Phoenix Global Mining says new drilling indicates extension of Idaho copper play
Source - SMW
Phoenix Global Mining said it had gathered encouraging assay results from the Redstar prospect at Empire copper project in Idaho.
Three drill holes in October returned assays of 1,111 grams per tonne of silver and 20% lead over a 1.5 metre intersection.
'The drilling results from the recently discovered RedStar zone, together with the surface sampling results reported on 30 October, help confirm that the Empire mineralised system extends well beyond the near surface copper-oxide resource which is currently the subject of our Empire mine feasibility study,' chief executive Dennis Thomas said.
At 8:25am: (LON:PGM) Phoenix Global Mining Limited Ord Npv Di share price was +1p at 31p