Anglesey Mining plc has raised £220,000 via a direct subscription of 22 million ordinary shares at a price of 1 pence per share. USES Following admission, the total number of ordinary shares in the capital of the company in issue will be 483,593,017, with voting rights. Net proceeds will go towards developing Parys Mountain in […]
Tag: copper-zinc-lead-gold-silver – Parys Mountain
Anglesey to submit new plans for Parys
Anglesey Mining plc will submit a fresh plans including new surface infrastructure, a tailings management facility, a decline portal and some small ventilation shaft collars for Parys Mountain. MINING The decision follows completion and submission on 31 July of its environmental impact assessment (EIA) scoping report which raised reasons for a new application. Anglesey ruled […]
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 nears first Northern Copper zone infill drill
Anglesey Mining plc has started preparations for the first infill drilling in nearly 50 years into the Northern copper zone (NCZ) at Parys Mountain on the Isle of Anglesey. EXTENSIONS The company has begun the design, planning and logistics to drill six holes for 3,700m to infill portions of the current resource and verify historical […]
Anglesey progresses Parys-Grängesberg
Anglesey Mining plc announced progress at its Parys Mountain base and precious metals project on the Isle of Anglesey and Grängesberg iron ore interest in Sweden. PARYS MOUNTAIN The company said it expected to complete infill drilling over the next week at Parys Mountain, which hosts a polymetallic zinc, copper, lead, silver and gold deposit. […]
Anglesey grants QME option to develop Parys
Anglesey Mining plc has granted Quarry and Mining Equipment Ltd (QME) rights and the option, on completion of a prefeasibility study, to fund the mine development of the base and precious metals project on Parys Mountain, Anglesey. The company is also looking at various financing options to make progress with the project which was incorporated […]