Further to its previous interim release, Anglesey Mining plc has now received
the final assay results from the last diamond drill hole in its current
programme. The hole reached total depth of 598 metres.
Significant mineral intersections recorded were as follows:
From To Interval Cu Pb Zn Ag Au
(metres) (metres) (metres) (%) (%) (%) (g/t) (g/t)
82.00 82.20 0.20 0.19 1.35 5.21 6 0.06
257.70 261.90 4.20 1.05 0.02 0.04 <5 0.10
342.70 343.10 0.40 5.43 5.35 12.21 33 0.06
432.70 434.70 2.00 2.86 0.11 1.11 15 0.12
487.40 489.70 2.30 1.54 0.86 3.45 9 0.04
493.60 494.65 1.05 1.05 3.33 7.96 29 0.01
496.60 502.10 5.50 3.73 6.06 12.51 78 0.37
525.50 529.60 4.10 1.49 0.03 0.04 5 0.01
As previously reported, and as detailed above, AMC17 included the following
composite intersection within the Engine Zone:
From To Interval Cu Pb Zn Ag Au
(metres) (metres) (metres) (%) (%) (%) (g/t) (g/t)
487.40 502.10 14.70 1.78 2.67 5.90 33 0.15
In the area of the Morris Shaft, some 600 metres distant from AMC 17, the Engine
zone represents a significant component of the resources published by the
company. This intersection in AMC 17 and that reported previously in AMC 15,
also in the Engine zone and a further 400 metres away from the Morris Shaft, are
considered to be highly important to the development of the Parys Mountain
property.
On-going review
The company's geological consultants are currently reviewing and analysing all
the results from the drilling programme for AMC15, AMC 16 and AMC 17 including
the assay results shown here together with the results from lithogeochemical
investigations. It is expected that their conclusions will be reported within
the next few weeks.
For further information please contact:
Ian Cuthbertson, Finance Director + (44) 1248 361333
Bill Hooley, Executive Director + (44) 1492 541981
John F. Kearney, Chairman + (1) 416 362 6686
Cathy Malins / Annabel Leather,
Parkgreen Communications + (44) 20 7493 3713
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.