16th Sep 2020 16:53
Phoenix Copper Ltd - North American-focused base and precious metals explorer - Reports "high-grade gold mineralisation" from Empire mine in Idaho. "We have received the analytical results from the remaining nine reverse circulation holes and two HQ-diameter core holes drilled in the Empire Mine Gold Zone and the gold and copper grades continue to impress. The gold values that we are seeing in the trends targeted in this year's drilling are consistent and remarkably high-grade, and considering their relatively shallow depths, should be readily accessible by open pit mining," Chief Executive Officer Ryan McDermott said.
Current stock price: 53.50 pence
Year-to-date change: up sharply from 13.00p at the end of 2019
By Eric Cunha; [email protected]
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