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Phoenix Copper Ltd - North American-focused base and precious metals explorer - Notes publication of the independent report of "Geologic Mapping and Structural Analysis in the North Pit Region, Mackay Mining District", focused on the Red Star silver project.
Report confirms the potential of further high-grade silver at Red Star, and confirms the likely extension of the project to the historically mined high-grade Horseshoe and White Knob claim blocks. Report also highlights the association of high-grade silver mineralisation with the magnetite-bearing skarn formation.
Current stock price: 38.25 pence
Year-to-date change: up sharply from 13.00p
By Dayo Laniyan; dayolaniyan@alliancenews.com
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