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Anglesey Mining PLC - Base metals miner with operations in North Wales, Sweden and Canada - Provides an upbeat update on its drilling program at the Parys Mountain project on the Isle of Anglesey in north-west Wales. Says drill hole NCZ002 is recently completing with a 107-metre apparent thickness zone of visible sulphides identified between 413 metres and 520 metres downhole. Results were dispatched to ALS laboratory on Friday, with results expected in the next few weeks. ‘I am delighted to report that ongoing drilling of the Northern Copper Zone is confirming that Parys Mountain has a significant zone of copper dominant mineralisation within an area 600 to 700 metres along strike and 300 to 400m down dip. Widths of mineralisation appear to be averaging over 20 metres in this zone with copper equivalent grades of between 1.0 1.3%,’ says Interim Chair Andrew King. Current stock price: 1.65 pence, up 6.3% 12-month change: down 18% Copyright 2024 Alliance News Ltd. All Rights Reserved.
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