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Phoenix Global Mining Ltd.
Summary
| Project: | Empire Copper Mine | |
|---|---|---|
| Deposit: | Empire Copper Mine | |
| Location: | United States | |
| Commodities: | Copper-Gold-Silver-Zinc-Lead | |
| Date: | 2/25/2019 | |
| Report Code: | (no Code) | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 25-2-2019: Phoenix Global Mining Ltd. announces an Exploration/Drilling Update report for its Empire Copper Mine deposit at the Empire Copper Mine project. Drilling results incl. 6.1m @ 2.07% Cu, 0.26% Zn, 1.79g/t Au, 23.03g/t Ag, 0.01% Pb from 126.5m. Ph | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Roger Turner (Internal) | |
| ABSTRACT: | Phoenix Global Mining Ltd (AIM: PGM, OTCQX: PGMLF), the North American-focused base and precious metals exploration and development company, is pleased to announce the remainder of the results from the Company's 2018 drilling programme at the Empire Copper Project in Idaho, USA (the 'Empire Mine'). A complete set of the results from the 2018 drilling programme can be found on the Company's website at www.pgmining.com. Dennis Thomas, Chief Executive Officer, said, "We are pleased to present the results of the last seven drill holes from the 2018 Empire drill programme. The results include infill and stepout drilling in the north-western portion of the Empire property and are consistent with our expectations. "Of particular note is the high-grade sulphide intercept of 12.80% copper equivalent in drill hole KX18-62. This drill hole intercept aligns with a nearby, historically drilled intercept of similar sulphide grade and adds credence to the larger, high-grade sulphide picture that is beginning to develop. In addition,the KX18-62 sulphide intercept is open to the west and at depth. "The infill and stepout drilling results in the oxides continue to show robust results, with 1.5 m of 2.11% copper equivalent and 4.6 m of 1.10% copper equivalent in holes KX18-58 and KX18-59, respectively. "On another note, the last of the 2018 rock chip sample assays for our Bighorn and Redcastle cobalt projects in Lemhi County, Idaho have been received and we look forward to presenting those results in the very near future." | |
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