Anglesey Mining plc has started a nine-hole diamond drill programme for 2,750 metres at its copper-lead-zinc project on Parys Mountain, Anglesey.
PROGRAMME
The three-month programme will gather additional information for a feasibility study expected to begin during 2022.
Anglesey Mining said that the drill programme includes infill drilling of the White Rock zone to convert the remaining inferred resource category material to the indicated category.
Around 78% of the White Rock resource is currently in the indicated category.
The programme will also provide geotechnical information for the mine design and allow for additional metallurgical testwork from both the Engine Zone and White Rock Zone.
WORKFORCE
Anglesey Mining recently expanded its workforce with a site manager and a geologist.
The company has also engaged environmental consultants and held initial discussions with metallurgical consultants regarding testwork during 2022.
SIGNIFICANT
Chief executive Jo Battershill said that the Irish Drilling rig had arrived on site yesterday (25 November) and expected core results from assay during Q1 next year.
“Without doubt, the next year is shaping up to be a busy period for Anglesey Mining with activities at Parys Mountain moving up a gear and the PFS update for Grängesberg now underway.
“Recent investor marketing has demonstrated that the Parys Mountain project is significantly more advanced than has been generally understood.
“The project has a large resource with significant infrastructure in place both locally and regionally and continues to receive strong support from the local community.”