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Anglesey Mining #AYM – Directorate Change
Anglesey Mining plc (AIM:AYM), announces that Namrata Verma has informed the Board of her decision to resign as a non-executive director of the Company with immediate effect in order to pursue other interests.
Andrew King, Interim Chairman of Anglesey Mining, commented: “On behalf of the Board of Anglesey, I would like to thank Namrata for her contribution to the Company and we wish her well for the future. The Board intends to initiate a process to recruit a new non-executive director and we will update the market as appropriate in due course.“
About Anglesey Mining plc:
Anglesey Mining is traded on the AIM market of the London Stock Exchange and currently has 461,593,017 ordinary shares in issue.
Anglesey is developing the 100% owned Parys Mountain Cu-Zn-Pb-Ag-Au VMS deposit in North Wales, UK with a reported resource of 5.3 million tonnes at over 4.0% combined base metals in the Measured and Indicated categories and 10.8 million tonnes at over 2.5% combined base metals in the Inferred category.
Anglesey also holds a 49.75% interest in the Grängesberg iron ore project in Sweden and 12% of Labrador Iron Mines Holdings Limited, which through its 52% owned subsidiaries, is engaged in the exploration and development of direct shipping iron ore deposits in Labrador and Quebec.
For further information, please contact:Anglesey Mining plc
Rob Marsden, Chief Executive Officer – Tel: +44 (0)7531 475111
Andrew King, Interim-Chairman – Tel: +44 (0)7825 963700
Davy
Nominated Adviser & Joint Corporate Broker
Brian Garrahy / Daragh O’Reilly – Tel: +353 1 679 6363
Zeus Capital Limited
Joint Corporate Broker
Katy Mitchell / Harry Ansell – Tel: +44 (0)161 831 1512
Anglesey Mining #AYM – Result of Placing and Subscription
Anglesey Mining Plc (AIM:AYM) is pleased to announce that, further to its announcement of 7 a.m.. (London time) on 28 June 2024, it has successfully completed and closed the Placing and Subscription.
The Placing and Subscription raised, in aggregate, gross proceeds of £415,000. The Placing comprises the placing of 32,500,000 Ordinary Shares (the “Placing Shares”) with certain institutional and other investors at a price of 1 pence per share (the “Issue Price”), and the Subscription comprised a subscription of 9,000,000 Ordinary Shares (“Subscription Shares“) at a price of 1 pence per share.
The Placing and Subscription is conditional on, amongst other matters, Admission.
The net proceeds of the Placing and Subscription will be applied to developmental work at Parys Mountain, advancing development options at Grängesberg Iron Ore Mine, debt repayment; and general working capital purposes.
The Company has been notified of the following participants in the Subscription (conditional only on admission of the Subscription Shares to trading on AIM):
PDMR Participation in the Subscription
| Name | Role | Ordinary Shares subscribed for in the Subscription | Total Holding of the enlarged Share Capital after the Subscription | Percentage holding of the enlarged Share Capital after the Placing and Subscription |
| Rob Marsden | Chief Executive Officer | 1,000,000 | 1,251,103 | 0.27 |
| Andrew King | Interim-Chairman | 2,000,000 | 2,000,000 | 0.43 |
Substantial Shareholder Participation
Energold Minerals Inc. has subscribed for 6,000,000 Ordinary Shares in the Subscription increasing its total holding in the Company to 95,108,204 Ordinary Shares (being 20.6% of the enlarged share capital of the Company after completion of the Placing and the Subscription).
Admission and Total Voting Rights
Application has been made to the London Stock Exchange for admission of the Placing Shares and the Subscription Shares, (being a total of 41,500,000 Ordinary Shares) to trading on AIM. It is expected that admission will become effective and dealings in the Placing Shares commence on AIM at 8.00 a.m. on 04 July 2024 (or such later date as may be agreed between the Company and the Bookrunner, but no later than 28 July 2024).
The Placing Shares and the Subscription Shares will be issued fully paid and will rank pari passu in all respects with the Company’s existing Ordinary Shares.
Following Admission, the total number of Ordinary Shares in the capital of the Company in issue will be 461,593,017 with voting rights. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company’s share capital pursuant to (i) the Company’s Articles, (ii) the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules and/or (iii) the AIM Rules for Companies issued by the London Stock Exchange plc as amended from time to time.
Capitalised terms used but not otherwise defined in this announcement shall have the meanings ascribed to such terms in the Company’s announcement made at 7.00 a.m. on 28 June 2024, unless the context requires otherwise.
For further information on the Company, please visit www.angleseymining.co.uk or contact:
Enquiries:
Anglesey Mining Plc www.angleseymining.co.uk
Rob Marsden, Chief Executive Officer Tel: +44 (0)7531 475111
Andrew King, Interim-Chairman Tel: +44 (0)7825 963700
Davy (Nominated Adviser & Joint Broker)
Brian Garrahy Tel: +353 1 679 6363
Daragh O’Reilly
WH Ireland Limited (Joint Broker & Bookrunner)
Harry Ansell Tel: +44 (0) 207 220 1666
Katy Mitchell
Anglesey Mining #AYM – Proposed Placing and Subscription to raise approximately £415,000
Anglesey Mining Plc (AIM:AYM) is pleased to announce its intention to raise gross proceeds of approximately £325,000 by means of a proposed placing (the “Placing”) of approximately 32,500,000 new ordinary shares of nominal value £0.01 (“Ordinary Shares”) each in the capital of the Company (the “Placing Shares”), to certain institutional and other investors, and a direct subscription of 9,000,000 new ordinary shares, to raise approximately £90,000 (the “Subscription”) (together the “Fundraising”), in each case at a price of 1p pence per share (the “Issue Price”).
Rob Marsden and Andrew King are directors of the Company and have indicated their intention to subscribe for new Ordinary Shares as part of a subscription. Energold Minerals Inc. has also indicated its intention to subscribe for new Ordinary Shares as part of a subscription.
The Issue Price represents a discount of approximately 16.67 per cent. to the Closing Price of 1.2 pence per Ordinary Share on 27 June 2024 being the latest practicable business day prior to the publication of this Announcement.
The Placing is to be conducted by way of an accelerated bookbuild (the “Bookbuild”) process which will commence immediately following this Announcement and will be subject to the terms and conditions set out in the Appendix to this Announcement.
The Placing and Subscription is conditional on, amongst other matters, admission of the Placing Shares and the Subscription Shares to trading on AIM.
A further announcement confirming the closing of the Bookbuild and the number of Placing Shares and Subscription Shares to be issued pursuant to the Placing and Subscription is expected to be made in due course.
WH Ireland Limited (“WH Ireland”) is acting as bookrunner in relation to the Placing.
Capitalised terms used but not otherwise defined in this Announcement shall have the meanings ascribed to such terms at the end of the Appendix to this Announcement, unless the context requires otherwise.
Fundraising Highlights
- Placing and Subscription to raise approximately £415,000 (before expenses) from certain existing shareholders and other institutional investors.
- Placing to be conducted via an accelerated bookbuild process launching today.
- Issue Price of 1 pence per share represents a discount of 16.67 per cent. to the closing mid-market price of the Company’s existing Ordinary Shares on 27 June 2024, being the latest practicable business day prior to the publication of this Announcement.
- Certain directors of the Company have also indicated their intention to participate in the Subscription at the Issue Price.
Reasons for the Fundraise, Use of Proceeds and Transaction Summary
The Company is undertaking the Fundraise to progress its corporate and operational strategy and the net proceeds will therefore be applied towards:
- Developmental work at Parys Mountain
- Advancing development options at Grängesberg Iron Ore Mine
- Debt repayment; and
- General working capital purposes
The Company is advancing a number of initiatives with a view to supporting its cash position, however if these are not successful the Company will need to raise further funds towards the end of the calendar year to continue to progress its activities.
The Placing and Subscription
The Company intends to raise gross proceeds of up to £415,000 (before expenses) from participants in the Placing and Subscription.
WH Ireland is acting as Bookrunner (“Bookrunner”) in connection with the Placing. The Placing Shares are being offered by way of an accelerated bookbuild (the “Bookbuild”), which will be launched immediately following this Announcement, in accordance with the terms and conditions set out in the Appendix to this Announcement.
Admission of the Placing Shares is conditional, inter alia, upon the placing agreement dated 27 June 2024 between the Company and the Bookrunner (the “Placing Agreement”) not having been terminated and becoming unconditional prior to 04 July 2024 (or such later time and / or date as the Company and Bookrunner shall agree, not being later than 28 July 2024).
The Placing is also conditional upon, amongst other things:
- admission of the Placing Shares becoming effective by no later than 8.00 a.m. on 04 July 2024 (or such later time and / or date as the Company and Bookrunner shall agree, not being later than 28 July 2024);
• the delivery by the Company to the Bookrunner of certain documents required under the Placing Agreement;
• the Company having fully performed its obligations under the Placing Agreement to the extent that such obligations fall to be performed prior to admission of the Placing Shares;
• the Placing Agreement not having been terminated by the Bookrunner in accordance with its terms.
The timing of the closure of the Bookbuild and the allocation of the Placing Shares to be issued at the Issue Price are to be determined at the discretion of the Company and the Bookrunner.
Admission to trading
Application will be made to the London Stock Exchange for admission of the Placing Shares and the Subscription Shares to trading on AIM. It is expected that admission will become effective and dealings in the Placing Shares and Subscription Shares will commence at 8.00 a.m. on or around 04 July 2024.
The Placing Shares and Subscription Shares will be issued fully paid and will rank pari passu in all respects with the Company’s existing Ordinary Shares.
A further announcement will be made following the closure of the Bookbuild, confirming final details of the Placing.
The Placing is not being underwritten and the Placing is not conditional on a minimum amount being raised.
The person responsible for arranging for the release of this announcement on behalf of Anglesey is Rob Marsden.
For further information on the Company, please visit www.angleseymining.co.uk or contact:
Enquiries:
Anglesey Mining Plc www.angleseymining.co.uk
Rob Marsden, Chief Executive Officer Tel: +44 (0)7531 475111
Andrew King, Interim-Chairman Tel: +44 (0)7825 963700
Davy (Nominated Adviser & Joint Broker)
Brian Garrahy / Daragh O’Reilly Tel: +353 1 679 6363
WH Ireland Limited (Joint Broker and Bookrunner)
Harry Ansell / Daniel Bristowe Tel: +44 (0) 207 220 1666
Katy Mitchell / Andrew de Andrade
Anglesey Mining #AYM – Further drilling results confirm scale of Northern Copper Zone at Parys Mountain
Anglesey Mining plc (AIM:AYM), is pleased to announce that assay results have been received for the recently completed drill hole NCZ003. Drill hole NCZ003 was the third hole to be completed from the infill drilling program of the Northern Copper Zone (NCZ) and Garth Daniel Zone (GDZ) at the Company’s Parys Mountain Cu-Zn-Pb-Ag-Au VMS project on the Isle of Anglesey in North West Wales.
Consistent both with historical drilling and the recently completed NCZ001 and NCZ002 holes, the assays confirm NCZ003 intersected a significant zone of mineralisation across the NCZ with 90m @ 0.57% CuEq (including internal dilution). Drill hole NCZ003 was terminated prematurely at a depth of 535m due to a large, potentially fault-related void. The last 6 metres of core prior to the 4m void assayed 1.16% CuEq and coincides with previous high-grade assays from historic drilling.
As with the previous two holes in the program, NCZ003 intersected both broad zones of mineralisation and multiple higher-grade zones. Importantly, the drilling is demonstrating good continuity and further supports the integrity of the geological model and drill targeting, with indications of greater mineralised volumes overall.
Key intersections within the broad zone of mineralisation are detailed below:
Northern Copper Zone – Hole NCZ003
- 0m @ 0.51% Cu, 0.06% Zn, 0.03% Pb, 2.16g/t Ag and 0.14g/t Au (0.57% CuEq) from a depth of 389m, including:
- 0m @ 0.80% Cu, 2.19g/t Ag and 0.16g/t Au (0.82% CuEq) from 427.0m
- 0m @ 0.99% Cu, 4.33g/t Ag and 0.15g/t Au (1.08% CuEq) from 449.0m
- 0m @ 0.47% Cu, 1.53g/t Ag and 0.07g/t Au (0.49% CuEq) from 490.0m, including 4.0m @ 0.48% Cu, 2.48g/t Ag and 0.13g/t Au (0.53% CuEq)
- 0m @ 1.20% Cu, 1.10g/t Ag and 0.01g/t Au (1.16% CuEq) from 529m (hole stopped in mineralisation)
***CuEq grades are based on recovery factors and commodity prices as detailed after the tabulated reported assays of this release***
The third drill hole, NCZ003, concludes the on-site portion of the current exploration and infill drilling program and we are expecting litho-geochemical analysis results, from each of the three holes, to be back from the laboratory in Canada in the coming weeks. Subsequently, on the strength of all the data collected and the interpretation thereof, the Company is targeting a resource update on the NCZ, with the aim of converting a significant portion of the Inferred Resource into the higher confidence Indicated category. Based on the Joint Ore Reserve Committee (JORC) guidelines, only Indicated and Measured category Mineral Resources can be converted into Ore Reserves.
Andrew King, Interim Chairman of Anglesey Mining, commented: “Once again, we are very pleased to see the Parys Mountain project delivering some very strong drilling results. It is worth reminding investors that Parys Mountain is demonstrably the largest and most advanced copper project in the UK with substantial resource upside still evident. In addition, the project is favourably located on a previously permitted, brownfield development site with significant existing infrastructure already in place.“
“All three holes in the current program; NCZ001 NCZ002 and NCZ003 have delivered some exceptional high-grade copper intersections within broad thicknesses of mineralisation up to 100m wide. The results continue to support our view that the NCZ provides significant upside for the Parys Mountain project, over and above the 5 million tonne contribution included within the 2021 Preliminary Economic Assessment.”
NCZ – Cross Section 4600mE
Section 4600mE below highlights the position of the recently completed drill hole NCZ002 and NCZ003.
The interpreted outline of the NCZ in the cross-section does not imply an economic outcome, it simply highlights where sulphides have been identified within the Northern Shales with a 0.5% CuEq cut-off. A significant number of the drill holes within this zone have returned consistent zones of higher-grade material, which was a key target of the program. The recognition of a shear zone along the hanging wall of the NCZ could imply a structural emplacement, or thickening of the sequence within the mine environment and will greatly assist with future targeting and drilling.
Importantly, every hole drilled into the interpreted position of the NCZ has intersected broad zones of sulphides; the drilling has demonstrated the predictability of the mineralised zone from the detailed geological model that has been constructed and refined over several years.
The most recent drill hole, NCZ003, targeted the up-dip area above historical hole H17A and has provided important additional information relating to the key lithology Rhyolite B – the emplacement of this unit is closely associated to the mineralising event. This additional information will now be incorporated into the geological model and the resource block model of the NCZ.
Drill hole NCZ003 ended prematurely at a depth of 535m due to faulted ground conditions and the intersection of a 4m void. The last metre of core prior to the void assayed 1.3% Cu and 1.22% CuEq. The location of the void correlates to the contact position of Rhyolite B and the host northern shale unit, which has traditionally been a zone related to higher grade intersections – drill hole A15 intersected 1.6m @ 3.7% CuEq approximately 100m up-dip from NCZ003 and NCZ001 intersected 22.0m @ 3.2% CuEq on section 4800mE (200m along strike).
NCZ – Cross Section 4800mE
Section 4800mE below highlights the position of drill hole NCZ001.
As per section 4600mE, this section also highlights the continuity of sulphide mineralisation across the NCZ. With the completion of NCZ003, the Company has gained a greater understanding of the influence from Rhyolite B on the higher-grade zones of mineralisation.
Section 4800mE also highlights the potential related to the Central Zone with significant intersections from historical 1970’s drilling, including 3.8m @ 8,6% Cu and 6.7m @ 2.4% Cu. The Company believes potential exists for these intersections to link to the 22m @ 3.2 % CuEq (including 4.0m @ 5.2% Cu) in NCZ001.
Drill hole details:
| Hole ID | Co-ordinates
(E) (N) |
Elevation
(m) |
Azimuth
(°) |
Dip (°) | End of Hole (m) | |
| NCZ003 | 243806.92 | 390948.57 | 73.09 | 165 | -72 | 535 |
Reported Assays (results >0.5 CuEq in bold):
| Hole Number | From | To | Sample Length | Assays | |||||
| (m) | (m) | (m) | Cu
(%) |
Zn
(%) |
Pb
(%) |
Ag (g/t) | Au (g/t) | CuEq
(%)* |
|
| NCZ003 | 264.4 | 264.8 | 0.4 | 0.02 | 1.34 | 0.26 | 3.6 | 0.11 | 0.42% |
| NCZ003 | 339.8 | 340.3 | 0.5 | 0.00 | 0.00 | 0.01 | 0.5 | 0.01 | 0.01% |
| NCZ003 | 340.3 | 340.8 | 0.5 | 0.00 | 0.00 | 0.01 | 0.5 | 0.01 | 0.01% |
| NCZ003 | 340.8 | 341.3 | 0.5 | 0.00 | 0.00 | 0.01 | 0.5 | 0.01 | 0.01% |
| NCZ003 | 385 | 386 | 1 | 0.12 | 0.00 | 0.01 | 0.5 | 0.02 | 0.12% |
| NCZ003 | 386 | 387 | 1 | 0.38 | 0.00 | 0.01 | 0.7 | 0.02 | 0.37% |
| NCZ003 | 387 | 388 | 1 | 0.50 | 0.02 | 0.05 | 1.9 | 0.12 | 0.54% |
| NCZ003 | 388 | 389 | 1 | 0.36 | 0.01 | 0.09 | 1.1 | 0.12 | 0.42% |
| NCZ003 | 389 | 390 | 1 | 0.50 | 0.01 | 0.05 | 1.4 | 0.11 | 0.53% |
| NCZ003 | 390 | 391 | 1 | 0.25 | 0.00 | 0.03 | 1.0 | 0.18 | 0.32% |
| NCZ003 | 391 | 392 | 1 | 0.27 | 0.01 | 0.05 | 1.0 | 0.05 | 0.29% |
| NCZ003 | 392 | 393 | 1 | 0.44 | 0.01 | 0.04 | 1.5 | 0.41 | 0.60% |
| NCZ003 | 393 | 394 | 1 | 1.90 | 0.00 | 0.09 | 2.2 | 0.12 | 1.85% |
| NCZ003 | 394 | 395 | 1 | 0.04 | 0.00 | 0.01 | 0.5 | 0.06 | 0.07% |
| NCZ003 | 395 | 396 | 1 | 0.67 | 0.00 | 0.01 | 1.1 | 0.11 | 0.68% |
| NCZ003 | 396 | 397 | 1 | 0.33 | 0.00 | 0.00 | 1.1 | 0.32 | 0.45% |
| NCZ003 | 397 | 398 | 1 | 0.10 | 0.02 | 0.06 | 0.8 | 0.16 | 0.18% |
| NCZ003 | 398 | 399 | 1 | 0.18 | 0.01 | 0.02 | 0.8 | 0.06 | 0.20% |
| NCZ003 | 399 | 400 | 1 | 0.02 | 0.00 | 0.01 | 0.5 | 0.06 | 0.05% |
| NCZ003 | 400 | 401 | 1 | 0.32 | 0.01 | 0.01 | 1.2 | 0.18 | 0.38% |
| NCZ003 | 401 | 402 | 1 | 0.33 | 0.01 | 0.01 | 1.7 | 0.20 | 0.40% |
| NCZ003 | 402 | 403 | 1 | 0.34 | 0.00 | 0.01 | 1.1 | 0.10 | 0.37% |
| NCZ003 | 403 | 404 | 1 | 0.29 | 0.01 | 0.01 | 1.2 | 0.08 | 0.31% |
| NCZ003 | 404 | 405 | 1 | 2.80 | 0.02 | 0.01 | 4.2 | 0.28 | 2.75% |
| NCZ003 | 405 | 406 | 1 | 0.26 | 0.02 | 0.01 | 1.5 | 0.10 | 0.30% |
| NCZ003 | 406 | 407 | 1 | 0.27 | 0.01 | 0.01 | 2.6 | 0.25 | 0.37% |
| NCZ003 | 407 | 408 | 1 | 0.32 | 0.00 | 0.01 | 1.0 | 0.07 | 0.33% |
| NCZ003 | 408 | 409 | 1 | 0.23 | 0.00 | 0.01 | 0.8 | 0.14 | 0.28% |
| NCZ003 | 409 | 410 | 1 | 0.08 | 0.00 | 0.01 | 0.5 | 0.11 | 0.13% |
| NCZ003 | 410 | 411 | 1 | 0.62 | 0.01 | 0.01 | 2.0 | 0.49 | 0.79% |
| NCZ003 | 411 | 412 | 1 | 0.11 | 0.00 | 0.01 | 0.5 | 0.03 | 0.11% |
| NCZ003 | 412 | 413 | 1 | 0.19 | 0.01 | 0.01 | 0.9 | 0.12 | 0.24% |
| NCZ003 | 413 | 414 | 1 | 0.17 | 0.02 | 0.01 | 1.3 | 0.16 | 0.24% |
| NCZ003 | 414 | 415 | 1 | 0.29 | 0.00 | 0.00 | 0.8 | 0.10 | 0.31% |
| NCZ003 | 415 | 416 | 1 | 0.33 | 0.00 | 0.01 | 0.7 | 0.15 | 0.37% |
| NCZ003 | 416 | 417 | 1 | 1.14 | 0.01 | 0.02 | 1.8 | 0.15 | 1.14% |
| NCZ003 | 417 | 418 | 1 | 0.09 | 0.01 | 0.01 | 0.5 | 0.09 | 0.12% |
| NCZ003 | 418 | 419 | 1 | 0.50 | 0.01 | 0.01 | 1.8 | 0.09 | 0.52% |
| NCZ003 | 419 | 420 | 1 | 0.66 | 0.02 | 0.01 | 2.4 | 0.18 | 0.70% |
| NCZ003 | 420 | 421 | 1 | 0.25 | 0.01 | 0.01 | 1.0 | 0.08 | 0.28% |
| NCZ003 | 421 | 422 | 1 | 0.56 | 0.01 | 0.01 | 2.4 | 0.19 | 0.61% |
| NCZ003 | 422 | 423 | 1 | 0.76 | 0.01 | 0.01 | 2.6 | 0.24 | 0.83% |
| NCZ003 | 423 | 424 | 1 | 0.16 | 0.01 | 0.01 | 1.5 | 0.06 | 0.19% |
| NCZ003 | 424 | 425 | 1 | 0.05 | 0.01 | 0.01 | 1.2 | 0.11 | 0.10% |
| NCZ003 | 425 | 426 | 1 | 0.41 | 0.01 | 0.04 | 1.1 | 0.05 | 0.43% |
| NCZ003 | 426 | 427 | 1 | 0.17 | 0.00 | 0.01 | 0.7 | 0.08 | 0.20% |
| NCZ003 | 427 | 428 | 1 | 0.92 | 0.02 | 0.01 | 2.8 | 0.13 | 0.93% |
| NCZ003 | 428 | 429 | 1 | 0.86 | 0.00 | 0.01 | 1.5 | 0.10 | 0.86% |
| NCZ003 | 429 | 430 | 1 | 1.82 | 0.01 | 0.01 | 2.8 | 0.13 | 1.77% |
| NCZ003 | 430 | 431 | 1 | 1.41 | 0.04 | 0.01 | 4.2 | 0.19 | 1.43% |
| NCZ003 | 431 | 432 | 1 | 0.48 | 0.01 | 0.01 | 1.5 | 0.10 | 0.50% |
| NCZ003 | 432 | 433 | 1 | 0.07 | 0.00 | 0.00 | 0.6 | 0.05 | 0.09% |
| NCZ003 | 433 | 434 | 1 | 0.27 | 0.01 | 0.01 | 2.0 | 0.43 | 0.44% |
| NCZ003 | 434 | 435 | 1 | 0.53 | 0.01 | 0.00 | 2.1 | 0.15 | 0.57% |
| NCZ003 | 435 | 436 | 1 | 0.29 | 0.06 | 0.21 | 4.5 | 0.30 | 0.49% |
| NCZ003 | 436 | 437 | 1 | 0.12 | 0.01 | 0.01 | 2.2 | 0.15 | 0.19% |
| NCZ003 | 437 | 438 | 1 | 0.11 | 0.00 | 0.01 | 1.1 | 0.14 | 0.17% |
| NCZ003 | 438 | 439 | 1 | 0.21 | 0.02 | 0.00 | 1.7 | 0.09 | 0.25% |
| NCZ003 | 439 | 440 | 1 | 0.04 | 0.01 | 0.01 | 1.4 | 0.10 | 0.09% |
| NCZ003 | 440 | 441 | 1 | 0.05 | 0.00 | 0.00 | 0.9 | 0.08 | 0.09% |
| NCZ003 | 441 | 442 | 1 | 0.09 | 0.00 | 0.00 | 1.0 | 0.07 | 0.12% |
| NCZ003 | 442 | 443 | 1 | 0.80 | 0.01 | 0.00 | 2.4 | 0.19 | 0.84% |
| NCZ003 | 443 | 444 | 1 | 0.37 | 0.01 | 0.00 | 2.0 | 0.19 | 0.43% |
| NCZ003 | 444 | 445 | 1 | 0.38 | 0.04 | 0.04 | 4.3 | 0.36 | 0.55% |
| NCZ003 | 445 | 446 | 1 | 0.18 | 0.01 | 0.01 | 1.6 | 0.13 | 0.24% |
| NCZ003 | 446 | 447 | 1 | 0.31 | 0.01 | 0.00 | 2.0 | 0.14 | 0.36% |
| NCZ003 | 447 | 448 | 1 | 0.53 | 0.09 | 0.27 | 4.8 | 0.16 | 0.68% |
| NCZ003 | 448 | 449 | 1 | 0.24 | 0.01 | 0.17 | 1.6 | 0.10 | 0.32% |
| NCZ003 | 449 | 450 | 1 | 2.10 | 0.02 | 0.03 | 7.1 | 0.40 | 2.17% |
| NCZ003 | 450 | 451 | 1 | 0.51 | 0.01 | 0.02 | 2.3 | 0.18 | 0.57% |
| NCZ003 | 451 | 452 | 1 | 1.60 | 0.28 | 0.80 | 7.1 | 0.13 | 1.87% |
| NCZ003 | 452 | 453 | 1 | 0.95 | 0.03 | 0.26 | 5.3 | 0.21 | 1.08% |
| NCZ003 | 453 | 454 | 1 | 0.49 | 0.06 | 0.20 | 3.1 | 0.08 | 0.58% |
| NCZ003 | 454 | 455 | 1 | 0.14 | 0.01 | 0.02 | 1.0 | 0.06 | 0.16% |
| NCZ003 | 455 | 456 | 1 | 0.29 | 0.12 | 0.22 | 5.9 | 0.06 | 0.42% |
| NCZ003 | 456 | 457 | 1 | 0.30 | 0.08 | 0.08 | 2.1 | 0.13 | 0.38% |
| NCZ003 | 457 | 458 | 1 | 2.55 | 0.07 | 0.16 | 5.1 | 0.09 | 2.50% |
| NCZ003 | 458 | 459 | 1 | 0.28 | 0.06 | 0.12 | 3.0 | 0.16 | 0.39% |
| NCZ003 | 459 | 460 | 1 | 0.70 | 0.04 | 0.09 | 5.4 | 0.19 | 0.79% |
| NCZ003 | 460 | 461 | 1 | 0.76 | 0.03 | 0.02 | 3.5 | 0.17 | 0.80% |
| NCZ003 | 461 | 462 | 1 | 0.64 | 0.01 | 0.01 | 1.7 | 0.14 | 0.67% |
| NCZ003 | 462 | 463 | 1 | 0.39 | 0.01 | 0.01 | 1.7 | 0.08 | 0.40% |
| NCZ003 | 463 | 464 | 1 | 0.13 | 0.26 | 0.53 | 2.9 | 0.06 | 0.36% |
| NCZ003 | 464 | 465 | 1 | 0.13 | 0.06 | 0.19 | 1.8 | 0.03 | 0.21% |
| NCZ003 | 465 | 466 | 1 | 1.10 | 0.12 | 0.04 | 5.4 | 0.10 | 1.13% |
| NCZ003 | 466 | 467 | 1 | 0.42 | 0.04 | 0.08 | 3.9 | 0.10 | 0.48% |
| NCZ003 | 467 | 468 | 1 | 0.18 | 0.00 | 0.07 | 0.7 | 0.02 | 0.20% |
| NCZ003 | 468 | 469 | 1 | 0.31 | 0.02 | 0.05 | 1.9 | 0.03 | 0.33% |
| NCZ003 | 469 | 470 | 1 | 0.14 | 0.09 | 0.18 | 1.9 | 0.08 | 0.24% |
| NCZ003 | 470 | 471 | 1 | 0.10 | 0.03 | 0.14 | 1.1 | 0.02 | 0.16% |
| NCZ003 | 471 | 472 | 1 | 1.71 | 0.05 | 0.09 | 6.4 | 0.05 | 1.68% |
| NCZ003 | 472 | 473 | 1 | 0.12 | 0.01 | 0.01 | 0.8 | 0.06 | 0.14% |
| NCZ003 | 473 | 474 | 1 | 0.15 | 0.01 | 0.01 | 0.9 | 0.04 | 0.16% |
| NCZ003 | 474 | 475 | 1 | 0.71 | 0.02 | 0.05 | 1.7 | 0.13 | 0.74% |
| NCZ003 | 475 | 476 | 1 | 0.58 | 0.02 | 0.01 | 3.2 | 0.17 | 0.63% |
| NCZ003 | 476 | 477 | 1 | 0.07 | 0.01 | 0.06 | 0.8 | 0.04 | 0.11% |
| NCZ003 | 477 | 478 | 1 | 0.82 | 0.04 | 0.05 | 3.5 | 0.16 | 0.87% |
| NCZ003 | 478 | 479 | 1 | 1.37 | 0.02 | 0.04 | 3.5 | 0.08 | 1.34% |
| NCZ003 | 479 | 480 | 1 | 0.10 | 0.01 | 0.05 | 0.8 | 0.04 | 0.12% |
| NCZ003 | 480 | 481 | 1 | 0.04 | 0.03 | 0.06 | 0.7 | 0.03 | 0.07% |
| NCZ003 | 481 | 482 | 1 | 0.13 | 0.01 | 0.02 | 0.5 | 0.03 | 0.14% |
| NCZ003 | 482 | 483 | 1 | 0.38 | 0.01 | 0.02 | 1.3 | 0.05 | 0.39% |
| NCZ003 | 483 | 484 | 1 | 0.07 | 0.00 | 0.01 | 0.5 | 0.01 | 0.08% |
| NCZ003 | 484 | 485 | 1 | 0.02 | 0.00 | 0.01 | 0.5 | 0.01 | 0.03% |
| NCZ003 | 485 | 486 | 1 | 0.40 | 0.00 | 0.01 | 0.6 | 0.03 | 0.39% |
| NCZ003 | 486 | 487 | 1 | 0.03 | 0.00 | 0.01 | 0.5 | 0.02 | 0.04% |
| NCZ003 | 487 | 488 | 1 | 0.02 | 0.13 | 0.06 | 0.8 | 0.02 | 0.07% |
| NCZ003 | 488 | 489 | 1 | 0.19 | 0.01 | 0.02 | 0.5 | 0.03 | 0.19% |
| NCZ003 | 489 | 490 | 1 | 0.15 | 0.00 | 0.01 | 0.5 | 0.02 | 0.15% |
| NCZ003 | 490 | 491 | 1 | 0.63 | 0.03 | 0.01 | 4.1 | 0.19 | 0.69% |
| NCZ003 | 491 | 492 | 1 | 0.51 | 0.07 | 0.02 | 4.0 | 0.26 | 0.63% |
| NCZ003 | 492 | 493 | 1 | 0.13 | 0.01 | 0.07 | 0.9 | 0.04 | 0.16% |
| NCZ003 | 493 | 494 | 1 | 0.66 | 0.00 | 0.01 | 0.9 | 0.02 | 0.63% |
| NCZ003 | 494 | 495 | 1 | 0.09 | 0.06 | 0.05 | 1.0 | 0.04 | 0.13% |
| NCZ003 | 495 | 496 | 1 | 0.01 | 0.01 | 0.01 | 0.5 | 0.02 | 0.03% |
| NCZ003 | 496 | 497 | 1 | 0.31 | 0.01 | 0.01 | 1.2 | 0.06 | 0.32% |
| NCZ003 | 497 | 498 | 1 | 0.83 | 0.02 | 0.01 | 1.7 | 0.04 | 0.81% |
| NCZ003 | 498 | 499 | 1 | 0.63 | 0.01 | 0.01 | 1.1 | 0.05 | 0.61% |
| NCZ003 | 499 | 500 | 1 | 0.03 | 0.00 | 0.01 | 0.5 | 0.01 | 0.04% |
| NCZ003 | 500 | 501 | 1 | 0.47 | 0.00 | 0.01 | 1.2 | 0.03 | 0.46% |
| NCZ003 | 501 | 504 | 3 | 0.64 | 0.04 | 0.14 | 1.5 | 0.08 | 0.69% |
| NCZ003 | 504 | 505 | 1 | 0.78 | 0.09 | 0.15 | 1.4 | 0.03 | 0.81% |
| NCZ003 | 505 | 506 | 1 | 0.08 | 0.00 | 0.01 | 0.5 | 0.01 | 0.08% |
| NCZ003 | 506 | 507 | 1 | 0.04 | 0.00 | 0.01 | 0.5 | 0.01 | 0.05% |
| NCZ003 | 507 | 508 | 1 | 0.00 | 0.00 | 0.01 | 0.5 | 0.01 | 0.01% |
| NCZ003 | 508 | 509 | 1 | 0.00 | 0.00 | 0.02 | 0.5 | 0.01 | 0.02% |
| NCZ003 | 509 | 510 | 1 | 0.00 | 0.00 | 0.01 | 0.5 | 0.01 | 0.01% |
| NCZ003 | 510 | 511 | 1 | 0.02 | 0.00 | 0.01 | 0.5 | 0.02 | 0.03% |
| NCZ003 | 511 | 512 | 1 | 0.19 | 0.00 | 0.05 | 0.5 | 0.01 | 0.20% |
| NCZ003 | 512 | 513 | 1 | 0.00 | 0.00 | 0.01 | 0.5 | 0.01 | 0.01% |
| NCZ003 | 513 | 514 | 1 | 0.00 | 0.00 | 0.01 | 0.5 | 0.01 | 0.01% |
| NCZ003 | 514 | 515 | 1 | 0.01 | 0.00 | 0.01 | 0.6 | 0.03 | 0.03% |
| NCZ003 | 515 | 516 | 1 | 0.07 | 0.00 | 0.01 | 0.5 | 0.01 | 0.08% |
| NCZ003 | 516 | 517 | 1 | 0.04 | 0.01 | 0.02 | 0.5 | 0.01 | 0.05% |
| NCZ003 | 517 | 518 | 1 | 0.83 | 0.00 | 0.01 | 0.8 | 0.01 | 0.78% |
| NCZ003 | 518 | 519 | 1 | 0.14 | 0.01 | 0.02 | 0.8 | 0.01 | 0.14% |
| NCZ003 | 519 | 520 | 1 | 0.15 | 0.00 | 0.02 | 0.5 | 0.01 | 0.15% |
| NCZ003 | 520 | 521 | 1 | 0.06 | 0.00 | 0.02 | 0.5 | 0.01 | 0.07% |
| NCZ003 | 521 | 522 | 1 | 0.10 | 0.00 | 0.02 | 0.5 | 0.01 | 0.11% |
| NCZ003 | 522 | 523 | 1 | 0.03 | 0.00 | 0.01 | 0.5 | 0.01 | 0.04% |
| NCZ003 | 523 | 524 | 1 | 0.25 | 0.00 | 0.02 | 0.5 | 0.01 | 0.24% |
| NCZ003 | 524 | 525 | 1 | 0.01 | 0.00 | 0.01 | 0.5 | 0.01 | 0.02% |
| NCZ003 | 525 | 526 | 1 | 0.21 | 0.00 | 0.01 | 0.5 | 0.01 | 0.20% |
| NCZ003 | 526 | 527 | 1 | 0.08 | 0.00 | 0.01 | 0.5 | 0.01 | 0.08% |
| NCZ003 | 527 | 528 | 1 | 0.00 | 0.00 | 0.01 | 0.5 | 0.01 | 0.01% |
| NCZ003 | 528 | 529 | 1 | 0.24 | 0.00 | 0.01 | 0.5 | 0.01 | 0.23% |
| NCZ003 | 529 | 531 | 2 | 1.15 | 0.01 | 0.19 | 1.2 | 0.01 | 1.13% |
| NCZ003 | 534 | 535 | 1 | 1.30 | 0.01 | 0.02 | 0.9 | 0.01 | 1.22% |
| Total | 148.90 | ||||||||
* Copper Equivalent (CuEq %) = Cu grade % * Cu Recovery + (Zn grade % * Zn Recovery * (Zn price $/t /Cu price $/t)) + (Pb grade % * Pb Recovery * (Pb price $/t /Cu price $/t)) + (Ag grade g/t / 31.103 * Ag recovery * (Ag price $/oz /Cu price $/t)) + (Au grade g/t / 31.103 * Au recovery * (Au price $/oz /Cu price $/t))
Cu Equivalent calculated using following commodity prices: Zn – US$3350/t, Cu – US$9523/t, Pb – US$2292/t, Ag – US$25.50/oz and
Au – US$1850/oz
Cu Equivalent calculated using following recovery assumptions for Northern Copper Zone: Zn – 82%, Cu – 93%, Pb – 78%, Ag – 72% and Au – 65%
Sample analysis and QA/QC
All samples generated from the drilling were dispatched to ALS Loughrea, Ireland.
Samples were assayed for multi-element data analysis using their ME-ICP61 package, which includes Ag, Cu, Pb and Zn. The samples were also assayed for gold using their Au-AA23 analysis package. Overlimit assays were then analysed using their Ag-OG62, Cu-OG62, Pb-OG62, Zn-OG62 and ME-OG62 analysis packages.
For QA/QC purposes, Anglesey Mining used the industry standard of inserting 5% Certified Reference Material (CRM) samples, 2.5% Certified Blank Samples (Blanks) and 5% duplicate samples at source. The CRMs were sourced from OREAS Australia.
Competent Person
The information in this announcement which relates to Drilling Results has been approved by Mrs. Liz de Klerk, M.Sc., Pr.Sci.Nat., FIMMM who is a professional registered with the South African Council for Natural Scientific Professionals (SACNASP: 400090/08) and independent consultant to the Company. Mrs. de Klerk is the Senior Geologist & Managing Director of Micon International Co Limited and has over 20 continuous years of exploration and mining experience in a variety of mineral deposit styles. Mrs. de Klerk has sufficient experience which is relevant to the style of exploration, mineralisation and type of deposit under consideration and to the activity which she is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the “Australasian Code for reporting of Exploration Results, Exploration Targets, Mineral Resources and Ore Reserves” (JORC Code). Mrs. de Klerk consents to inclusion in the announcement of the matters based on this information in the form and context in which it appears.
About Anglesey Mining plc:
Anglesey is traded on the AIM market of the London Stock Exchange and currently has 420,093,017 ordinary shares in issue.
Anglesey is developing the 100% owned Parys Mountain Cu-Zn-Pb-Ag-Au VMS deposit in North Wales, UK with a reported resource of 5.3 million tonnes at over 4.0% combined base metals in the Measured and Indicated categories and 10.8 million tonnes at over 2.5% combined base metals in the Inferred category.
Anglesey also holds a 49.75% interest in the Grängesberg iron ore project in Sweden and 12% of Labrador Iron Mines Holdings Limited, which through its 52% owned subsidiaries, is engaged in the exploration and development of direct shipping iron ore deposits in Labrador and Quebec.
For further information, please contact:
Anglesey Mining plc
Rob Marsden, Chief Executive Officer – Tel: +44 (0)7531 475111
Andrew King, Interim-Chairman – Tel: +44 (0)7825 963700
Davy
Nominated Adviser & Joint Corporate Broker
Brian Garrahy / Daragh O’Reilly – Tel: +353 1 679 6363
WH Ireland
Joint Corporate Broker
Katy Mitchell / Harry Ansell – Tel: +44 (0)207 220 1666
Brand Communications
Public & Investor Relations
Alan Green – Tel: +44 (0)7976 431608
A Perfect Storm and Copper Bottomed Squeeze – by Jill Baker
by Jill Baker
That so many analysts have been caught napping as the copper price ‘unexpectedly’ broke to new highs is something of a surprise, particularly given the compelling economic drivers that have been clearly signalling a supply squeeze for some years.
Copper is thought to be the first metal humans discovered, dating back well over 10,000 years. Previously the price was kept in check due to the fact that in general copper is more abundant than the majority of non-ferrous metals. It’s historical uses in cookware, tools and fittings, along with its durability, conductivity and even anti-bacterial properties have ensured copper’s iconic status in the world of metals.
However, the emergence of new industries in clean technology and EV production have created an added impetus and urgency to sourcing new copper supplies. This increase in demand has also coincided with a forecast fall in production for the next few years (see Fig 1 – courtesy Refinitiv) opposite.
The first few months of 2024 has seen copper analysts hastily rewrite their scripts and switch to forecasts for deeper deficits, while striking redlines through previous forecasts for expected surpluses.
Some copper bulls have stuck to their guns: Goldman Sachs sees copper trading at $10,000 / tonne by the end of 2024, Capital Economics forecasts a year end price of $9,250 and ANZ sees the metal trading above $10,000 / tonne over the next 12 months.
But with the price rocketing skywards, even these latest forecasts are looking out of date. Along with gold, copper has broken out of a recent trading range and at time of writing (April 19 2024) stands at $9,651 / tonne (see Fig 2 opposite – courtesy Markets Insider).
And Jeremy Weir, CEO of commodity giant Trafigura believes that there will be a potential supply gap of 8m tonnes by 2034, fully supporting $10,000 / tonne and possibly as high as $12,000 / tonne.
So copper is faced with a perfect backdrop: an increase in demand and a fall in production. Both are combining to drive the copper price much, much higher. The ramifications for Governments seeking to meet net zero commitments are huge. Equally, the fortunes of mining juniors holding copper assets looks set to change dramatically. Historically uneconomic and / or dormant projects are being hurriedly revisited as the record high copper prices validate and bring back to life historically uneconomical projects.
Two companies outlined here both have copper projects at different stages of development, and in each case the share prices of both companies have yet to catch up with the rocketing copper price and benefit from the perfect storm and copper bottomed squeeze.
Early Stage:
Aquis listed VVV Resources (AQX: VVV) is building a new portfolio in a user-friendly, low-risk, prolific and historic copper region of Austria. Last October, VVV acquired the Mitterberg Copper Project in Austria, considered the largest copper occurrence in the area defined as the Eastern Alps and also a “brownfield” site. It is reported that copper mining commenced during prehistoric times and recommenced around 1830 until 1977 when the mines were closed due to low copper prices at the time.
According to historic data, more than 120,000 tonnes of copper have been extracted and during the 1970’s it is reported that approximately 200,000 tonnes of copper-rich mineralisation with an average copper grade of 1.4% was mined annually. Mitterberg is located approximately 60 kilometres south of Salzburg, Austria and comprises 198 contiguous exploration licences over an area of some 90 square kilometres.
Although trading at 10.5p per share with a market cap of just £730,000, VVV has just appointed Ben Hill, former Head of Legal at RAB Capital and Senior Advisor for The Growth Stage to the board in order to structure a funding package to enable VVV to fast track Mitterberg development. Chairman and mining industry veteran Jim Williams said that the surge in copper prices, and expected supply squeeze, meant that the development of Mitterberg was “of the utmost importance”, and that Ben Hill and his network “possessed the necessary corporate skills to assist in generating traction and liquidity.”
Later Stage:
Aside from owning a 50% stake in the Grängesberg Iron Ore Project in Sweden and 11% of Labrador Iron Mines Holdings Ltd in Canada, AIM listed Anglesey Mining (AIM: AYM) is the owner of the famous Parys Mountain mine in Anglesey, Wales. Currently engaged in a drilling programme, Parys Mountain hosts a significant polymetallic zinc, copper, lead, silver and gold deposit. A head frame and a 300m deep production shaft already exists, along with planning permission for operations and freehold ownership of the minerals and land. Added to this the local infrastructure is good, political risk is low and the project enjoys the support of local people and government.
Early results from a recent drilling campaign have indicated potential for significant upside to an existing 5 million tonnes of copper within the 2021 Preliminary Economic Assessment. Current drilling has demonstrated good continuity with previous drilling results, further supporting the integrity of the geological model and identifying a large mineralised zone in excess of 100m thick. In the words of Chairman Andrew King, Parys Mountain is “demonstrably the largest and most advanced copper project in the UK with substantial resource upside still evident.”
Anglesey have made a prescient appointment in the form of mining engineer and former Rio Tinto investment committee head Rob Marsden as its new Chief Executive to fast track the drilling programme and bring the Parys Mountain onstream. Despite the pace of developments, the existing infrastructure and new appointment, bafflingly the share price remains rooted at 1.4p, giving Anglesey a current market capitalisation of just £6m.
Anglesey Mining #AYM – Appointment of new CEO
Anglesey Mining plc (AIM:AYM), 100% owner of the Parys Mountain Cu-Zn-Pb-Ag-Au VMS deposit in Anglesey, North Wales, is pleased to announce the appointment of Robert (“Rob”) Marsden to the Board as Chief Executive Officer with effect from 1st May 2024.
Rob is a Mining Engineer with 29 years of international experience. Upon graduation from the Camborne School of Mines in 1995 he joined Rio Tinto plc and over the next 18 years held several technical, operational and management roles , living and working in South Africa, Australia, France and the USA, and was latterly employed in the Business Evaluation Department at Rio Tinto’s head office in London.
In 2013 Rob founded his own consultancy, MarsdenGray, based in the UK, to draw together his unique blend of technical, financial and practical experience, providing clients with clear robust insights into the planning, operation and evaluation of mining projects.
During his career, Rob has gained experience across a wide range of commodities including copper, diamonds, gold, silver, coal, industrial minerals, and iron ore with on the ground assignments around the world, including Australia, Botswana, Brazil, Chile, Canada, Ghana, Madagascar, Peru, South Africa and Zimbabwe.
Rob is a Member of the Institute of Materials, Minerals and Mining (IOM), Qualified for Mineral Reporting (by IOM), is a Fellow of the Geological Society (London) and an Associate of the Camborne School of Mines.
View Rob’s LinkedIn profile here.
Andrew King, Interim Chairman of Anglesey Mining, commented: “On behalf of the Anglesey Mining board, we are delighted to welcome Rob as our new CEO to head up the development of the Parys Mountain project and optimise the Company’s iron ore investments. In setting our brief for the role, we knew the right candidate had to be not only an experienced mining executive, but a person also in possession of the requisite corporate skills to step into a high-profile role and engage with all stakeholders, including our shareholders and the community and local government in regions in which the Company operates. Rob possesses an abundance of experience, both as an engineer and as an accomplished operator at an executive level. Having already spent some time with him at Parys Mountain, it is clear Rob has the skillset to oversee the evolution and development of Parys Mountain and, like us, he is enthused by the latest drilling results and grade continuity. As we await the assay results for drill hole NCZ003, I am very much looking forward to his input and perspective as we seek to progress both this project and the Company more generally in the future.”
Incoming CEO Rob Marsden commented: “I am pleased and excited to be joining Anglesey Mining as CEO at such a pivotal time for the Company and the Parys Mountain project. I very much enjoyed spending time at the mine with Andrew and former CEO Jo Battershill, meeting the Team and examining the latest exploration drill cores, and I’m looking forward to starting work and building on the exciting opportunities I see at Anglesey.”
The following information relating to Robert Hanning Marsden is disclosed pursuant to Schedule Two paragraph (g) of the AIM Rules for Companies:
Current directorships and/or partnerships
MarsdenGray Ltd. 9th September 2013 to present
Former directorships and/or partnerships (within the last five years)
- Lorenzo Investments Plc 2nd February 2021 to 24th October 2023
- NRR Group Pty Ltd. (Australian company) 13th October 2020 to 22nd March 2021
As at the date of this announcement, Mr. Marsden holds 251,103 Ordinary Shares in Anglesey. There are no further disclosures required under Schedule Two paragraph (g) of the AIM Rules for Companies.
For further information, please contact:
Anglesey Mining plc
Andrew King, Interim-Chairman – Tel: +44 (0)7825 963700
Jo Battershill, Non-Executive Director – Tel: +44 (0)7540 366000
Davy
Nominated Adviser & Joint Corporate Broker
Brian Garrahy / Daragh O’Reilly – Tel: +353 1 679 6363
WH Ireland
Joint Corporate Broker
Katy Mitchell / Harry Ansell – Tel: +44 (0) 207 220 1666
Brand Communications
Public & Investor Relations
Alan Green – Tel: +44 (0) 7976 431608
LEI: 213800X8BO8EK2B4HQ71
About Anglesey Mining plc:
Anglesey is traded on the AIM market of the London Stock Exchange and currently has 420,093,017 ordinary shares in issue.
Anglesey is developing the 100% owned Parys Mountain Cu-Zn-Pb-Ag-Au VMS deposit in North Wales, UK with a reported resource of 5.3 million tonnes at over 4.0% combined base metals in the Measured and Indicated categories and 10.8 million tonnes at over 2.5% combined base metals in the Inferred category.
Anglesey also holds a 49.75% interest in the Grängesberg iron ore project in Sweden and 12% of Labrador Iron Mines Holdings Limited, which through its 52% owned subsidiaries, is engaged in the exploration and development of direct shipping iron ore deposits in Labrador and Quebec
Anglesey Mining #AYM – Further drilling results confirm scale of Northern Copper Zone at Parys Mountain
Anglesey Mining plc (AIM:AYM), is pleased to announce that the assay results have been received for the recently completed drill hole NCZ002. Drill hole NCZ002 was the second hole to be completed from the infill drilling program of the Northern Copper Zone (NCZ) and Garth Daniel Zone (GDZ) at the Company’s Parys Mountain Cu-Zn-Pb-Ag-Au VMS project on the Isle of Anglesey in North West Wales.
Consistent with historical drilling, assays confirm that NCZ002 intersected a significant zone of mineralisation across the NCZ with 114m @ 1.0% CuEq (including internal dilution). Within the broad mineralised envelope, there are numerous higher-grade zones. These demonstrate good continuity with previous drilling results and further support the integrity of the geological model and drill targeting.
Key intersections within the broad zone of mineralisation are detailed below:
Northern Copper Zone – Hole NCZ002
- 0m @ 0.9% Cu, 0.09% Zn, 0.1% Pb, 4.2g/t Ag and 0.17g/t Au (1.0% CuEq) from a depth of 426m, including:
- 3m @ 2.6% Cu, 3.2g/t Ag and 0.86g/t Au (2.8% CuEq) from 426.0m
- 1m @ 0.9% Cu, 4.6g/t Ag and 0.11g/t Au (1.0% CuEq) from 448.3m, including:
- 4m @ 1.9% Cu, 0.26% Pb, 0.22% Zn, 13.2g/t Ag and 0.22g/t Au (2.1% CuEq)
- 0m @ 0.6% Cu, 3.1% Pb, 1.9% Zn, 47.9g/t Ag and 0.09g/t Au (2.0% CuEq / 7.1% ZnEq) from 483.0m
- 5m @ 2.2% Cu, 1.1% Pb, 0.3% Zn, 47.3g/t Ag and 0.14g/t Au (2.7% CuEq / 7.5% ZnEq) from 484.5m
- 4m @ 1.0% Cu, 0.16% Pb, 0.26% Zn, 4.4g/t Ag and 0.16g/t Au (1.1% CuEq / 3.1% ZnEq) from 486.6m
- 5m @ 1.4% Cu, 3.5g/t Ag and 0.44g/t Au (1.6% CuEq) from 508.5m, including:
- 0m @ 3.0% Cu, 6.3g/t Ag and 1.20g/t Au (3.4% CuEq) from 515m
***CuEq grades are based on recovery factors and commodity prices as detailed after the tabulated reported assays of this release***
The Company is targeting a resource update on the NCZ, with the aim of converting a significant portion of the Inferred Resource into the higher confidence Indicated category. Based on the Joint Ore Reserve Committee (JORC) guidelines, only Indicated and Measured category Mineral Resources can be converted into Ore Reserves.
Andrew King, Interim Chairman of Anglesey Mining, commented: “Once again, we are very excited to see the Parys Mountain project delivering some very strong drilling results. It is worth reminding investors that Parys Mountain is demonstrably the largest and most advanced copper project in the UK with substantial resource upside still evident. In addition, the project is favourably located on a previously permitted, brownfield development site with significant existing infrastructure already in place.“
“Both NCZ001 and NCZ002 have delivered some exceptional high-grade copper intersections, including 11m at 3.4% CuEq, 22m at 3.2% CuEq, 6.3m at 2.8% CuEq and 9.4m at 2.1% CuEq, within broad thicknesses of mineralisation up to 100m wide. The results continue to support our view that the Northern Copper Zone provides significant upside for the Parys Mountain project, over and above the 5 million tonne contribution included within the 2021 Preliminary Economic Assessment.
“The third drill hole, NCZ003, is currently at a depth of around 450 metres. The geological and drill targeting model anticipated the Northern Copper Zone to commence at a downhole depth of around 400 metres. Once again, the model has been validated by these latest results from NCZ002 and we look forward to providing a further update once drilling of NCZ003 is complete.”
Northern Copper Zone – Cross Section 4600mE
Section 4600mE below highlights the position of the recently completed drill hole NCZ002 and the up-dip position of NCZ003, which is currently being drilled.
The interpreted outline of the Northern Copper Zone in the cross-section does not imply an economic outcome, it simply highlights where sulphides have been identified within the Northern Shales. A significant number of the drill holes within this zone have returned consistent zones of higher-grade material, which is a key target of the current program. The recognition of a shear zone along the hanging wall of the Northern Copper Zone could imply a structural emplacement, or thickening of the sequence within the mine environment and will greatly assist with future targeting and drilling.
Importantly, every hole drilled into the interpreted position of the Northern Copper Zone has intersected broad zones of sulphides; and the current drilling is demonstrating the predictability of the mineralised zone from the detailed geological model that has been constructed and refined over several years.
The current drill hole, NCZ003, is targeting the up-dip area above historical hole H17A and could potentially provide additional information relating to the key lithology Rhyolite B, which included an intersection of 9.2m @ 2.7% CuEq in drill hole A15.
Northern Copper Zone – Cross Section 4800mE
Section 4800mE below highlights the position of drill hole NCZ001.
As per section 4600mE, this section also highlights the continuity of sulphide mineralisation across the Northern Copper Zone. With the completion of NCZ001, the Company has gained a greater understanding of the influence from Rhyolite B on the higher-grade zones of mineralisation.
Section 4800mE also highlights the potential related to the Central Zone with significant intersections from historical 1970’s drilling, including 3.8m @ 8,6% Cu and 6.7m @ 2.4% Cu. The Company believes potential exists for these intersections to link to the 22m @ 3.2 % CuEq (including 4.0m @ 5.2% Cu) in NCZ001.
Drill hole details:
| Hole ID | Co-ordinates
(E) (N) |
Elevation
(m) |
Azimuth
(°) |
Dip (°) | End of Hole (m) | |
| NCZ002 | 243818 | 390943 | 72.0 | 165 | -80 | 575 |
Reported Assays (results >0.5 CuEq in bold):
| Hole Number | From | To | Sample Length | Assays | |||||
| (m) | (m) | (m) | Cu
(%) |
Zn
(%) |
Pb
(%) |
Ag (g/t) | Au (g/t) | CuEq
(%)* |
|
| NCZ002 | 203.9 | 204.4 | 0.50 | 0.00 | 0.01 | 0.00 | 0.5 | 0.005 | 0.01% |
| NCZ002 | 215 | 215.5 | 0.50 | 0.02 | 0.01 | 0.00 | 0.5 | 0.008 | 0.03% |
| NCZ002 | 235 | 235.5 | 0.50 | 0.00 | 0.01 | 0.00 | 0.5 | 0.005 | 0.01% |
| NCZ002 | 243.2 | 243.7 | 0.50 | 0.00 | 0.01 | 0.00 | 0.5 | 0.005 | 0.01% |
| NCZ002 | 253.5 | 254 | 0.50 | 0.00 | 0.01 | 0.00 | 0.5 | 0.005 | 0.01% |
| NCZ002 | 256.3 | 256.8 | 0.50 | 0.00 | 0.01 | 0.00 | 0.5 | 0.005 | 0.01% |
| NCZ002 | 260.2 | 260.7 | 0.50 | 0.00 | 0.01 | 0.00 | 0.5 | 0.005 | 0.01% |
| NCZ002 | 261.7 | 262.2 | 0.50 | 0.00 | 0.01 | 0.00 | 0.5 | 0.005 | 0.01% |
| NCZ002 | 267.9 | 268.4 | 0.50 | 0.01 | 0.01 | 0.01 | 0.5 | 0.005 | 0.01% |
| NCZ002 | 273.4 | 273.9 | 0.50 | 0.00 | 0.01 | 0.00 | 0.5 | 0.025 | 0.02% |
| NCZ002 | 303.5 | 304 | 0.50 | 0.08 | 0.00 | 0.00 | 0.5 | 0.007 | 0.08% |
| NCZ002 | 348 | 348.5 | 0.50 | 0.00 | 0.00 | 0.00 | 0.5 | 0.005 | 0.01% |
| NCZ002 | 351.6 | 352.1 | 0.50 | 0.00 | 0.01 | 0.00 | 0.5 | 0.005 | 0.01% |
| NCZ002 | 368 | 369 | 1.00 | 0.02 | 0.01 | 0.01 | 1.0 | 0.33 | 0.16% |
| NCZ002 | 369 | 370 | 1.00 | 0.00 | 0.01 | 0.00 | 0.5 | 0.005 | 0.01% |
| NCZ002 | 370 | 371 | 1.00 | 0.00 | 0.01 | 0.00 | 0.5 | 0.005 | 0.01% |
| NCZ002 | 371 | 372 | 1.00 | 0.00 | 0.01 | 0.00 | 0.5 | 0.005 | 0.01% |
| NCZ002 | 372 | 373 | 1.00 | 0.00 | 0.01 | 0.00 | 0.5 | 0.005 | 0.01% |
| NCZ002 | 373 | 374 | 1.00 | 0.00 | 0.01 | 0.00 | 0.5 | 0.005 | 0.01% |
| NCZ002 | 374 | 375 | 1.00 | 0.00 | 0.01 | 0.00 | 0.5 | 0.005 | 0.01% |
| NCZ002 | 406 | 406.5 | 0.50 | 0.00 | 0.00 | 0.00 | 0.5 | 0.023 | 0.02% |
| NCZ002 | 410 | 410.5 | 0.50 | 0.12 | 0.01 | 0.01 | 0.5 | 0.066 | 0.14% |
| NCZ002 | 413.5 | 414 | 0.50 | 2.11 | 0.01 | 0.01 | 1.5 | 0.039 | 1.99% |
| NCZ002 | 415 | 416 | 1.00 | 0.00 | 0.00 | 0.00 | 0.5 | 0.01 | 0.01% |
| NCZ002 | 416 | 417 | 1.00 | 0.00 | 0.00 | 0.00 | 0.5 | 0.005 | 0.01% |
| NCZ002 | 417 | 418 | 1.00 | 0.12 | 0.01 | 0.00 | 0.5 | 0.006 | 0.12% |
| NCZ002 | 418 | 419 | 1.00 | 0.36 | 0.01 | 0.00 | 0.7 | 0.017 | 0.35% |
| NCZ002 | 419 | 420 | 1.00 | 0.11 | 0.01 | 0.00 | 0.5 | 0.008 | 0.11% |
| NCZ002 | 420 | 421 | 1.00 | 0.05 | 0.01 | 0.00 | 0.5 | 0.008 | 0.06% |
| NCZ002 | 421 | 422 | 1.00 | 0.54 | 0.00 | 0.00 | 1.0 | 0.071 | 0.54% |
| NCZ002 | 422 | 423 | 1.00 | 0.20 | 0.01 | 0.01 | 1.8 | 0.025 | 0.21% |
| NCZ002 | 423 | 424 | 1.00 | 0.12 | 0.01 | 0.00 | 0.6 | 0.01 | 0.12% |
| NCZ002 | 424 | 425 | 1.00 | 0.14 | 0.01 | 0.00 | 0.5 | 0.013 | 0.14% |
| NCZ002 | 425 | 426 | 1.00 | 0.41 | 0.04 | 0.01 | 1.2 | 0.022 | 0.41% |
| NCZ002 | 426 | 427 | 1.00 | 0.59 | 0.26 | 0.06 | 3.8 | 0.257 | 0.76% |
| NCZ002 | 427 | 428 | 1.00 | 3.24 | 0.01 | 0.01 | 3.0 | 0.272 | 3.15% |
| NCZ002 | 428 | 429 | 1.00 | 1.26 | 0.02 | 0.01 | 1.6 | 0.278 | 1.30% |
| NCZ002 | 429 | 430 | 1.00 | 2.26 | 0.01 | 0.01 | 2.6 | 1.215 | 2.61% |
| NCZ002 | 430 | 431 | 1.00 | 2.70 | 0.00 | 0.01 | 2.9 | 1.18 | 3.01% |
| NCZ002 | 431 | 431.6 | 0.60 | 6.18 | 0.01 | 0.01 | 5.4 | 1.15 | 6.25% |
| NCZ002 | 431.6 | 432.3 | 0.70 | 3.85 | 0.01 | 0.01 | 4.4 | 2.19 | 4.50% |
| NCZ002 | 433.7 | 434.3 | 0.60 | 0.19 | 0.01 | 0.00 | 0.5 | 0.023 | 0.19% |
| NCZ002 | 434.3 | 435 | 0.70 | 0.23 | 0.01 | 0.00 | 0.5 | 0.041 | 0.23% |
| NCZ002 | 435 | 436 | 1.00 | 0.20 | 0.01 | 0.01 | 0.6 | 0.071 | 0.22% |
| NCZ002 | 436 | 437 | 1.00 | 0.39 | 0.02 | 0.00 | 1.2 | 0.082 | 0.41% |
| NCZ002 | 437 | 438 | 1.00 | 0.65 | 0.01 | 0.00 | 1.3 | 0.341 | 0.75% |
| NCZ002 | 438 | 439 | 1.00 | 0.04 | 0.01 | 0.00 | 0.5 | 0.021 | 0.05% |
| NCZ002 | 439 | 440 | 1.00 | 0.16 | 0.01 | 0.00 | 0.5 | 0.012 | 0.16% |
| NCZ002 | 440 | 441 | 1.00 | 0.51 | 0.05 | 0.00 | 0.5 | 0.053 | 0.51% |
| NCZ002 | 441 | 442 | 1.00 | 0.64 | 0.01 | 0.00 | 0.7 | 0.136 | 0.66% |
| NCZ002 | 442 | 443 | 1.00 | 0.56 | 0.03 | 0.03 | 1.6 | 0.299 | 0.67% |
| NCZ002 | 443 | 444 | 1.00 | 0.33 | 0.01 | 0.01 | 0.5 | 0.124 | 0.36% |
| NCZ002 | 444 | 445 | 1.00 | 0.35 | 0.01 | 0.00 | 0.5 | 0.035 | 0.35% |
| NCZ002 | 445 | 446 | 1.00 | 0.24 | 0.01 | 0.00 | 1.2 | 0.051 | 0.25% |
| NCZ002 | 446 | 446.8 | 0.80 | 0.54 | 0.01 | 0.01 | 0.6 | 0.023 | 0.51% |
| NCZ002 | 447.5 | 448.3 | 0.80 | 0.07 | 0.01 | 0.00 | 0.7 | 0.019 | 0.08% |
| NCZ002 | 448.3 | 449 | 0.70 | 0.03 | 0.01 | 0.00 | 0.5 | 0.006 | 0.04% |
| NCZ002 | 449 | 450 | 1.00 | 0.17 | 0.01 | 0.00 | 0.5 | 0.028 | 0.17% |
| NCZ002 | 450 | 451 | 1.00 | 0.07 | 0.01 | 0.00 | 0.5 | 0.012 | 0.08% |
| NCZ002 | 451 | 452 | 1.00 | 0.07 | 0.01 | 0.00 | 0.5 | 0.012 | 0.08% |
| NCZ002 | 452 | 453 | 1.00 | 0.39 | 0.01 | 0.00 | 0.5 | 0.029 | 0.38% |
| NCZ002 | 453 | 454 | 1.00 | 0.50 | 0.01 | 0.00 | 0.5 | 0.014 | 0.48% |
| NCZ002 | 454 | 455 | 1.00 | 0.46 | 0.05 | 0.03 | 2.6 | 0.173 | 0.53% |
| NCZ002 | 455 | 456 | 1.00 | 0.07 | 0.01 | 0.01 | 0.5 | 0.017 | 0.08% |
| NCZ002 | 456 | 457 | 1.00 | 0.07 | 0.01 | 0.02 | 0.5 | 0.015 | 0.08% |
| NCZ002 | 457 | 458 | 1.00 | 0.78 | 0.04 | 0.03 | 2.4 | 0.113 | 0.80% |
| NCZ002 | 458 | 459 | 1.00 | 0.43 | 0.01 | 0.03 | 1.0 | 0.041 | 0.43% |
| NCZ002 | 459 | 460 | 1.00 | 4.24 | 0.01 | 0.01 | 3.5 | 0.027 | 3.98% |
| NCZ002 | 460 | 461 | 1.00 | 0.05 | 0.01 | 0.01 | 0.6 | 0.045 | 0.07% |
| NCZ002 | 461 | 462 | 1.00 | 0.49 | 0.01 | 0.03 | 2.3 | 0.151 | 0.54% |
| NCZ002 | 462 | 463 | 1.00 | 0.41 | 0.01 | 0.01 | 1.3 | 0.11 | 0.44% |
| NCZ002 | 463 | 464 | 1.00 | 0.10 | 0.01 | 0.01 | 0.6 | 0.063 | 0.13% |
| NCZ002 | 464 | 465 | 1.00 | 0.69 | 0.01 | 0.01 | 0.8 | 0.037 | 0.66% |
| NCZ002 | 465 | 466 | 1.00 | 1.43 | 0.01 | 0.02 | 2.6 | 0.143 | 1.41% |
| NCZ002 | 466 | 467 | 1.00 | 0.15 | 0.01 | 0.01 | 1.3 | 0.043 | 0.17% |
| NCZ002 | 467 | 468 | 1.00 | 0.22 | 0.01 | 0.01 | 1.1 | 0.06 | 0.24% |
| NCZ002 | 468 | 469 | 1.00 | 0.74 | 0.01 | 0.02 | 1.9 | 0.135 | 0.76% |
| NCZ002 | 469 | 470 | 1.00 | 0.48 | 0.01 | 0.03 | 2.8 | 0.122 | 0.52% |
| NCZ002 | 470 | 471 | 1.00 | 0.27 | 0.00 | 0.01 | 0.8 | 0.071 | 0.29% |
| NCZ002 | 471 | 472 | 1.00 | 0.13 | 0.01 | 0.01 | 0.5 | 0.036 | 0.14% |
| NCZ002 | 472 | 473 | 1.00 | 0.32 | 0.01 | 0.01 | 1.1 | 0.057 | 0.33% |
| NCZ002 | 473 | 474 | 1.00 | 2.82 | 0.72 | 1.26 | 25.8 | 0.11 | 3.27% |
| NCZ002 | 474 | 475 | 1.00 | 2.90 | 0.01 | 0.03 | 5.6 | 0.312 | 2.87% |
| NCZ002 | 475 | 476 | 1.00 | 3.29 | 0.10 | 0.08 | 11.2 | 0.591 | 3.41% |
| NCZ002 | 476 | 477 | 1.00 | 2.47 | 0.68 | 0.57 | 40.9 | 0.248 | 2.95% |
| NCZ002 | 477 | 478 | 1.00 | 2.70 | 0.06 | 0.25 | 19.9 | 0.193 | 2.78% |
| NCZ002 | 478 | 479 | 1.00 | 1.25 | 0.02 | 0.05 | 4.8 | 0.153 | 1.26% |
| NCZ002 | 479 | 480 | 1.00 | 0.73 | 0.13 | 0.07 | 4.8 | 0.142 | 0.81% |
| NCZ002 | 480 | 481 | 1.00 | 0.65 | 0.37 | 0.10 | 7.3 | 0.081 | 0.81% |
| NCZ002 | 481 | 482 | 1.00 | 0.76 | 0.01 | 0.02 | 3.2 | 0.186 | 0.81% |
| NCZ002 | 482 | 482.4 | 0.40 | 0.74 | 0.01 | 0.03 | 2.0 | 0.046 | 0.73% |
| NCZ002 | 483 | 483.95 | 0.95 | 0.57 | 1.87 | 3.09 | 47.9 | 0.093 | 1.98% |
| NCZ002 | 484.5 | 485 | 0.50 | 2.16 | 0.25 | 1.14 | 47.3 | 0.137 | 2.64% |
| NCZ002 | 486.6 | 487 | 0.40 | 1.92 | 0.72 | 0.64 | 16.1 | 0.128 | 2.26% |
| NCZ002 | 487 | 488 | 1.00 | 0.65 | 0.68 | 0.32 | 3.9 | 0.156 | 0.95% |
| NCZ002 | 488 | 489 | 1.00 | 1.63 | 0.06 | 0.05 | 4.5 | 0.091 | 1.61% |
| NCZ002 | 489 | 490 | 1.00 | 0.43 | 0.02 | 0.03 | 2.4 | 0.039 | 0.44% |
| NCZ002 | 490 | 491 | 1.00 | 0.72 | 0.08 | 0.06 | 2.3 | 0.362 | 0.87% |
| NCZ002 | 491 | 492 | 1.00 | 0.20 | 0.01 | 0.01 | 1.4 | 0.068 | 0.23% |
| NCZ002 | 492 | 493 | 1.00 | 0.02 | 0.00 | 0.00 | 0.5 | 0.005 | 0.03% |
| NCZ002 | 493 | 494 | 1.00 | 0.05 | 0.25 | 0.13 | 0.9 | 0.023 | 0.16% |
| NCZ002 | 494 | 495 | 1.00 | 0.05 | 0.01 | 0.00 | 0.5 | 0.007 | 0.06% |
| NCZ002 | 495 | 496 | 1.00 | 0.03 | 0.00 | 0.00 | 0.5 | 0.008 | 0.04% |
| NCZ002 | 496 | 497 | 1.00 | 0.01 | 0.00 | 0.00 | 0.5 | 0.005 | 0.01% |
| NCZ002 | 497 | 498 | 1.00 | 0.01 | 0.01 | 0.00 | 0.5 | 0.005 | 0.02% |
| NCZ002 | 498 | 499 | 1.00 | 0.02 | 0.00 | 0.00 | 0.5 | 0.011 | 0.03% |
| NCZ002 | 499 | 500 | 1.00 | 0.01 | 0.00 | 0.00 | 0.5 | 0.007 | 0.02% |
| NCZ002 | 500 | 501 | 1.00 | 0.09 | 0.01 | 0.00 | 0.8 | 0.013 | 0.10% |
| NCZ002 | 501 | 502 | 1.00 | 0.11 | 0.21 | 0.36 | 1.3 | 0.065 | 0.26% |
| NCZ002 | 502 | 503 | 1.00 | 0.01 | 0.00 | 0.00 | 0.5 | 0.009 | 0.02% |
| NCZ002 | 508.5 | 509 | 0.50 | 1.23 | 0.01 | 0.01 | 11.4 | 0.22 | 1.31% |
| NCZ002 | 509 | 510 | 1.00 | 0.22 | 0.00 | 0.00 | 0.7 | 0.037 | 0.23% |
| NCZ002 | 510 | 511 | 1.00 | 0.61 | 0.00 | 0.01 | 1.1 | 0.078 | 0.61% |
| NCZ002 | 511 | 512 | 1.00 | 0.23 | 0.01 | 0.01 | 0.9 | 0.025 | 0.23% |
| NCZ002 | 512 | 513 | 1.00 | 0.32 | 0.01 | 0.03 | 2.1 | 0.014 | 0.33% |
| NCZ002 | 513 | 514 | 1.00 | 0.35 | 0.06 | 0.03 | 1.3 | 0.027 | 0.37% |
| NCZ002 | 514 | 515 | 1.00 | 0.83 | 0.04 | 0.03 | 1.6 | 0.051 | 0.82% |
| NCZ002 | 515 | 516 | 1.00 | 1.32 | 0.28 | 0.11 | 4.6 | 0.825 | 1.69% |
| NCZ002 | 516 | 517 | 1.00 | 1.97 | 0.02 | 0.01 | 4.4 | 2.24 | 2.78% |
| NCZ002 | 517 | 518 | 1.00 | 1.34 | 0.12 | 0.06 | 5.1 | 0.554 | 1.55% |
| NCZ002 | 518 | 519 | 1.00 | 4.06 | 0.83 | 0.61 | 11.0 | 5.06 | 6.25% |
| NCZ002 | 519 | 520 | 1.00 | 4.60 | 0.07 | 0.02 | 7.9 | 2.21 | 5.25% |
| NCZ002 | 520 | 521 | 1.00 | 1.53 | 0.01 | 0.00 | 3.1 | 0.407 | 1.61% |
| NCZ002 | 521 | 522 | 1.00 | 5.00 | 0.10 | 0.01 | 8.7 | 1.17 | 5.21% |
| NCZ002 | 522 | 523 | 1.00 | 6.57 | 0.02 | 0.02 | 11.0 | 0.438 | 6.37% |
| NCZ002 | 523 | 524 | 1.00 | 0.83 | 0.06 | 0.07 | 2.5 | 0.071 | 0.85% |
| NCZ002 | 524 | 525 | 1.00 | 4.13 | 0.04 | 0.01 | 7.8 | 0.179 | 3.97% |
| NCZ002 | 525 | 526 | 1.00 | 1.12 | 0.10 | 0.04 | 3.1 | 0.049 | 1.12% |
| NCZ002 | 526 | 527 | 1.00 | 0.03 | 0.01 | 0.00 | 0.5 | 0.008 | 0.04% |
| NCZ002 | 527 | 528 | 1.00 | 0.12 | 0.14 | 0.04 | 0.5 | 0.006 | 0.16% |
| NCZ002 | 528 | 529 | 1.00 | 0.06 | 0.06 | 0.07 | 0.6 | 0.008 | 0.09% |
| NCZ002 | 529 | 530 | 1.00 | 1.43 | 0.13 | 0.10 | 6.0 | 0.042 | 1.44% |
| NCZ002 | 530 | 531 | 1.00 | 0.21 | 0.01 | 0.00 | 0.7 | 0.027 | 0.21% |
| NCZ002 | 531 | 532 | 1.00 | 0.25 | 0.02 | 0.01 | 0.7 | 0.021 | 0.25% |
| NCZ002 | 532 | 533 | 1.00 | 0.18 | 0.01 | 0.00 | 1.0 | 0.041 | 0.20% |
| NCZ002 | 533 | 534 | 1.00 | 0.70 | 0.01 | 0.00 | 1.8 | 0.042 | 0.68% |
| NCZ002 | 534 | 535 | 1.00 | 0.56 | 0.01 | 0.00 | 1.4 | 0.026 | 0.54% |
| NCZ002 | 535 | 536 | 1.00 | 0.37 | 0.02 | 0.00 | 0.5 | 0.011 | 0.36% |
| NCZ002 | 536 | 537 | 1.00 | 1.01 | 0.05 | 0.08 | 4.0 | 0.032 | 1.00% |
| NCZ002 | 537 | 538 | 1.00 | 0.32 | 0.00 | 0.00 | 0.8 | 0.022 | 0.32% |
| NCZ002 | 538 | 539 | 1.00 | 2.35 | 0.02 | 0.01 | 5.5 | 0.045 | 2.25% |
| NCZ002 | 539 | 540 | 1.00 | 1.61 | 0.17 | 0.03 | 4.1 | 0.033 | 1.59% |
| NCZ002 | 540 | 541 | 1.00 | 0.15 | 0.04 | 0.00 | 0.5 | 0.012 | 0.16% |
| NCZ002 | 541 | 542 | 1.00 | 0.21 | 0.01 | 0.00 | 0.5 | 0.007 | 0.21% |
| NCZ002 | 542 | 543 | 1.00 | 0.16 | 0.01 | 0.00 | 0.6 | 0.029 | 0.17% |
| NCZ002 | 543 | 544 | 1.00 | 0.03 | 0.01 | 0.00 | 0.5 | 0.006 | 0.04% |
| NCZ002 | 544 | 545 | 1.00 | 0.04 | 0.02 | 0.00 | 0.5 | 0.018 | 0.06% |
| NCZ002 | 545 | 546 | 1.00 | 0.21 | 0.01 | 0.02 | 0.6 | 0.018 | 0.22% |
| NCZ002 | 546 | 547 | 1.00 | 0.34 | 0.06 | 0.04 | 1.1 | 0.02 | 0.36% |
| NCZ002 | 547 | 548 | 1.00 | 0.09 | 0.02 | 0.00 | 0.5 | 0.012 | 0.10% |
| NCZ002 | 548 | 549 | 1.00 | 0.19 | 0.01 | 0.00 | 0.7 | 0.016 | 0.19% |
| NCZ002 | 549 | 550 | 1.00 | 0.28 | 0.00 | 0.00 | 0.6 | 0.014 | 0.27% |
| NCZ002 | 550 | 551 | 1.00 | 0.13 | 0.01 | 0.00 | 0.7 | 0.029 | 0.14% |
| NCZ002 | 551 | 552 | 1.00 | 0.03 | 0.01 | 0.16 | 1.0 | 0.011 | 0.07% |
| NCZ002 | 552 | 553 | 1.00 | 0.01 | 0.01 | 0.00 | 0.5 | 0.005 | 0.01% |
| NCZ002 | 553 | 554 | 1.00 | 0.05 | 0.01 | 0.02 | 0.7 | 0.005 | 0.05% |
| NCZ002 | 554 | 555 | 1.00 | 0.02 | 0.05 | 0.03 | 0.5 | 0.005 | 0.04% |
| NCZ002 | 555 | 556 | 1.00 | 0.08 | 0.02 | 0.00 | 0.7 | 0.041 | 0.10% |
| NCZ002 | 563.7 | 564.2 | 0.50 | 0.02 | 0.01 | 0.00 | 0.5 | 0.008 | 0.03% |
| NCZ002 | 566 | 566.5 | 0.50 | 0.02 | 0.01 | 0.00 | 0.5 | 0.005 | 0.02% |
| NCZ002 | 570.5 | 571 | 0.50 | 0.02 | 0.01 | 0.01 | 0.5 | 0.005 | 0.03% |
| NCZ002 | 571 | 571.5 | 0.50 | 0.07 | 0.05 | 0.02 | 0.5 | 0.009 | 0.09% |
| NCZ002 | 571.5 | 572 | 0.50 | 0.14 | 0.61 | 0.10 | 1.1 | 0.027 | 0.34% |
| NCZ002 | 572 | 572.5 | 0.50 | 0.22 | 0.01 | 0.02 | 1.5 | 0.032 | 0.23% |
| NCZ002 | 572.5 | 573 | 0.50 | 0.02 | 0.00 | 0.00 | 0.5 | 0.005 | 0.02% |
| Total | 149.15 | ||||||||
* Copper Equivalent (CuEq %) = Cu grade % * Cu Recovery + (Zn grade % * Zn Recovery * (Zn price $/t /Cu price $/t)) + (Pb grade % * Pb Recovery * (Pb price $/t /Cu price $/t)) + (Ag grade g/t / 31.103 * Ag recovery * (Ag price $/oz /Cu price $/t)) + (Au grade g/t / 31.103 * Au recovery * (Au price $/oz /Cu price $/t))
Cu Equivalent calculated using following commodity prices: Zn – US$3350/t, Cu – US$9523/t, Pb – US$2292/t, Ag – US$25.50/oz and
Au – US$1850/oz
Cu Equivalent calculated using following recovery assumptions for Northern Copper Zone: Zn – 82%, Cu – 93%, Pb – 78%, Ag – 72% and Au – 65%
Sample analysis and QA/QC
All samples generated from the drilling were dispatched to ALS Loughrea, Ireland.
Samples were assayed for multi-element data analysis using their ME-ICP61 package, which includes Ag, Cu, Pb and Zn. The samples were also assayed for gold using their Au-AA23 analysis package. Overlimit assays were then analysed using their Ag-OG62, Cu-OG62, Pb-OG62, Zn-OG62 and ME-OG62 analysis packages.
For QA/QC purposes, Anglesey Mining used the industry standard of inserting 5% Certified Reference Material (CRM) samples, 2.5% Certified Blank Samples (Blanks) and 5% duplicate samples at source. The CRMs were sourced from OREAS Australia.
Competent Person
The information in this announcement which relates to Drilling Results has been approved by Mrs. Liz de Klerk, M.Sc., Pr.Sci.Nat., FIMMM who is a professional registered with the South African Council for Natural Scientific Professionals (SACNASP: 400090/08) and independent consultant to the Company. Mrs. de Klerk is the Senior Geologist & Managing Director of Micon International Co Limited and has over 20 continuous years of exploration and mining experience in a variety of mineral deposit styles. Mrs. de Klerk has sufficient experience which is relevant to the style of exploration, mineralisation and type of deposit under consideration and to the activity which she is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the “Australasian Code for reporting of Exploration Results, Exploration Targets, Mineral Resources and Ore Reserves” (JORC Code). Mrs. de Klerk consents to inclusion in the announcement of the matters based on this information in the form and context in which it appears.
About Anglesey Mining plc:
Anglesey is traded on the AIM market of the London Stock Exchange and currently has 420,093,017 ordinary shares in issue.
Anglesey is developing the 100% owned Parys Mountain Cu-Zn-Pb-Ag-Au VMS deposit in North Wales, UK with a reported resource of 5.3 million tonnes at over 4.0% combined base metals in the Measured and Indicated categories and 10.8 million tonnes at over 2.5% combined base metals in the Inferred category. Anglesey also holds a 49.75% interest in the Grängesberg iron ore project in Sweden and 12% of Labrador Iron Mines Holdings Limited, which through its 52% owned subsidiaries, is engaged in the exploration and development of direct shipping iron ore deposits in Labrador and Quebec.
For further information, please contact:
Anglesey Mining plc
Andrew King, Interim-Chairman – Tel: +44 (0)7825 963700
Jo Battershill, Non-Executive Director – Tel: +44 (0)7540 366000
Davy
Nominated Adviser & Joint Corporate Broker
Brian Garrahy / Daragh O’Reilly – Tel: +353 1 679 6363
WH Ireland
Joint Corporate Broker
Katy Mitchell / Harry Ansell – Tel: +44 (0) 207 220 1666
Brand Communications
Public & Investor Relations
Alan Green – Tel: +44 (0) 7976 431608
Anglesey Mining #AYM – Northern Copper Zone Drilling Update – Broad Zone of Sulphides Intersected in Hole NCZ002
Anglesey Mining plc (AIM:AYM), is pleased to provide an update on the Northern Copper Zone (‘NCZ’) Mineral Resource delineation drilling program at the Parys Mountain Cu-Zn-Pb-Ag-Au VMS project on the Isle of Anglesey in NW Wales.
The 2023/2024 exploration drilling campaign has been designed to verify the reliability of historical drill holes and infill gaps in the drilling that will be used to update the Parys Mountain Mineral Resource Estimate.
Drill hole NCZ002 was recently completed with a 107m (apparent thickness) zone of visible sulphides identified between 413m – 520m downhole. The hole was designed as an infill hole between two pierce points from the previous drilling programme undertaken at the site in the 1970s that intersected broad zones of mineralisation – 91m grading 0.9% copper equivalent (‘CuEq’) and 75m grading 0.8% CuEq – both of which reported higher grade zones including 43m grading 1.2% CuEq and 26m grading 1.3% CuEq.
Samples from NCZ002 were dispatched to the ALS laboratory in Ireland on 16th February and the results are expected within a few weeks. Based on the encouraging intersection of visible sulphides and the promising assay results from NCZ001 (as detailed in the announcement released by the Company on 19th January 2024), it is anticipated that the assay results will confirm the continuity of the Cu-Zn-Pb-Ag-Au mineralisation at Parys Mountain. Drilling of the third drill hole in this latest programme, NCZ003, has commenced with 200m drilled to date.
Key takeaways from the drilling results so far include:
– Further verification of the existing Parys Mountain geological model.
– Significant high-grade widths of polymetallic mineralisation identified along the contact with the Garth Daniel Zone.
– Intersect of 22m grading 3.2% CuEq1 recently reported from NCZ001 represents a significant potential upside to the current resource estimate.
Andrew King, Interim Chairman of Anglesey Mining plc, commented: “On behalf of Anglesey management and the field team, I am delighted to report that ongoing drilling of the Northern Copper Zone is confirming that Parys Mountain has a significant zone of copper dominant mineralisation within an area 600 to 700 metres along strike and 300 to 400m downdip. Widths of mineralisation appear to be averaging over 20 metres in this zone with copper equivalent grades of between 1.0 – 1.3%.”
“The positive verification and infill drilling of the Northern Copper Zone completed so far is a key element to advancing the project through future development studies and ultimately providing sufficient data on which to base a decision to mine. Current management has always believed the Northern Copper Zone to be much more significant than the current resource numbers implied, and the first two drill holes of this program are encouraging in supporting that view.”
“We look forward to reporting back with the assay results from NCZ002 and the drilling results of NCZ003 in due course, along with further detail on the potential upside to the current Parys Mountain resource estimate.”
1Copper Equivalent (CuEq %) = Cu grade % * Cu Recovery + (Zn grade % * Zn Recovery * (Zn price $/t /Cu price $/t)) + (Pb grade % * Pb Recovery * (Pb price $/t /Cu price $/t)) + (Ag grade g/t / 31.103 * Ag recovery * (Ag price $/oz /Cu price $/t)) + (Au grade g/t / 31.103 * Au recovery * (Au price $/oz /Cu price $/t))
Commodity prices: Zn – US$3350/t, Cu – US$9523/t, Pb – US$2292/t, Ag – US$25.50/oz and Au – US$1850/oz
Recovery assumptions for Northern Copper Zone: Zn – 82%, Cu – 93%, Pb – 78%, Ag – 72% and Au -65%
Competent Person:
The information in this announcement which relates to Drilling Results has been approved by Mrs. Liz de Klerk, M.Sc., Pr.Sci.Nat., FIMMM who is a professional registered with the South African Council for Natural Scientific Professionals (SACNASP: 400090/08) and independent consultant to the Company. Mrs. de Klerk is the Senior Geologist & Managing Director of Micon International Co Limited and has over 20 continuous years of exploration and mining experience in a variety of mineral deposit styles. Mrs. de Klerk has sufficient experience which is relevant to the style of exploration, mineralisation and type of deposit under consideration and to the activity which she is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the “Australasian Code for reporting of Exploration Results, Exploration Targets, Mineral Resources and Ore Reserves” (JORC Code). Mrs. de Klerk consents to inclusion in the announcement of the matters based on this information in the form and context in which it appears.
About Anglesey Mining plc:
Anglesey is traded on the AIM market of the London Stock Exchange and currently has 420,093,017 ordinary shares in issue.
Anglesey is developing the 100% owned Parys Mountain Cu-Zn-Pb-Ag-Au VMS deposit in North Wales, UK with a reported resource of 5.3 million tonnes at over 4.0% combined base metals in the Measured and Indicated categories and 10.8 million tonnes at over 2.5% combined base metals in the Inferred category. Anglesey also holds a 49.75% interest in the Grängesberg iron ore project in Sweden and 12% of Labrador Iron Mines Holdings Limited, which through its 52% owned subsidiaries, is engaged in the exploration and development of direct shipping iron ore deposits in Labrador and Quebec.
For further information, please contact:
Anglesey Mining plc
Andrew King, Interim-Chairman – Tel: +44 (0)7825 963700
Jo Battershill, Non-Executive Director – Tel: +44 (0)7540 366000
Davy
Nominated Adviser & Joint Corporate Broker
Brian Garrahy / Daragh O’Reilly – Tel: +353 1 679 6363
WH Ireland
Joint Corporate Broker
Katy Mitchell / Harry Ansell – Tel: +44 (0) 207 220 1666
Brand Communications
Public & Investor Relations
Alan Green – Tel: +44 (0) 7976 431608
Anglesey Mining #AYM – Parys Mountain drilling returns strong assays including 22.0m at 3.7% CuEq
Anglesey Mining plc (AIM:AYM), is pleased to announce that the assay results have been received from the recently completed drill hole NCZ001. Drill hole NCZ001 is the first hole from the infill drilling program of the Northern Copper and Garth Daniel Zones at the Company’s Parys Mountain Cu-Zn-Pb-Ag-Au VMS project on the Isle of Anglesey in north-west Wales.
Drill hole NCZ001 was designed to provide a repeat of the historical drill hole H34, drilled in the early 1970’s, which intersected three mineralised zones that bulked out to 146 metres at 1.2% copper equivalent (CuEq). Due to the deviation of NCZ001, the intersection encountered is estimated to be approximately 75 metres up-dip from the H34 intersection and provides a valuable infill pierce point.
Garth Daniel Zone – Hole NCZ001
-
- 22.0m @ 2.3% Cu, 2.8% Zn, 1.3% Pb, 5.0g/t Ag and 0.03g/t Au (3.7% CuEq / 9.2% ZnEq) from a depth of 559m, including
- 4.0m @ 5.2% Cu, 5.0g/t Ag and 0.03g/t Au (4.9% CuEq) from 569m; and,
- 6.0m @ 2.5% Cu, 9.9% Zn, 4.7% Pb, 10g/t Ag and 0.1g/t Au (6.1% CuEq / 17.4% ZnEq) from 575m
- 22.0m @ 2.3% Cu, 2.8% Zn, 1.3% Pb, 5.0g/t Ag and 0.03g/t Au (3.7% CuEq / 9.2% ZnEq) from a depth of 559m, including
Northern Copper Zone – Hole NCZ001
Significant intersections include:
-
- 11.0m @ 0.6% Cu, 1.4% Zn, 0.5% Pb, 9.0g/t Ag and 0.4g/t Au (1.3% CuEq / 3.6% ZnEq) from a depth of 503m including
- 4.0m at 1.1% Cu, 2.7% Zn, 1.0% Pb, 16g/t Ag and 0.7g/t Au (2.4% CuEq / 6.9% ZnEq) from 510m
- 63.0m @ 0.6% Cu, 0.06% Zn, 0.03% Pb, 3g/t Ag and 0.2g/t Au (0.7% CuEq) from a depth of 362m including
- 16.0m @ 0.9% Cu, 0.05% Zn, 0.02% Pb, 3g/t Ag and 0.2g/t Au (1.0% CuEq) from 382m
- 7.0m @ 1.3% Cu, 0.11% Zn, 0.05% Pb, 5.5g/t Ag and 0.2g/t Au (1.3% CuEq) from 404m
- 13.0m @ 0.5% Cu, 0.05% Zn, 0.01% Pb, 2g/t Ag and 0.1g/t Au (0.5% CuEq) from a depth of 455m
- 11.0m @ 0.6% Cu, 1.4% Zn, 0.5% Pb, 9.0g/t Ag and 0.4g/t Au (1.3% CuEq / 3.6% ZnEq) from a depth of 503m including
***CuEq and ZnEq grades are based on recovery factors and commodity prices as detailed on page 9 of this release***
Andrew King, Interim Chairman of Anglesey Mining, commented: “We are very encouraged by the broad widths encountered across both the Garth Daniel and Northern Copper Zones in NCZ001. In particular, we are excited to see the significant intersection within the Garth Daniel Zone. The 22-metre intersection grading 3.7% copper equivalent we believe continues to demonstrate the prospectivity of the Parys Mountain mineralised system.”
“Infill drilling of these mineralised zones will play a crucial role in the development studies for Parys Mountain. The primary target for this program is to provide additional pierce points to enable the current Inferred resources to be upgraded to the Indicated category. The second drill hole, NCZ002, is currently at a depth of around 360 metres with the Northern Copper Zone target estimated to commence at a downhole depth of around 420 metres”.
Drill hole details
| Hole ID | Co-ordinates
(E) (N) |
Elevation
(m) |
Azimuth
(°) |
Dip (°) | End of Hole (m) | |
| NCZ001 | 244008 | 390981 | 78.3 | 165 | -75 | 635 |
Reported Assays (results >0.5 CuEq in bold)
| Hole Number | From | To | Sample Length | Assays | |||||
| (m) | (m) | (m) | Cu
(%) |
Zn
(%) |
Pb
(%) |
Ag (g/t) | Au (g/tt) | CuEq
(%)* |
|
| NCZ001 | 77.5 | 78 | 0.50 | 0.27 | 0.19 | 0.16 | 3.3 | <0.005 | 0.36% |
| NCZ001 | 83.4 | 83.9 | 0.50 | 0.03 | 0.01 | 0.00 | <0.5 | <0.005 | 0.03% |
| NCZ001 | 98.6 | 99.1 | 0.50 | 0.08 | 0.01 | 0.00 | <0.5 | <0.005 | 0.08% |
| NCZ001 | 99.1 | 99.6 | 0.50 | 0.02 | 0.01 | 0.00 | <0.5 | <0.005 | 0.02% |
| NCZ001 | 99.6 | 100.1 | 0.50 | 0.02 | 0.00 | 0.00 | <0.5 | <0.005 | 0.02% |
| NCZ001 | 100.1 | 100.6 | 0.50 | 0.02 | 0.01 | 0.00 | <0.5 | <0.005 | 0.02% |
| NCZ001 | 100.6 | 101.1 | 0.50 | 0.03 | 0.00 | 0.00 | <0.5 | <0.005 | 0.03% |
| NCZ001 | 101.1 | 101.6 | 0.50 | 0.56 | 0.22 | 0.13 | 9.6 | <0.005 | 0.66% |
| NCZ001 | 101.6 | 102 | 0.40 | 0.12 | 0.32 | 0.06 | 2.9 | <0.005 | 0.23% |
| NCZ001 | 102 | 102.5 | 0.50 | 0.02 | 0.02 | 0.05 | <0.50 | <0.005 | 0.03% |
| NCZ001 | 102.5 | 103 | 0.50 | 0.32 | 0.02 | 0.03 | 3.4 | <0.005 | 0.33% |
| NCZ001 | 131 | 131.5 | 0.50 | 0.02 | 0.01 | 0.00 | <0.5 | <0.005 | 0.02% |
| NCZ001 | 132.5 | 133 | 0.50 | 0.00 | 0.01 | 0.00 | <0.5 | <0.005 | 0.01% |
| NCZ001 | 139 | 139.5 | 0.50 | 0.01 | 0.02 | 0.01 | <0.5 | <0.005 | 0.01% |
| NCZ001 | 243.65 | 244.15 | 0.50 | 0.00 | 0.27 | 0.05 | <0.5 | <0.005 | 0.09% |
| NCZ001 | 267.8 | 268.3 | 0.50 | 0.01 | 0.70 | 0.07 | <0.5 | <0.005 | 0.22% |
| NCZ001 | 303.9 | 304.4 | 0.50 | 0.01 | 0.03 | 0.01 | 1.2 | <0.005 | 0.03% |
| NCZ001 | 304.4 | 304.9 | 0.50 | 0.00 | 0.01 | 0.00 | <0.5 | <0.005 | 0.01% |
| NCZ001 | 304.9 | 305.4 | 0.50 | 0.07 | 0.01 | 0.00 | 1.0 | <0.005 | 0.08% |
| NCZ001 | 305.4 | 305.9 | 0.50 | 0.01 | 0.01 | 0.00 | <0.5 | <0.005 | 0.01% |
| NCZ001 | 305.9 | 306.4 | 0.50 | 0.00 | 0.01 | 0.00 | <0.5 | <0.005 | 0.00% |
| NCZ001 | 318.45 | 318.95 | 0.50 | 0.00 | 0.00 | 0.00 | <0.5 | <0.005 | 0.00% |
| NCZ001 | 327.15 | 327.65 | 0.50 | 0.01 | 0.59 | 0.02 | <0.5 | <0.005 | 0.18% |
| NCZ001 | 351 | 352 | 1.00 | 0.00 | 0.00 | 0.00 | <0.5 | <0.005 | 0.00% |
| NCZ001 | 352 | 353 | 1.00 | 0.00 | 0.00 | 0.00 | <0.5 | <0.005 | 0.00% |
| NCZ001 | 353 | 354 | 1.00 | 0.00 | 0.00 | 0.00 | <0.5 | <0.005 | 0.00% |
| NCZ001 | 354 | 355 | 1.00 | 0.02 | 0.00 | 0.00 | <0.5 | <0.005 | 0.02% |
| NCZ001 | 355 | 356 | 1.00 | 0.01 | 0.00 | 0.00 | <0.5 | 0.01 | 0.01% |
| NCZ001 | 356 | 357 | 1.00 | 0.00 | 0.00 | 0.00 | <0.5 | <0.005 | 0.00% |
| NCZ001 | 357 | 358 | 1.00 | 0.00 | 0.00 | 0.00 | <0.5 | <0.005 | 0.00% |
| NCZ001 | 358 | 359 | 1.00 | 0.00 | 0.00 | 0.00 | <0.5 | <0.005 | 0.00% |
| NCZ001 | 359 | 360 | 1.00 | 0.03 | 0.01 | 0.00 | <0.5 | 0.02 | 0.04% |
| NCZ001 | 360 | 361 | 1.00 | 0.00 | 0.01 | 0.00 | <0.5 | <0.005 | 0.00% |
| NCZ001 | 361 | 362 | 1.00 | 0.27 | 0.01 | 0.00 | <0.5 | 0.025 | 0.26% |
| NCZ001 | 362 | 363 | 1.00 | 0.98 | 0.01 | 0.01 | 1.7 | 0.223 | 1.02% |
| NCZ001 | 363 | 364 | 1.00 | 0.49 | 0.00 | 0.01 | 0.9 | 0.142 | 0.52% |
| NCZ001 | 364 | 365 | 1.00 | 1.04 | 0.00 | 0.04 | 6.5 | 0.119 | 1.06% |
| NCZ001 | 365 | 366 | 1.00 | 1.38 | 0.00 | 0.01 | 3.1 | 0.621 | 1.56% |
| NCZ001 | 366 | 367 | 1.00 | 0.15 | 0.02 | 0.00 | <0.5 | 0.03 | 0.15% |
| NCZ001 | 367 | 368 | 1.00 | 0.35 | 0.01 | 0.00 | 0.8 | 0.068 | 0.36% |
| NCZ001 | 368 | 369 | 1.00 | 0.78 | 0.03 | 0.01 | 1.7 | 0.31 | 0.87% |
| NCZ001 | 369 | 370 | 1.00 | 0.57 | 0.01 | 0.00 | 0.8 | 0.23 | 0.63% |
| NCZ001 | 370 | 371 | 1.00 | 0.16 | 0.01 | 0.00 | <0.5 | 0.024 | 0.16% |
| NCZ001 | 371 | 372 | 1.00 | 0.15 | 0.01 | 0.01 | <0.5 | 0.024 | 0.16% |
| NCZ001 | 372 | 373 | 1.00 | 0.11 | 0.01 | 0.00 | <0.5 | 0.127 | 0.16% |
| NCZ001 | 373 | 374 | 1.00 | 0.56 | 0.00 | 0.01 | 1.5 | 0.464 | 0.73% |
| NCZ001 | 374 | 375 | 1.00 | 0.45 | 0.01 | 0.01 | 1.6 | 0.22 | 0.52% |
| NCZ001 | 375 | 376 | 1.00 | 0.40 | 0.01 | 0.01 | 1.2 | 0.376 | 0.54% |
| NCZ001 | 376 | 377 | 1.00 | 0.59 | 0.02 | 0.01 | 1.5 | 0.221 | 0.65% |
| NCZ001 | 377 | 378 | 1.00 | 0.12 | 0.01 | 0.00 | <0.5 | 0.031 | 0.12% |
| NCZ001 | 378 | 379 | 1.00 | 0.08 | 0.00 | 0.00 | 0.7 | 0.048 | 0.10% |
| NCZ001 | 379 | 380 | 1.00 | 1.58 | 0.02 | 0.03 | 5.6 | 1.19 | 1.99% |
| NCZ001 | 380 | 381 | 1.00 | 0.09 | 0.01 | 0.01 | 0.5 | 0.115 | 0.14% |
| NCZ001 | 381 | 382 | 1.00 | 0.03 | 0.03 | 0.00 | <0.5 | 0.051 | 0.06% |
| NCZ001 | 382 | 383 | 1.00 | 0.73 | 0.08 | 0.02 | 1.9 | 0.219 | 0.81% |
| NCZ001 | 383 | 384 | 1.00 | 0.95 | 0.04 | 0.05 | 4.3 | 0.953 | 1.31% |
| NCZ001 | 384 | 385 | 1.00 | 2.01 | 0.02 | 0.02 | 3.4 | 0.04 | 1.91% |
| NCZ001 | 385 | 386 | 1.00 | 0.31 | 0.03 | 0.01 | 0.8 | 0.037 | 0.32% |
| NCZ001 | 386 | 387 | 1.00 | 0.75 | 0.11 | 0.03 | 1.6 | 0.056 | 0.76% |
| NCZ001 | 387 | 388 | 1.00 | 0.06 | 0.02 | 0.00 | 0.5 | 0.01 | 0.07% |
| NCZ001 | 388 | 389 | 1.00 | 0.84 | 0.04 | 0.01 | 1.5 | 0.04 | 0.82% |
| NCZ001 | 389 | 390 | 1.00 | 1.14 | 0.03 | 0.02 | 3.3 | 0.159 | 1.15% |
| NCZ001 | 390 | 391 | 1.00 | 0.21 | 0.04 | 0.01 | 1.1 | 0.07 | 0.24% |
| NCZ001 | 391 | 392 | 1.00 | 0.94 | 0.02 | 0.01 | 2.6 | 0.094 | 0.94% |
| NCZ001 | 392 | 393 | 1.00 | 1.76 | 0.03 | 0.04 | 9.6 | 0.419 | 1.88% |
| NCZ001 | 393 | 394 | 1.00 | 0.85 | 0.04 | 0.01 | 2.6 | 0.115 | 0.86% |
| NCZ001 | 394 | 395 | 1.00 | 1.45 | 0.26 | 0.04 | 4.2 | 0.127 | 1.51% |
| NCZ001 | 395 | 396 | 1.00 | 1.07 | 0.02 | 0.01 | 2.6 | 0.137 | 1.07% |
| NCZ001 | 396 | 397 | 1.00 | 0.17 | 0.01 | 0.02 | 2.3 | 0.124 | 0.23% |
| NCZ001 | 397 | 398 | 1.00 | 0.60 | 0.01 | 0.00 | 1.3 | 0.088 | 0.61% |
| NCZ001 | 398 | 399 | 1.00 | 0.14 | 0.01 | 0.00 | 1.8 | 0.132 | 0.19% |
| NCZ001 | 399 | 400 | 1.00 | 0.13 | 0.62 | 0.23 | 3.6 | 0.232 | 0.46% |
| NCZ001 | 400 | 401 | 1.00 | 0.20 | 0.07 | 0.03 | 2.9 | 0.133 | 0.28% |
| NCZ001 | 401 | 402 | 1.00 | 0.28 | 0.02 | 0.03 | 3.5 | 0.157 | 0.36% |
| NCZ001 | 402 | 403 | 1.00 | 0.19 | 0.04 | 0.09 | 3.4 | 0.099 | 0.27% |
| NCZ001 | 403 | 404 | 1.00 | 0.07 | 0.02 | 0.02 | 2.1 | 0.235 | 0.19% |
| NCZ001 | 404 | 405 | 1.00 | 0.66 | 0.06 | 0.04 | 3.2 | 0.31 | 0.78% |
| NCZ001 | 405 | 406 | 1.00 | 1.73 | 0.01 | 0.01 | 4.0 | 0.305 | 1.76% |
| NCZ001 | 406 | 407 | 1.00 | 1.80 | 0.01 | 0.04 | 5.8 | 0.052 | 1.74% |
| NCZ001 | 407 | 408 | 1.00 | 0.97 | 0.01 | 0.01 | 1.9 | 0.057 | 0.94% |
| NCZ001 | 408 | 409 | 1.00 | 1.35 | 0.37 | 0.16 | 8.7 | 0.226 | 1.53% |
| NCZ001 | 409 | 410 | 1.00 | 1.53 | 0.02 | 0.04 | 7.3 | 0.142 | 1.54% |
| NCZ001 | 410 | 411 | 1.00 | 0.98 | 0.30 | 0.08 | 7.4 | 0.255 | 1.16% |
| NCZ001 | 411 | 412 | 1.00 | 0.20 | 0.13 | 0.07 | 2.9 | 0.101 | 0.30% |
| NCZ001 | 412 | 413 | 1.00 | 0.45 | 0.40 | 0.10 | 4.0 | 0.192 | 0.65% |
| NCZ001 | 413 | 414 | 1.00 | 0.10 | 0.04 | 0.02 | 1.7 | 0.139 | 0.17% |
| NCZ001 | 414 | 415 | 1.00 | 0.21 | 0.02 | 0.02 | 2.6 | 0.113 | 0.27% |
| NCZ001 | 415 | 416 | 1.00 | 0.26 | 0.25 | 0.07 | 2.8 | 0.092 | 0.38% |
| NCZ001 | 416 | 417 | 1.00 | 0.33 | 0.03 | 0.01 | 1.1 | 0.005 | 0.33% |
| NCZ001 | 417 | 418 | 1.00 | 0.67 | 0.04 | 0.01 | 2.5 | 0.014 | 0.66% |
| NCZ001 | 418 | 419 | 1.00 | 0.60 | 0.03 | 0.01 | 2.2 | 0.013 | 0.58% |
| NCZ001 | 419 | 420 | 1.00 | 0.52 | 0.16 | 0.03 | 2.7 | 0.031 | 0.56% |
| NCZ001 | 420 | 421 | 1.00 | 0.38 | 0.06 | 0.02 | 2.9 | 0.019 | 0.40% |
| NCZ001 | 421 | 422 | 1.00 | 0.20 | 0.03 | 0.01 | 1.5 | 0.012 | 0.21% |
| NCZ001 | 422 | 423 | 1.00 | 0.46 | 0.06 | 0.01 | 2.2 | 0.011 | 0.46% |
| NCZ001 | 423 | 424 | 1.00 | 0.28 | 0.04 | 0.01 | 1.8 | 0.022 | 0.29% |
| NCZ001 | 424 | 425 | 1.00 | 0.52 | 0.04 | 0.01 | 2.2 | 0.044 | 0.53% |
| NCZ001 | 425 | 426 | 1.00 | 0.01 | 0.01 | 0.01 | <0.5 | <0.005 | 0.01% |
| NCZ001 | 426 | 427 | 1.00 | 0.01 | 0.01 | 0.01 | <0.5 | <0.005 | 0.02% |
| NCZ001 | 427 | 428 | 1.00 | 0.03 | 0.05 | 0.01 | 0.5 | 0.007 | 0.05% |
| NCZ001 | 428 | 429 | 1.00 | 0.32 | 0.04 | 0.01 | 1.4 | 0.019 | 0.33% |
| NCZ001 | 429 | 430 | 1.00 | 0.06 | 0.01 | 0.00 | <0.5 | 0.007 | 0.06% |
| NCZ001 | 430 | 431 | 1.00 | 0.01 | 0.01 | 0.00 | <0.5 | <0.005 | 0.02% |
| NCZ001 | 431 | 432 | 1.00 | 0.01 | 0.03 | 0.00 | <0.5 | <0.005 | 0.02% |
| NCZ001 | 432 | 433 | 1.00 | 0.65 | 0.03 | 0.01 | 1.5 | 0.012 | 0.63% |
| NCZ001 | 433 | 434 | 1.00 | 0.08 | 0.01 | 0.00 | <0.5 | 0.005 | 0.08% |
| NCZ001 | 434 | 435 | 1.00 | 0.04 | 0.01 | 0.00 | <0.5 | 0.007 | 0.04% |
| NCZ001 | 435 | 436 | 1.00 | 0.00 | 0.02 | 0.00 | <0.5 | <0.005 | 0.01% |
| NCZ001 | 436 | 437 | 1.00 | 0.00 | 0.01 | 0.00 | <0.5 | <0.005 | 0.01% |
| NCZ001 | 437 | 438 | 1.00 | 0.01 | 0.01 | 0.00 | <0.5 | <0.005 | 0.01% |
| NCZ001 | 438 | 439 | 1.00 | 0.00 | 0.01 | 0.00 | <0.5 | 0.007 | 0.01% |
| NCZ001 | 439 | 440 | 1.00 | 0.03 | 0.06 | 0.00 | 1.0 | 0.005 | 0.05% |
| NCZ001 | 440 | 441 | 1.00 | 0.00 | 0.05 | 0.02 | <0.5 | 0.007 | 0.02% |
| NCZ001 | 441 | 442 | 1.00 | 0.00 | 0.01 | 0.00 | <0.5 | <0.005 | 0.00% |
| NCZ001 | 442 | 443 | 1.00 | 0.01 | 0.02 | 0.00 | <0.5 | <0.005 | 0.02% |
| NCZ001 | 443 | 444 | 1.00 | 0.00 | 0.03 | 0.00 | <0.5 | 0.005 | 0.01% |
| NCZ001 | 444 | 445 | 1.00 | 0.04 | 0.04 | 0.01 | 0.7 | 0.031 | 0.07% |
| NCZ001 | 445 | 446 | 1.00 | 0.23 | 0.07 | 0.03 | 2.6 | 0.061 | 0.28% |
| NCZ001 | 446 | 447 | 1.00 | 0.15 | 0.17 | 0.17 | 4.7 | 0.112 | 0.29% |
| NCZ001 | 447 | 448 | 1.00 | 0.32 | 0.33 | 0.15 | 3.9 | 0.179 | 0.52% |
| NCZ001 | 448 | 449 | 1.00 | 0.00 | 0.02 | 0.00 | <0.5 | <0.005 | 0.01% |
| NCZ001 | 449 | 450 | 1.00 | 0.08 | 0.03 | 0.00 | <0.5 | <0.005 | 0.09% |
| NCZ001 | 450 | 451 | 1.00 | 0.00 | 0.01 | 0.00 | <0.5 | <0.005 | 0.00% |
| NCZ001 | 451 | 452 | 1.00 | 0.18 | 0.01 | 0.00 | <0.5 | <0.005 | 0.17% |
| NCZ001 | 452 | 453 | 1.00 | 0.10 | 0.02 | 0.00 | <0.5 | 0.007 | 0.10% |
| NCZ001 | 453 | 454 | 1.00 | 0.19 | 0.05 | 0.01 | 0.9 | 0.048 | 0.22% |
| NCZ001 | 454 | 455 | 1.00 | 0.02 | 0.07 | 0.00 | 0.5 | 0.043 | 0.06% |
| NCZ001 | 455 | 456 | 1.00 | 0.55 | 0.06 | 0.01 | 2.3 | 0.077 | 0.57% |
| NCZ001 | 456 | 457 | 1.00 | 0.35 | 0.02 | 0.00 | 0.9 | 0.028 | 0.35% |
| NCZ001 | 457 | 458 | 1.00 | 0.75 | 0.02 | 0.01 | 1.7 | 0.02 | 0.72% |
| NCZ001 | 458 | 459 | 1.00 | 0.18 | 0.05 | 0.02 | 2.3 | 0.067 | 0.23% |
| NCZ001 | 459 | 460 | 1.00 | 0.06 | 0.02 | 0.01 | 1.9 | 0.077 | 0.11% |
| NCZ001 | 460 | 461 | 1.00 | 0.13 | 0.02 | 0.00 | 0.9 | 0.063 | 0.16% |
| NCZ001 | 461 | 462 | 1.00 | 0.50 | 0.04 | 0.02 | 3.9 | 0.224 | 0.59% |
| NCZ001 | 462 | 463 | 1.00 | 0.47 | 0.03 | 0.02 | 3.0 | 0.173 | 0.54% |
| NCZ001 | 463 | 464 | 1.00 | 0.17 | 0.02 | 0.01 | 2.1 | 0.163 | 0.25% |
| NCZ001 | 464 | 465 | 1.00 | 0.86 | 0.02 | 0.02 | 3.8 | 0.218 | 0.92% |
| NCZ001 | 465 | 466 | 1.00 | 0.70 | 0.07 | 0.02 | 3.0 | 0.126 | 0.74% |
| NCZ001 | 466 | 467 | 1.00 | 0.71 | 0.19 | 0.02 | 2.3 | 0.103 | 0.78% |
| NCZ001 | 467 | 468 | 1.00 | 0.55 | 0.06 | 0.02 | 1.9 | 0.065 | 0.57% |
| NCZ001 | 468 | 469 | 1.00 | 0.20 | 0.07 | 0.02 | 2.5 | 0.125 | 0.28% |
| NCZ001 | 469 | 470 | 1.00 | 0.09 | 0.11 | 0.02 | 2.7 | 0.106 | 0.18% |
| NCZ001 | 470 | 471 | 1.00 | 0.19 | 0.05 | 0.01 | 1.1 | 0.007 | 0.21% |
| NCZ001 | 471 | 472 | 1.00 | 0.16 | 0.03 | 0.01 | 1.8 | 0.039 | 0.19% |
| NCZ001 | 472 | 473 | 1.00 | 0.07 | 0.10 | 0.03 | 2.1 | 0.021 | 0.12% |
| NCZ001 | 473 | 474 | 1.00 | 0.19 | 0.09 | 0.04 | 3.4 | 0.119 | 0.28% |
| NCZ001 | 474 | 475 | 1.00 | 0.38 | 0.13 | 0.04 | 2.2 | 0.063 | 0.43% |
| NCZ001 | 475 | 476 | 1.00 | 0.18 | 0.08 | 0.01 | 1.5 | 0.037 | 0.22% |
| NCZ001 | 476 | 477 | 1.00 | 0.07 | 0.03 | 0.00 | <0.5 | 0.011 | 0.08% |
| NCZ001 | 477 | 478 | 1.00 | 0.20 | 0.03 | 0.01 | 1.1 | 0.017 | 0.21% |
| NCZ001 | 478 | 479 | 1.00 | 0.08 | 0.04 | 0.01 | 0.5 | <0.005 | 0.09% |
| NCZ001 | 479 | 480 | 1.00 | 0.03 | 0.02 | 0.01 | <0.5 | 0.007 | 0.04% |
| NCZ001 | 480 | 481 | 1.00 | 0.01 | 0.03 | 0.00 | <0.5 | <0.005 | 0.01% |
| NCZ001 | 481 | 482 | 1.00 | 0.01 | 0.04 | 0.01 | 0.8 | 0.007 | 0.03% |
| NCZ001 | 482 | 483 | 1.00 | 0.03 | 0.04 | 0.05 | 0.8 | 0.042 | 0.07% |
| NCZ001 | 483 | 484 | 1.00 | 0.09 | 0.08 | 0.06 | 1.3 | 0.015 | 0.14% |
| NCZ001 | 484 | 485 | 1.00 | 0.06 | 0.01 | 0.00 | <0.5 | 0.011 | 0.07% |
| NCZ001 | 485 | 486 | 1.00 | 0.13 | 0.55 | 0.30 | 1.7 | 0.019 | 0.36% |
| NCZ001 | 486 | 487 | 1.00 | 0.05 | 0.06 | 0.01 | 0.7 | 0.026 | 0.09% |
| NCZ001 | 487 | 488 | 1.00 | 0.01 | 0.01 | 0.01 | <0.5 | 0.036 | 0.03% |
| NCZ001 | 488 | 489 | 1.00 | 0.01 | 0.10 | 0.17 | 0.7 | 0.029 | 0.09% |
| NCZ001 | 489 | 490 | 1.00 | 0.05 | 0.01 | 0.00 | 0.6 | 0.03 | 0.07% |
| NCZ001 | 490 | 491 | 1.00 | 0.00 | 0.03 | 0.00 | <0.5 | 0.009 | 0.02% |
| NCZ001 | 491 | 492 | 1.00 | 0.10 | 0.04 | 0.01 | 0.7 | 0.019 | 0.12% |
| NCZ001 | 492 | 493 | 1.00 | 0.00 | 0.04 | 0.02 | 0.6 | 0.019 | 0.03% |
| NCZ001 | 493 | 494 | 1.00 | 0.08 | 2.10 | 0.75 | 3.4 | 0.022 | 0.85% |
| NCZ001 | 494 | 495 | 1.00 | 0.01 | 0.01 | 0.00 | <0.5 | <0.005 | 0.01% |
| NCZ001 | 495 | 496 | 1.00 | 0.01 | 0.02 | 0.00 | <0.5 | 0.005 | 0.02% |
| NCZ001 | 496 | 497 | 1.00 | 0.03 | 0.01 | 0.01 | 0.5 | 0.072 | 0.07% |
| NCZ001 | 497 | 498 | 1.00 | 0.24 | 0.03 | 0.02 | 2.1 | 0.188 | 0.33% |
| NCZ001 | 498 | 499 | 1.00 | 0.20 | 0.04 | 0.03 | 1.3 | 0.052 | 0.23% |
| NCZ001 | 499 | 500 | 1.00 | 0.06 | 0.01 | 0.01 | 0.5 | 0.016 | 0.07% |
| NCZ001 | 500 | 501 | 1.00 | 0.12 | 0.02 | 0.01 | 0.6 | 0.021 | 0.13% |
| NCZ001 | 501 | 502 | 1.00 | 0.11 | 0.07 | 0.02 | 1.6 | 0.093 | 0.17% |
| NCZ001 | 502 | 503 | 1.00 | 0.08 | 0.34 | 0.08 | 2.2 | 0.096 | 0.24% |
| NCZ001 | 503 | 504 | 1.00 | 0.23 | 0.69 | 0.12 | 4.2 | 0.127 | 0.51% |
| NCZ001 | 504 | 505 | 1.00 | 0.11 | 0.81 | 0.13 | 5.3 | 0.187 | 0.47% |
| NCZ001 | 505 | 506 | 1.00 | 0.22 | 0.57 | 0.08 | 9.5 | 0.266 | 0.55% |
| NCZ001 | 506 | 507 | 1.00 | 0.64 | 0.20 | 0.02 | 4.3 | 0.19 | 0.76% |
| NCZ001 | 507 | 508 | 1.00 | 0.23 | 0.38 | 0.06 | 4.1 | 0.216 | 0.45% |
| NCZ001 | 508 | 509 | 1.00 | 0.22 | 0.54 | 0.12 | 6.2 | 0.235 | 0.52% |
| NCZ001 | 509 | 510 | 1.00 | 0.27 | 1.11 | 0.24 | 5.8 | 0.266 | 0.76% |
| NCZ001 | 510 | 511 | 1.00 | 0.41 | 1.28 | 0.37 | 8.1 | 0.425 | 1.04% |
| NCZ001 | 511 | 512 | 1.00 | 1.19 | 7.34 | 3.19 | 21.3 | 0.782 | 4.27% |
| NCZ001 | 512 | 513 | 1.00 | 2.50 | 2.07 | 0.54 | 30.2 | 1.41 | 3.78% |
| NCZ001 | 513 | 514 | 1.00 | 0.45 | 0.06 | 0.07 | 3.3 | 0.082 | 0.51% |
| NCZ001 | 514 | 515 | 1.00 | 0.01 | 0.01 | 0.00 | <0.5 | 0.008 | 0.02% |
| NCZ001 | 515 | 516 | 1.00 | 0.01 | 0.01 | 0.00 | <0.5 | <0.005 | 0.01% |
| NCZ001 | 516 | 517 | 1.00 | 0.14 | 0.07 | 0.06 | 0.6 | 0.006 | 0.17% |
| NCZ001 | 517 | 518 | 1.00 | 0.05 | 0.22 | 0.03 | 0.7 | 0.016 | 0.12% |
| NCZ001 | 518 | 519 | 1.00 | 0.02 | 0.06 | 0.02 | 0.6 | 0.01 | 0.05% |
| NCZ001 | 519 | 520 | 1.00 | 0.07 | 0.01 | 0.00 | <0.5 | 0.006 | 0.07% |
| NCZ001 | 520 | 521 | 1.00 | 0.02 | 0.01 | 0.00 | <0.5 | 0.006 | 0.03% |
| NCZ001 | 521 | 522 | 1.00 | 0.01 | 0.01 | 0.00 | <0.5 | 0.005 | 0.01% |
| NCZ001 | 522 | 523 | 1.00 | 1.80 | 0.03 | 0.05 | 5.6 | 0.029 | 1.74% |
| NCZ001 | 523 | 524 | 1.00 | 0.00 | 0.01 | 0.00 | <0.5 | <0.005 | 0.01% |
| NCZ001 | 524 | 525 | 1.00 | 0.00 | 0.01 | 0.00 | <0.5 | <0.005 | 0.00% |
| NCZ001 | 525 | 526 | 1.00 | 0.21 | 0.02 | 0.01 | 1.0 | 0.011 | 0.22% |
| NCZ001 | 526 | 527 | 1.00 | 1.23 | 0.02 | 0.01 | 4.3 | 0.022 | 1.18% |
| NCZ001 | 527 | 528 | 1.00 | 0.21 | 0.04 | 0.02 | 1.8 | 0.041 | 0.24% |
| NCZ001 | 528 | 529 | 1.00 | 0.01 | 0.08 | 0.16 | 1.1 | 0.011 | 0.08% |
| NCZ001 | 529 | 530 | 1.00 | 0.28 | 0.02 | 0.02 | 1.0 | 0.008 | 0.28% |
| NCZ001 | 530 | 531 | 1.00 | 0.01 | 0.05 | 0.01 | <0.5 | 0.29 | 0.14% |
| NCZ001 | 531 | 532 | 1.00 | 0.01 | 0.01 | 0.00 | <0.5 | <0.005 | 0.01% |
| NCZ001 | 532 | 533 | 1.00 | 0.01 | 0.01 | 0.00 | <0.5 | 0.005 | 0.01% |
| NCZ001 | 533 | 534 | 1.00 | 0.01 | 0.35 | 0.59 | 4.5 | 0.021 | 0.25% |
| NCZ001 | 534 | 535 | 1.00 | 0.00 | 0.01 | 0.01 | <0.5 | 0.005 | 0.01% |
| NCZ001 | 535 | 536 | 1.00 | 0.00 | 0.01 | 0.00 | <0.5 | 0.013 | 0.01% |
| NCZ001 | 536 | 537 | 1.00 | 0.06 | 0.01 | 0.00 | <0.5 | <0.005 | 0.06% |
| NCZ001 | 537 | 538 | 1.00 | 0.24 | 0.11 | 0.02 | 0.7 | 0.027 | 0.28% |
| NCZ001 | 538 | 539 | 1.00 | 0.00 | 0.02 | 0.00 | <0.5 | 0.02 | 0.02% |
| NCZ001 | 539 | 540 | 1.00 | 0.04 | 0.01 | 0.01 | 0.8 | 0.032 | 0.06% |
| NCZ001 | 540 | 541 | 1.00 | 0.01 | 0.01 | 0.00 | <0.5 | <0.005 | 0.01% |
| NCZ001 | 541 | 542 | 1.00 | 0.01 | 0.01 | 0.00 | <0.5 | <0.005 | 0.01% |
| NCZ001 | 542 | 543 | 1.00 | 0.02 | 0.01 | 0.00 | <0.5 | <0.005 | 0.02% |
| NCZ001 | 543 | 544 | 1.00 | 0.06 | 0.01 | 0.00 | <0.5 | <0.005 | 0.06% |
| NCZ001 | 544 | 545 | 1.00 | 0.00 | 0.01 | 0.00 | <0.5 | <0.005 | 0.01% |
| NCZ001 | 545 | 546 | 1.00 | 0.00 | 0.01 | 0.00 | <0.5 | <0.005 | 0.01% |
| NCZ001 | 546 | 547 | 1.00 | 0.00 | 0.03 | 0.01 | <0.5 | <0.005 | 0.01% |
| NCZ001 | 547 | 548 | 1.00 | 0.07 | 0.02 | 0.01 | 0.7 | <0.005 | 0.08% |
| NCZ001 | 548 | 549 | 1.00 | 0.04 | 0.02 | 0.00 | <0.5 | <0.005 | 0.04% |
| NCZ001 | 549 | 550 | 1.00 | 0.04 | 0.01 | 0.00 | <0.5 | <0.005 | 0.04% |
| NCZ001 | 550 | 551 | 1.00 | 0.10 | 0.01 | 0.00 | <0.5 | <0.005 | 0.10% |
| NCZ001 | 551 | 552 | 1.00 | 0.00 | 0.01 | 0.00 | <0.5 | <0.005 | 0.00% |
| NCZ001 | 552 | 553 | 1.00 | 0.10 | 0.02 | 0.01 | 1.1 | <0.005 | 0.11% |
| NCZ001 | 553 | 554 | 1.00 | 0.21 | 0.01 | 0.01 | 2.0 | <0.005 | 0.22% |
| NCZ001 | 554 | 555 | 1.00 | 0.08 | 0.01 | 0.00 | <0.5 | <0.005 | 0.08% |
| NCZ001 | 555 | 556 | 1.00 | 0.48 | 0.01 | 0.01 | 1.4 | <0.005 | 0.46% |
| NCZ001 | 556 | 557 | 1.00 | 0.29 | 0.01 | 0.00 | 0.6 | <0.005 | 0.28% |
| NCZ001 | 557 | 558 | 1.00 | 0.00 | 0.01 | 0.00 | <0.5 | <0.005 | 0.01% |
| NCZ001 | 558 | 559 | 1.00 | 0.13 | 0.04 | 0.04 | <0.5 | <0.005 | 0.14% |
| NCZ001 | 559 | 560 | 1.00 | 1.82 | 0.02 | 0.01 | 2.8 | <0.005 | 1.71% |
| NCZ001 | 560 | 561 | 1.00 | 0.32 | 0.01 | 0.00 | <0.5 | 0.009 | 0.31% |
| NCZ001 | 561 | 562 | 1.00 | 0.49 | 0.02 | 0.01 | 1.7 | 0.02 | 0.48% |
| NCZ001 | 562 | 563 | 1.00 | 1.98 | 0.03 | 0.01 | 3.7 | 0.021 | 1.88% |
| NCZ001 | 563 | 564 | 1.00 | 2.77 | 0.02 | 0.01 | 3.3 | 0.023 | 2.61% |
| NCZ001 | 564 | 565 | 1.00 | 3.43 | 0.02 | 0.01 | 4.0 | 0.045 | 3.24% |
| NCZ001 | 565 | 566 | 1.00 | 1.02 | 0.02 | 0.01 | 1.8 | 0.016 | 0.97% |
| NCZ001 | 566 | 567 | 1.00 | 0.35 | 0.03 | 0.01 | 1.3 | 0.015 | 0.35% |
| NCZ001 | 567 | 568 | 1.00 | 0.02 | 0.02 | 0.01 | 0.5 | 0.01 | 0.04% |
| NCZ001 | 568 | 569 | 1.00 | 0.37 | 0.06 | 0.02 | 1.4 | 0.031 | 0.39% |
| NCZ001 | 569 | 570 | 1.00 | 5.83 | 0.04 | 0.04 | 5.6 | 0.042 | 5.49% |
| NCZ001 | 570 | 571 | 1.00 | 6.81 | 0.02 | 0.00 | 6.4 | 0.033 | 6.39% |
| NCZ001 | 571 | 572 | 1.00 | 2.82 | 0.01 | 0.00 | 2.4 | 0.018 | 2.65% |
| NCZ001 | 572 | 573 | 1.00 | 5.46 | 0.01 | 0.00 | 4.8 | 0.026 | 5.12% |
| NCZ001 | 573 | 574 | 1.00 | 1.21 | 2.08 | 0.84 | 3.1 | 0.029 | 1.91% |
| NCZ001 | 574 | 575 | 1.00 | 0.77 | 0.02 | 0.02 | 1.0 | 0.008 | 0.73% |
| NCZ001 | 575 | 576 | 1.00 | 1.95 | 1.90 | 0.68 | 3.6 | 0.022 | 2.52% |
| NCZ001 | 576 | 577 | 1.00 | 2.34 | 11.35 | 4.67 | 14.5 | 0.141 | 6.47% |
| NCZ001 | 577 | 578 | 1.00 | 3.29 | 4.19 | 1.67 | 8.6 | 0.207 | 4.72% |
| NCZ001 | 578 | 579 | 1.00 | 2.44 | 14.50 | 6.51 | 11.4 | 0.083 | 7.78% |
| NCZ001 | 579 | 580 | 1.00 | 3.27 | 18.45 | 9.66 | 13.3 | 0.075 | 10.29% |
| NCZ001 | 580 | 581 | 1.00 | 1.45 | 8.70 | 5.08 | 5.8 | 0.036 | 4.86% |
| NCZ001 | 581 | 582 | 1.00 | 0.03 | 0.04 | 0.02 | 0.7 | 0.01 | 0.05% |
| NCZ001 | 582 | 583 | 1.00 | 0.01 | 0.04 | 0.02 | 0.6 | 0.008 | 0.03% |
| NCZ001 | 583 | 584 | 1.00 | 0.01 | 0.02 | 0.00 | <0.5 | 0.005 | 0.02% |
| NCZ001 | 584 | 585 | 1.00 | 0.02 | 0.02 | 0.00 | <0.5 | 0.013 | 0.03% |
| NCZ001 | 585 | 586 | 1.00 | 0.40 | 2.43 | 1.42 | 7.7 | 0.012 | 1.40% |
| NCZ001 | 586 | 587 | 1.00 | 0.00 | 0.01 | 0.00 | <0.5 | <0.005 | 0.01% |
| NCZ001 | 587 | 588 | 1.00 | 0.00 | 0.01 | 0.00 | <0.5 | <0.005 | 0.00% |
| NCZ001 | 588 | 589 | 1.00 | 0.00 | 0.01 | 0.00 | <0.5 | <0.005 | 0.00% |
| NCZ001 | 589 | 590 | 1.00 | 0.01 | 0.01 | 0.00 | <0.5 | <0.005 | 0.01% |
| NCZ001 | 590 | 591 | 1.00 | 0.00 | 0.02 | 0.01 | <0.5 | <0.005 | 0.01% |
| NCZ001 | 591 | 592 | 1.00 | 0.00 | 0.00 | 0.00 | <0.5 | <0.005 | 0.00% |
| NCZ001 | 592 | 593 | 1.00 | 0.00 | 0.01 | 0.00 | <0.5 | <0.005 | 0.01% |
| NCZ001 | 593 | 594 | 1.00 | 0.00 | 0.02 | 0.00 | <0.5 | <0.005 | 0.01% |
| NCZ001 | 594 | 595 | 1.00 | 0.00 | 0.02 | 0.00 | <0.5 | <0.005 | 0.01% |
| NCZ001 | 595 | 596 | 1.00 | 0.00 | 0.02 | 0.00 | <0.5 | <0.005 | 0.01% |
| NCZ001 | 596 | 597 | 1.00 | 0.00 | 0.02 | 0.00 | <0.5 | <0.005 | 0.01% |
| NCZ001 | 597 | 598 | 1.00 | 0.00 | 0.02 | 0.00 | <0.5 | <0.005 | 0.01% |
| NCZ001 | 598 | 599 | 1.00 | 0.00 | 0.02 | 0.00 | <0.5 | <0.005 | 0.01% |
| NCZ001 | 599 | 600 | 1.00 | 0.00 | 0.02 | 0.00 | <0.5 | <0.005 | 0.00% |
| NCZ001 | 600 | 601 | 1.00 | 0.00 | 0.01 | 0.00 | <0.5 | <0.005 | 0.00% |
| NCZ001 | 601 | 602 | 1.00 | 0.00 | 0.02 | 0.00 | <0.5 | <0.005 | 0.00% |
| NCZ001 | 602 | 603 | 1.00 | 0.00 | 0.01 | 0.00 | <0.5 | <0.005 | 0.00% |
| NCZ001 | 603 | 604 | 1.00 | 0.00 | 0.01 | 0.00 | <0.5 | <0.005 | 0.00% |
| NCZ001 | 604 | 605 | 1.00 | 0.01 | 0.02 | 0.00 | <0.5 | <0.005 | 0.01% |
| NCZ001 | 605 | 606 | 1.00 | 0.00 | 0.02 | 0.00 | <0.5 | <0.005 | 0.01% |
| NCZ001 | 606 | 607 | 1.00 | 0.01 | 0.01 | 0.00 | <0.5 | <0.005 | 0.01% |
| NCZ001 | 607 | 608 | 1.00 | 0.16 | 0.01 | 0.00 | <0.5 | <0.005 | 0.15% |
| NCZ001 | 608 | 609 | 1.00 | 0.01 | 0.01 | 0.00 | <0.5 | <0.005 | 0.01% |
| NCZ001 | 609 | 610 | 1.00 | 0.00 | 0.02 | 0.00 | <0.5 | <0.005 | 0.01% |
| NCZ001 | 610 | 611 | 1.00 | 0.10 | 0.02 | 0.00 | <0.5 | <0.005 | 0.10% |
| NCZ001 | 611 | 612 | 1.00 | 0.33 | 0.02 | 0.00 | <0.5 | <0.005 | 0.31% |
| NCZ001 | 612 | 613 | 1.00 | 0.58 | 0.03 | 0.02 | 0.5 | <0.005 | 0.55% |
| NCZ001 | 613 | 614 | 1.00 | 0.54 | 0.02 | 0.01 | <0.5 | <0.005 | 0.51% |
| NCZ001 | 614 | 615 | 1.00 | 0.04 | 0.01 | 0.00 | <0.5 | <0.005 | 0.04% |
| NCZ001 | 615 | 616 | 1.00 | 0.05 | 0.00 | 0.00 | <0.5 | <0.005 | 0.04% |
| Total | 276.40 | ||||||||
* Copper Equivalent (CuEq %) = Cu grade % * Cu Recovery + (Zn grade % * Zn Recovery * (Zn price $/t /Cu price $/t)) + (Pb grade % * Pb Recovery * (Pb price $/t /Cu price $/t)) + (Ag grade g/t / 31.103 * Ag recovery * (Ag price $/oz /Cu price $/t)) + (Au grade g/t / 31.103 * Au recovery * (Au price $/oz /Cu price $/t))
Zn equivalent calculated using following commodity prices: Zn – US$3350/t, Cu – US$9523/t, Pb – US$2292/t, Ag – US$25.50/oz & Au – US$1850/oz
Zn Equivalent calculated using following recovery assumptions for Northern Copper Zone: Zn – 82%, Cu – 93%, Pb – 78%, Ag – 72% & Au -65%
Sample analysis and QA/QC
All samples generated from the drilling were dispatched to ALS Loughrea, Ireland.
Samples were analysed for multi-element data analysis using their ME-ICP61 package, which includes Ag, Cu, Pb and Zn. The samples were also assayed for gold using their Au-AA23 analysis package. Overlimit assays were then analysed using their Ag-OG62, Cu-OG62, Pb-OG62, Zn-OG62 and ME-OG62 analysis packages.
For QA/QC purposes, Anglesey Mining used the industry standard of inserting 5% Certified Reference Material (CRM) samples, 2.5% Certified Blank Samples (Blanks) and 5% duplicate samples at source. The CRMs were sourced from Geostats Pty Ltd, Ore Research & Exploration Pty Ltd, OREAS and Natural Resources Canada.
Competent Person
The information in this announcement which relates to Drilling Results has been approved by Mrs. Liz de Klerk, M.Sc., Pr.Sci.Nat., FIMMM who is a professional registered with the South African Council for Natural Scientific Professionals (SACNASP: 400090/08) and independent consultant to the Company. Mrs. de Klerk is the Senior Geologist & Managing Director of Micon International Co Limited and has over 20 continuous years of exploration and mining experience in a variety of mineral deposit styles. Mrs. de Klerk has sufficient experience which is relevant to the style of exploration, mineralisation and type of deposit under consideration and to the activity which she is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the “Australasian Code for reporting of Exploration Results, Exploration Targets, Mineral Resources and Ore Reserves” (JORC Code). Mrs. de Klerk consents to inclusion in the announcement of the matters based on this information in the form and context in which it appears.
About Anglesey Mining plc
Anglesey Mining is traded on the AIM market of the London Stock Exchange and currently has 420,093,017 ordinary shares on issue.
Anglesey is developing its 100% owned Parys Mountain Cu-Zn-Pb-Ag-Au deposit in North Wales, UK with a reported resource of 5.3 million tonnes at over 4.0% combined base metals in the Measured and Indicated categories and 10.8 million tonnes at over 2.5% combined base metals in the Inferred category. Anglesey also holds a49.75% interest in the Grängesberg Iron project in Sweden, together with management rights. Anglesey also holds 12% of Labrador Iron Mines Holdings Limited, which through its 52% owned subsidiaries, is engaged in the exploration and development of direct shipping iron ore deposits in Labrador and Quebec.
For further information, please contact:
Anglesey Mining plc
Andrew King, Interim-Chairman – Tel: +44 (0)7825 963700
Jo Battershill, Non-Executive Director – Tel: +44 (0)7540 366000
Davy
Nominated Adviser & Joint Corporate Broker
Brian Garrahy / Daragh O’Reilly – Tel: +353 1 679 6363
WH Ireland
Joint Corporate Broker
Katy Mitchell / Harry Ansell – Tel: +44 (0) 207 220 1666
Brand Communications
Public & Investor Relations
Alan Green – Tel: +44 (0) 7976 431608
Anglesey Mining #AYM – Half yearly report for the six months to 30 September 2023
Chairman’s Statement and Management Report
During the reporting period significant advances were made at the company’s key asset, Parys Mountain, with the following developments:
- Submission of the Pre-Application Inquiry to the North Wales Mineral Planning Authority and hosting an on-site hearing for over 20 statutory consultee groups.
- Further resource update work for the Morfa Dhu zone (White Rock and Engine Zone) with 93% of the contained resources now being in the Measured and Indicated categories.
- Commencement of confirmatory metallurgical test work and pre-concentration trade-off with 340kg of Morfa Dhu material sent to Grinding Solutions Limited. Preliminary results were received subsequent to the end of the period with overall recoveries either in-line or better than those received from previous test work.
- Detailing the planned drilling programme for the Northern Copper Zone, the first drilling of this high potential area since 1972. Drilling recommenced in October 2023 and the first hole was completed on 11 December at a depth of 635 metres. Visual logging of the core suggests two zones of sulphide mineralisation were intersected with the Northern Copper Zone interpreted to be between 351 – 540 metres and a second zone, potentially the Garth Daniel Zone, between 560 – 586 metres (all downhole depths). As expected, the interpreted Northern Copper Zone has varying levels of sulphide accumulation. The lower zone of sulphide accumulation between 560 – 586 metres demonstrates areas with very high levels of chalcopyrite. A first batch of samples will be dispatched to the assay laboratory prior to Christmas with results expected in Q1 2024.
Progress at the 49.75% owned Grängesberg iron ore project in Sweden included ongoing discussions with potential development partners and the commencement of planning for the environmental baseline gap analysis with a locally based consulting group, as was recommended in the Pre-Feasibility Study Update.
Board of Directors and Management
Following the resignation of Jo Battershill and the results of the annual general meeting held in late October 2023 the company is actively engaged in the search for a new Chief Executive Officer and Non-Executive Chairman. We are very pleased that Jo Battershill has agreed to remain on the board as a non-executive director.
Financial
The group had no revenue for the period. The loss for the six months to 30 September 2023 was £604,787 (2022 comparative period £468,656) and expenditure on the mineral properties in the period was £174,748 compared to £320,887 in the same period in 2022. This reduction was primarily due to a cessation in Parys Mountain drilling activity.
Net current assets as at 30 September 2023 were £711,635 compared to £86,781 as at 31 March 2023 with the increase being due to equity private placements in May and July 2023, which raised a total of £1.5 million to fund current operations.
Summary
We continue to firmly believe that Anglesey Mining is in a good position to advance its two key assets at Parys Mountain and Grängesberg over the next year.
At Parys Mountain, drilling of the Northern Copper Zone is expected to generate strong results leading to the conversion of significant areas of the resource from the Inferred category through into the higher confidence Indicated category. From a development study perspective, it is important that the Northern Copper Zone is upgraded to the Indicated resource category as this will allow the incorporation of this zone into any potential mineral reserve. Metallurgical test work will also be required on the Northern Copper Zone to confirm the +93% recoveries demonstrated by the original test work completed in 1969 at the Lakefield Plant in Ontario, Canada. As suggested in the initial review of the Northern Copper Zone in 2022, we believe that the system could be significantly larger than currently modelled, although this will require additional drilling to test prospective areas.
At Grängesberg, we continue to explore options to advance the project. This initially requires finalising some of the recommendations from the preliminary feasibility study update, including baseline studies for the environmental impact assessment and updating the mining reserve to include some improvements to the proposed mine plan. We are also exploring a number of options to optimise the ownership structure of Grängesberg Iron AB following our acquisition of an additional 29.8% stake in February 2023.
Outlook
Persistent global uncertainties and difficult financial markets have resulted in challenging conditions in which to operate. However, we continue to be encouraged by growing investor interest in Anglesey Mining which was demonstrated by the successful raising of £1.5 million during the reporting period. We believe that investors are finally recognising the progress made over the last two years after a period of relative inactivity.
Over the course of the next year, we look forward to advancing the Parys Mountain project and to optimising the ownership and potential of the Grängesberg iron ore project.
In closing, on behalf of the board of directors, I would like to thank our shareholders for their ongoing support, and to confirm that I remain very confident that the assets held by Anglesey Mining will deliver significant value as they continue to be progressed over the next year.
Andrew King
Interim Chairman
19 December 2023
Link here to view the full financial statements