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Sphinx and SOQUEM identify coincident ground geophysical and geochemical anomalies and approve a drilling campaign on the Calumet-Sud zinc Project, Quebec

MONTREAL, QUEBEC–(Marketwired – Feb. 22, 2017) – Sphinx Resources Ltd. (“Sphinx” or the “Corporation”) (TSX VENTURE:SFX) and its partner SOQUEM are pleased to report positive results following a ground gravity and induced polarization survey (“IP”) over zinc soil targets at the Sonny and Sonny West Zone on the Calumet-Sud project (the “Project”). These geophysical surveys identified several high priority targets for an 11-hole drill program that will start around the mid-March 2017.