Anglesey Mining plc is considering hydro energy storage from a partner provider to support production from the underground polymetallic mine at Parys Mountain in North Wales. NON-CAVING A conceptual study for RheEnergise’s innovative High-Density Hydro® (HD Hydro) energy storage technology would use the former underground workings and the Morris shaft, excavated in 1989. Anglesey said […]
Tag: Parys Mountain – Anglesey – North Wales
Anglesey NED Namrata Verma resigns
Anglesey Mining plc non-executive director Namrata Verma has resigned with immediate effect to pursue other interests. Ms Verma was appointed to the role in December 2021. Interim chairman Andrew King said: “On behalf of the board of Anglesey, I would like to thank Namrata for her contribution to the company and we wish her well […]
Anglesey Mining raises £415,000
Anglesey Mining plc has raised £415,000 via a placing of 32.5 million ordinary shares with certain institutional and other investors and a subscription of 9m ordinary shares, all at 1 pence per share. Net proceeds will go towards developmental work at Parys Mountain, advancing development options at Grängesberg iron ore mine, debt repayment and general […]
Anglesey targets increased indicated resource
Anglesey Mining plc expects results from its three now completed infill drill holes to increase the indicated resource category at its 100% owned Parys Mountain polymetallic project. CONTINUITY The programme targeted the Northern Copper zone (NCZ) and Garth Daniel zone, where holes NCZ001 and NCZ002 were previously drilled. The final hole NCZ003 has intersected a […]
Anglesey returns further strong Parys drill results
Anglesey Mining plc reported high grade widths of mineralisation from exploration drilling at the Northern Copper zone at its 100% owned Parys Mountain on the Isle of Anglesey. CONTINUITY The company’s 2023-2024 programme is delineating mineral resource at the copper-zinc-lead-silver-gold volcanogenic massive sulfide project. Drilling is designed to verify the reliability of historical drill holes and […]
Anglesey exploration returns strong assays
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 […]