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IN BRIEF: Phoenix Copper appoints Magee to conduct geophysical surveys

31st Mar 2021 20:38

Phoenix Copper Ltd - Idaho, US-based base and precious metals producer - Says it has appointed Magee Geophysical Services to conduct geophysical surveys at the company's Red Star silver-lead project and Navarre Creek gold project in Custer County. These surveys will subsequently be processed and analysed to enable the exploration team to refine future targets for drilling and other exploration data.

"We believe that a well-planned EM survey will highlight the subsurface occurrence of magnetite veins and magnetite bodies, providing valuable information for further exploration and drill hole targeting," says Chief Executive Officer Ryan McDermott.

Current stock price: 32.50 pence

Year-to-date change: down 19%

By Arvind Bhunjun; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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Phoenix Copper.
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