Phoenix Global Mining said it has gleaned "impressive" results from its recently-completed 28-hole drilling programme at the Empire copper mine in Idaho.
"The final batch of drill hole assays from our 2017 oxide drilling program were received and remain as impressive as the previous results which were reported on October 5th," chief executive Dennis Thomas said.
Copper intersections included longer intervals of 24.4m of 1.06% and 29.0m of 0.88%, with numerous shorter intervals as high as 6.26% together with significant gold and silver.
The average grade of the existing JORC resource is 0.53% copper.
At 8:23am: (LON:PGM) Phoenix Global Mining Limited Ord Npv Di share price was +0.13p at 3.88p