Business
Strong assay results from Parys Mountain drilling
Strong assay results from Parys Mountain drilling.
About this update from Anglesey Mining Plc
[{"type":"text","content":"\n \n Trading Symbol\n AIM: AYM\n 14th June 2022\n Anglesey Mining plc\n (“Anglesey” or “the Company”)\n Strong assay results from Parys Mountain drilling\n Anglesey Mining plc (AIM:AYM), the UK minerals development company, continues to advance work programmes at both its Parys Mountain Cu-Zn-Pb-Ag-Au VMS project on the Isle of Anglesey in north-west Wales and its Grängesberg iron ore project in Sweden.\n Anglesey is pleased to announce that the first round of assay results have been received from the initial four holes of the recent infill drilling programme at Parys Mountain.\n Parys Mountain Cu-Zn-Pb-Ag-Au Project\n \n The 10-hole infill programme at Parys Mountain has provided important data validating the resource model and improving confidence in the mineral resource estimate and mineralisation boundaries.\n Significant intersections include: \n\n12.36m at 4.8% Zn, 3.3% Pb, 0.5% Cu, 20g/t Ag & 0.3g/t Au (WD-19 from 140m) including \n\n3.72m at 8.5% Zn, 6.3% Pb, 1.0% Cu, 38g/t Ag & 0.3g/t Au (from 142m)2.76m at 7.2% Zn, 4.2% Pb, 0.6% Cu, 23g/t Ag & 0.3g/t Au (from 150m)21.53m at 4.0% Zn, 2.0% Pb, 0.3% Cu, 26g/t Ag & 1.0g/t Au (WD-19 from 170.5m) including \n\n6.0m at 7.1% Zn, 3.7% Pb, 0.4% Cu, 37g/t Ag & 2.0g/t Au (from 172m)3.0m at 5.9% Zn, 2.3% Pb, 0.5% Cu, 43g/t Ag & 0.7g/t Au (AMC-26 from 60m)3.75m at 3.4% Zn, 2.0% Pb, 0.3% Cu, 13g/t Ag & 0.1g/t Au (AMC-26 from 93m)3.7m at 5.8% Zn, 4.6% Pb, 0.6% Cu, 46g/t Ag & 0.2g/t Au (AMC-26 from 149m)\n Holes WD-19 and AMC-26 both recorded multiple intercepts, with AMC-26 essentially mineralised over a total width of 163m grading over 2.0% ZnEq (0.75% CuEq) and WD-19 mineralised over a width of 72m grading over 3.9% ZnEq (1.4% CuEq). Holes WD-16 and WD-18, drilled at the perimeter of the White Rock zone, encountered only low grade to minor mineralization.\n Samples from another four holes have been dispatched for assaying with results expected in mid-July.\n The final two holes of the programme are being logged for additional data to assist with geotechnical domain modelling, which will be utilised in the underground mine design optimisation. Once logged, they will be sampled and dispatched for assaying.\n With assays received, samples will now be selected for the metallurgical testwork programme. The testwork will include both Dense Media Separation...