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Pin to quick picksPhoenix Copper. Share News (PXC)

Share Price Information for Phoenix Copper. (PXC)

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Share Price: 18.25
Bid: 18.00
Ask: 18.50
Change: 2.25 (14.29%)
Spread: 0.50 (2.778%)
Open: 15.75
High: 18.00
Low: 18.00
Prev. Close: 15.75
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IN BRIEF: Phoenix Copper notes metallurgical potential at Empire

Mon, 04th Sep 2023 13:30

Phoenix Copper Ltd - Base and precious metals explorer in the US state of Idaho - Says metallurgical test work at Empire mine shows possible "robust" copper, gold and silver recoveries. Says the test was completed by Forte Dynamics, which consisted of flotation processes as well as sulphuric acid leaching. Adds Navarre Creek drilling campaign is underway, with a total of 9.825 feet drilled so far.

Chief Executive Officer Ryan McDermott says: "The flotation process is an industry standard for the metal extraction of sulphide copper deposits.

We are continuing down this path with the expectation that a flotation-based process will further improve the economics and environmental, social and governance credentials of the Empire open pit, while potentially streamlining the later development of the company's deeper underground sulphide mineralisation."

Current stock price: 23.50 pence, up 1.1%

12-month change: up 4.4%

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
27 Feb 2020 15:03

Phoenix Copper raises $2m through subscription and note issue

(Sharecast News) - North America-focussed base and precious metals explorer and developer Phoenix Copper has raised a total of $2m (?1.54m) before expenses, it announced on Thursday, through a subscription for new ordinary shares and the issue of unsecured loan notes.

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27 Feb 2020 14:16

Phoenix Copper Raises USD2 Million To Fund Red Star Deposit Drilling

Phoenix Copper Raises USD2 Million To Fund Red Star Deposit Drilling

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12 Feb 2020 15:58

Phoenix Copper upbeat on environmental data collected at Empire

(Sharecast News) - North America-focussed base and precious metals exploration and development company Phoenix Copper announced the results of two years of independent baseline environmental data collection and monitoring at the Empire Mine in Idaho on Wednesday.

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12 Feb 2020 09:30

Phoenix Copper Sees No Environmental Issues At Empire Mine

Phoenix Copper Sees No Environmental Issues At Empire Mine

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23 Jan 2020 16:08

Phoenix Copper makes progress with exploration at Red Star

(Sharecast News) - North America-focussed base and precious metals exploration and development company Phoenix Copper announced the results of ongoing exploration at its Red Star silver deposit on Thursday, adjacent to its Empire copper deposit in Idaho.

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16 Jan 2020 17:53

Phoenix Copper Promotes COO Ryan McDermott To CEO Role

Phoenix Copper Promotes COO Ryan McDermott To CEO Role

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13 Nov 2019 12:42

Phoenix Copper Raises GBP850,000 Via Subscription, Loan Note Issue

Phoenix Copper Raises GBP850,000 Via Subscription, Loan Note Issue

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22 Oct 2019 11:31

Phoenix Copper Reports Continued Mineralisation At Empire Mine

Phoenix Copper Reports Continued Mineralisation At Empire Mine

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21 Oct 2019 11:51

Phoenix Copper upbeat on latest report from Idaho mine group

(Sharecast News) - North America-focussed base and precious metals exploration and development company Phoenix Copper announced the publication of a further report by its consultant economic geologist Nigel Maund on the geology and mineral potential of the Red Star and White Knob mine group, along strike to the north of its Empire Mine copper oxide deposit in Idaho.

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16 Sep 2019 12:15

Phoenix Copper Loss Flat In First Half As Empire Development Continues

(Alliance News) - Phoenix Copper Ltd on Monday said its loss in the first half of 2019 remained broadly unchanged as it continued to make progress on the US copper project.The precious and

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1 Aug 2019 15:13

Phoenix Copper New Empire Mine Economic Model Cuts Preproduction Costs

(Alliance News) - Phoenix Copper Ltd on Thursday said it has completed a new economic model for the Empire mine open pit heap leach SX-EW project in the US state of Idaho.The North and said

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8 Jul 2019 12:28

Phoenix Copper Appoints Medea To Arrange Financing For Empire Mine

(Alliance News) - Phoenix Copper Ltd said Monday it has appointed mining finance advisory firm Medea Natural Resources Ltd as its lead financial adviser for the Empire mine open pit in the US of a

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