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Phoenix Global Mining Ltd.

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Summary

Project:

Empire Copper Mine

Deposit:Empire Copper Mine
Location:United States
Commodities:Copper-Gold-Silver-Zinc
Date:9/4/2018
Report Code:(no Code)
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Pre-Feasibility Study
Report details:4-9-2018: 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. 17.8m @ 1.19% Cu, 0.12% Zn, 11.82g/t Ag, 28.33ppm W from 0m. Phoenix Global M
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Roger Turner (Internal)
ABSTRACT:Phoenix Global Mining Ltd (AIM:PGM), the AIM quoted, US-focused base and precious metals exploration and development company, is pleased to announce encouraging results from the Company's 2018 drilling programme at the Empire Copper Mine in Idaho, USA (the 'Empire Mine') and the appointment of Ryan McDermott as Chief Operating Officer of Phoenix. Dennis Thomas, Chief Executive Officer, said, "We are pleased to present the assay results received to date from the 2018 Empire drill programme. The step out drilling portion of the programme is only partially complete, and the results are encouraging. Notable intervals of 12.2 metres of 0.95% copper, 13.7 metres of 0.64% copper and 6.1 metres of 1.09% copper have been reported in previously untested areas. This is of major significance as all the mineralised intercepts are outside of the November 2017 Resource Model reported by Hardrock Consulting. This previously untested ground is still open to the east and at depth, and we are currently targeting follow-up drilling to be completed in the next two months. In addition to these holes, we are drilling possible mineralised extensions on both the north and the south ends of the project and we await the assay results from these holes with interest.

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