holes totalling approximately 500 m on the Calumet-Sud zinc project (the "Project"). This campaign follows the discovery of new and extensive zinc mineralization on surface as part of a stripping program on the Sonny and Sonny West zones of the Project (see press release of November 22, 2017). The program aims to identify the continuation of the mineralization outside the stripped area and to investigate mineralization under the surface exposures.