28 August 2024

Parys Mountain, Wales, mineralisation looks promising

Recent samples show workable base metal levels at Anglesey Mining plc's Parys Mountain property.

© Bradley Pritchard Jones/Unsplash

At Anglesey Mining plc’s north Wales Parys Mountain property, mineralisation within the Northern Copper Zone (NCZ) has been traced by historical mining and diamond drilling over a strike length of 1.2km.

The declared inferred resource for the NCZ is 9.38Mt, containing 1.27% copper, 0.38% zinc, 0.24% lead, 5g/y silver and 0.1g/t gold.

The declared inferred resource of the Garth Daniel Zone (GDZ) is 0.34Mt, containing 1.89% copper, 5.78% zinc, 2.76% lead, 66g/t silver and 0.1g/t gold.

Anglesey Mining has recently received litho-geochemical analysis results for these holes from Activation Laboratories in Canada.

Interpretation of the results has allowed the stratigraphic positions of the main ore horizons to be further defined, improving the geological unit correlations across the property

Rob Marsden, CEO of Anglesey Mining, notes, ‘It is great to see this latest dataset supporting and enhancing previous geological interpretation of the deposit.’

This month also saw submission of the Parys Mountain Mine Environmental Impact Assessment Scoping Report. The reportforms part of the first stage in the EIA process.

Copper, zinc, silver and lead are essential metals that will be required for the transition of the UK’s energy use and move away from fossil fuels. 

To produce these minerals from the Parys Mountain mine, new surface infrastructure will be required, including a tailings management facility, a decline portal and ventilation shaft collars. This may impact SSIs and historic locations.

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