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IN BRIEF: Anglesey to start drilling at Parys Mountain in November

Wed, 20th Oct 2021 13:32

Anglesey Mining PLC - interests in projects in Wales, Sweden and Canada - Secures a drill rig for the first drilling programme at Parys Mountain in Wales since 2012, which is set to commence in early November. Anglesey says a nine-hole programme for 2,750 metres of diamond core drilling has been designed to provide additional information on resource confidence, geotechnical domains, and metallurgy. "With the drilling at Parys Mountain expected to commence in early November, we would expect to have results coming back to us during the first quarter of 2022," says Chief Executive Jo Battershill.

Current stock price: 4.49 pence, down 2.2% on Wednesday

Year-to-date change: down 31%

By Evelina Grecenko; evelinagrecenko@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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