Business
Awarding of Contracts for 2021 Drilling Programmes
Awarding of Contracts for 2021 Drilling Programmes.
About this update from Phoenix Copper Ltd. (united Kingdom)
[{"type":"text","content":"\n \n \n \n RNS Number : 5813U\n Phoenix Copper Limited\n 07 April 2021\n \n \n \n Phoenix Copper Limited / Ticker: PXC / Sector: Mining \n 7 April 2021\n \n \n \n Phoenix Copper Limited\n (\"Phoenix\" or the \"Company\")\n \n \n Awarding of Contracts for 2021 Drilling Programmes \n \n \n \n \n \n Phoenix Copper Ltd (AIM: PXC, OTCQX: PXCLF), the AIM quoted North American focused base and precious metals emerging producer and exploration company, is pleased to announce that Alford Drilling (formerly AK Drilling) of Elko, Nevada has been awarded the contracts for the 2021 Navarre Creek reverse circulation (\"RC\") and the Red Star and Horseshoe diamond core drilling programmes. Drillrite LLC of Reno, Nevada has been awarded the contracts for the 2021 Empire deep sulphide drilling and for the drilling and construction of hydrological monitoring wells. \n \n \n \n \n Ryan McDermott, Chief Executive Officer, commented:\n \n \"Work is progressing well with our Empire Mine development programme and preparations continue apace for the commencement of our exploration programmes as previously stated. I am, therefore, pleased to announce that we have awarded the drilling contracts for the 2021 field season to Alford Drilling and to Drillrite LLC. Alford Drilling will complete the drilling programme at the high-grade silver - lead Red Star and Horseshoe blocks, as well as the Navarre Creek gold block, while Drillrite LLC will complete the deep copper sulphide programme at Empire and the hydrological drill programme to support the Empire Mine open pit project. \n \n \"The Red Star core drilling will be a follow-up to last year's programme, but with the benefit of Dr David Rodgers' 2020 field work and subsequent report, as well as the results of the planned electromagnetic (\"EM\") survey scheduled for May/June of this year. The Navarre Creek drilling programme will be a continuation of the 2020 exploration season using the surface sampling assay results combined with the results of the planned EM survey also scheduled for May/June, site conditions permitting. The Navarre programme will be results oriented and may continue into 2022.\n \n \"Because we believe the results of the EM surveys at both Red Star and Navarre will be critical for drill hole targeti...