Anglesey Mining plc has started work on the tailings management system (TMS) for its base and precious metals project at Parys Mountain in North Wales. KNIGHT PIÉSOLD Parys Mountain hold a copper-zinc-lead-silver-gold with a 2020 reported resource of 5.2 million tonnes at 4.3% combined base metals in the indicated category and 11.7Mt at 2.8% combined […]
Tag: Parys Mountain – Anglesey – North Wales
Anglesey encouraged by first Parys infill drill results
Anglesey Mining plc said the first assay results were encouraging from the initial four holes of infill drilling at its polymetallic project at Parys Mountain on Anglesey, northwest Wales. INFILL DRILLING The company, exploring for copper, zinc, lead, silver and gold volcanic massive sulphide deposits at the site, conducted infill drilling of the White Rock […]
Obituary – Anglesey deputy chairman-former CEO Bill Hooley
Anglesey Mining’s deputy chairman and non-executive director D. William (Bill) Hooley, who had more than fifty years’ experience in minerals operations and management, died suddenly on 7 June 2022. He previously held the post of chief executive officer of the company from 2006 to 2021. From 2007, Mr Hooley was also a director and deputy […]
Anglesey raises £864,416 via placing-subscription
Anglesey Mining plc said it had raised a total of £864,416 gross proceeds from a placing and subscription. DEBT RESTRUCTURING A placing of 22,829,705 ordinary shares with institutional and other investors at a price of 3.4 pence per share raised £776,210. Chairman John Kearney and chief executive officer Jo Battershill subscribed for an additional 2,594,284 […]
Anglesey to send Parys drill samples for assay
Anglesey Mining plc said it expected to submit drill core samples for assay later this month from its copper-zinc-lead-silver-gold project at Parys Mountain on Anglesey, North West Wales. DRILLING Infill drilling of the White Rock and Engine Zone deposits continues with four of the nine planned holes finished and the fifth due for completion towards […]
Anglesey raises £768,000 via discounted placing
Anglesey Mining plc raised £768,230 after issuing 22,595,000 new ordinary shares, representing 10% of the company’s current issued share capital, at 3.4 pence each. NEW SHAREHOLDERS The placing price represents a discount of 5.6% to the closing price on 7 October 2021. The investors include chief executive Jo Battershill who subscribed, via his company JJB […]