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Phoenix Global Mining Ltd.
Summary
| Project: | Empire Copper Mine | |
|---|---|---|
| Deposit: | AP Pit | |
| Location: | United States | |
| Commodities: | Copper-Gold-Silver-Zinc | |
| Date: | 11/1/2017 | |
| Report Code: | (no Code) | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 1-11-2017: Phoenix Global Mining Ltd. announces an Exploration/Drilling Update report for its AP Pit deposit at the Empire Copper Mine project. Drilling results incl. 39.6m @ 0.85% Cu, 0.60% Zn, 25.89g/t Ag, 0.18g/t Au from 0.0m. Phoenix Global Mining Ltd | |
| Resources: | (Resource, Inf.): 12.8Mt @ 0.53% Cu for 68.2kt Cu contained at Empire | |
| CP/QP: | [Overall Report]: Roger Turner (Internal) | |
| ABSTRACT: | Phoenix Global Mining Ltd (AIM:PGM), the AIM quoted, US-focused copper exploration and development company, is pleased to announce further drill results from its recently completed 28 drill hole reverse circulation ('RC') and diamond drill programme at the Empire Copper Mine in Idaho, USA (the 'Empire Mine'). Dennis Thomas, the Company's CEO, said, "The final batch of drill hole assays from our 2017 oxide drilling program were received and remain as impressive as the previous results which were reported on October 5th. Copper intersections include longer intervals of 24.4m of 1.06% and 29.0m of 0.88% with numerous shorter intervals as high as 6.26% together with significant gold and silver. The average grade of the existing JORC resource is 0.53% copper. "I am also pleased to report that we have completed the first of two diamond drill holes targeting the deeper sulphides at a depth of 314m underlying the AP Pit. We anticipate receipt of analytical data from this deeper hole in December. "Finally, we continue to be on track to deliver a new JORC Resource for the AP Pit oxides this month now that all of the assays have been received." | |
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