By the third quarter of this year, Anglesey Mining (London Exchange) expects to have in hand a completed feasibility study for its 100% owned Parys Mountain polymetallic project in North Wales. .TAnglesey, a 31% owned affiliate of Imperial Metals (TSE), recently commissioned a full-scale study for the project which will be carried out by Kilborn Engineering of Vancouver and the Robertson Group of the United Kingdom.
The company said a metallurgical plant at Parys Mountain has been operating successfully since early this year, with over 50 tonnes of separate concentrates produced and 30 tonnes sold to a smelter at Avonmouth.
So far, 67 holes totalling more than 5,400 metres of underground diamond drilling have been completed, and a bulk sampling program is nearing completion. Additional underground development is planned to allow drilling to deeper levels of the Engine zone and to provide access to a parallel zone, the White Rock zone.
Selected recent results from drilling within the Upper and Lower Engine zone include (all true widths): 5.60 metres of 1.17% copper, 6.75% lead, 13.19% zinc, 326 grams silver per tonne and 3.37 grams gold; 10.28 metres of 1.19% copper, 3.73% lead, 6.56% zinc, 191 grams silver and 0.95 grams gold; 4.29 metres of 4.64% copper, 10.79% lead, 18.26% zinc, 117 grams silver and 0.89 grams gold; and 4.42 metres of 4.39% copper, 5.33% lead, 11.74% zinc, 283 grams silver and 1.44 grams gold.
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