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Anglesey Mining engages firm over study at Parys mountain project

ALN

Anglesey Mining PLC on Thursday said it has engaged ground engineering technical services company Central Alliance to conduct a proof-of-concept study for its Parys mountain project in Anglesey, Wales.

The mining company with operations in north Wales, Sweden and Canada said the study would use muon tomography as an explanatory tool to identify new resources and assist with the delineation of existing zones of mineralisation at Parys mountain.

It explained that muon tomography is ‘a technique that measures naturally generated subatomic particles, called muons, from which it creates an image of the subsurface through density differentials’. The process is analogous to medical x-ray imaging, Anglesey Mining added.

Anglesey Mining also expects to drilling the proposed ’Northern Copper Zone’ shortly, with the drill rig scheduled to be mobilised in the week commencing September 11.

‘We are very excited to announce the proof-of-concept study with Central Alliance and its muon tomography technique. Historical drilling across the Parys mountain project has identified many zones of interest that have not been followed up on or included within the current resource estimates and the Morris shaft provides an ideal location to test this cutting-edge exploration tool,’ said Anglesey Mining Chief Executive Officer Jo Battershill.

‘With conventional geophysical methods being increasingly difficult to employ on the isle of Anglesey due to impediments such as power cables, windfarms and roads, the need to develop new technology is becoming more important.

‘We believe that the entire Parys Mountain stratigraphy remains highly prospective, and that existing mineralisation should extend both along strike and at depth, as seen at many other VMS deposits around the world. Bringing modern exploration methods to this project could facilitate and expedite both the discovery of additional mineralised zones and the development of the current known resources.’

Shares in Anglesey Mining closed down 1.0% to 1.51 pence each in London on Thursday.

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