Anglesey Mining plc returned strong drill hole assays in broad widths at its 100%-owned volcanogenic massive sulphide project at Parys Mountain, northwest Wales. PROSPECTIVITY The results are from the recently completed drill hole NCZ001, the first from the 2023-2024 infill drilling programme of the Northern Copper and Garth Daniel zones. NCZ001 was designed to repeat […]
Tag: Anglesey Mining plc
Anglesey finance director Danesh Varma resigns
Anglesey Mining plc’s finance director and company secretary Danesh Varma has resigned with immediate effect. Companies House states Mr Varma’s appointment as finance director began on 1 August 2013. Interim chairman Andrew King said: “On behalf of the board of Anglesey, I would like to thank Danesh for his significant contribution and service to the […]
Shareholders oust Anglesey chairman John Kearney
Shareholders voted against re-electing Anglesey Mining plc chairman and director John Kearney after his nearly 30 years’ service with the group. SUPPORT At the company’s general meeting on 27 October, the resolution to re-appoint him received 93,533,645 votes in favour, 103,058,404 against with 256,302 withheld. Non-executive director Andrew King will act as interim chairman while […]
Anglesey CEO Jonathan Battershill to leave
Anglesey Mining plc chief executive officer Jonathan (Jo) Battershill will resign at the end of the year to become managing director of Silver Mines Ltd. Mr Battershill is currently a non-executive director (NED) of the Australian company and will take up his new post from 1 January 2024. He will continue Anglesey and help with the transition […]
Parys in line for muon tomography for resource drilling
The Parys Mountain polymetallic project will undergo a proof-of-concept study on the use of muon tomography to identify new resource and delineate existing zones of mineralisation. MUON TOMOGRAPHY Mine owner Anglesey Mining plc, currently preparing for a drill programme, has engaged ground engineering technical services company Central Alliance to use the exploratory tool. The technology […]
Anglesey Mining raises £500,000 via placing
Anglesey Mining plc has raised £500,000 via a placing of 33,333,329 new ordinary shares with certain institutional and other investors at a price of 1.5 pence per share. JUNO LIMITED Majority shareholder Juno Ltd converted debt for equity by subscribing for up to 6,950,000 new ordinary shares, capped at pro-rata ownership level. Following the placing, […]