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Further Results of Metallurgical Core Drilling
Further Results of Metallurgical Core Drilling.
About this update from Phoenix Copper Ltd. (united Kingdom)
[{"type":"text","content":"\n \n \n Phoenix Copper Limited / Ticker: PXC / Sector: Mining\n \n \n 16 March 2023\n \n \n \n Phoenix Copper Limited\n \n \n \n \n ('Phoenix' or the 'Company')\n \n \n \n \n \n \n \n \n \n Further Results of Metallurgical Core Drilling at the Empire Open Pit Copper Project, Idaho \n \n \n \n Phoenix Copper Ltd (AIM: PXC, OTCQX: PXCLY), the AIM-quoted USA-focused base and precious metals emerging producer and exploration company is pleased to report the assay results from a further three metallurgical core holes at its Empire Open Pit Copper Project, in Custer County, Idaho, USA (the 'Empire Open Pit'). As announced on 4 January 2023, 1,077 metres ('m') of a planned 1,500 m metallurgical core drilling programme were completed during 2022 and will provide samples and technical information for further metallurgical testing, geotechnical studies, and geological modeling.\n Significant drill results from the seventh, eighth and ninth holes of the programme are listed in Table 1, including the following highlights:\n \n Hole KXD22-07B\n \n \n o 24.38 m of 1.99% copper, 107.4 grammes/tonne ('g/t') silver, 247 ppm molybdenum, and 421 ppm tungsten starting at 12.80 m.\n \n o Including 10.97 m averaging 3.94% copper, 214.5 g/t silver, and 421 ppm tungsten from 21.49 m.\n \n o And including 0.91 m of 10% copper from 25.76 m.\n \n o And including 1.07 m of 12.80% copper from 26.67 m.\n \n Hole KXD22-08\n \n \n o 8.84 m of 0.73% copper, 43.1 g/t silver, 100 ppm molybdenum, and 204 ppm tungsten starting at 17.68 m.\n \n o Including 2.29 m averaging 2.33% copper and 142.3 g/t silver from 17.68 m.\n \n Hole KXD22-09\n \n \n o 8.96 m of 0.62% copper and 0.78% zinc starting at 174.04 m.\n \n o Including 1.37 m of 1.63% copper, 82.5 g/t silver, 0.51% lead, 3.43% zinc and 505 ppm molybdenum from 174.04 m.\n \n The 2022 metallurgical exploration programme was designed to collect material from each of the metallurgical domains to evaluate the metallurgical variability within the Empire Open Pit while improving the understanding of the geologic and structural controls on mineralisation. The results continue to confirm the continuity of mineralisation, which appears along structures striking northeast and dipping steeply to the southeast. The Phoenix team is assessing these result...