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Anglesey Mining #AYM – Board Changes

Anglesey Mining plc (AIM:AYM), the UK minerals development company is pleased to announce the appointment of Mr. Robert Douglas Hall as a non-executive director of the Company, with immediate effect. Anglesey also announces that Jo Battershill has informed the Board of his decision to step down as a non-executive director of the Company with immediate effect.

Doug Hall is a qualified lawyer with over 30 years of UK and international legal experience, including in the mining sector. Doug currently serves as General Counsel for West Cumbria Mining and previously also served in the position of General Counsel for Avesoro Resources, a West-African focused gold exploration, development and production company. Prior to moving in-house, Doug served as a Partner in a number of leading international law firms, including Norton Rose Fulbright and MinterEllison.

Andrew King, Chairman of Anglesey, commented:I am delighted to welcome Doug to the board of Anglesey. With a risk assessment and project finance background, he brings extensive experience of guiding companies in the natural resources sector through complex negotiations, often with a cross border and cross-cultural element. I am sure he will make a significant contribution to the Anglesey board as we seek to progress the business, in particular the advancement of our Parys Mountain project.

I would also like to thank Jo for his service to Anglesey in recent years, both as Chief Executive Officer and, more recently, as a non-executive director. His decision to step down as a director follows his relocation to Australia earlier this year to pursue a new opportunity in the resources sector and, on behalf of everyone at Anglesey, we wish him well in his future endeavours.

Additional Information:

Mr. Robert Douglas James Hall (age 63) does not hold any ordinary shares or related securities in the Company.

The Company confirms that there is no other information that is required to be disclosed under Schedule 2(g) of the AIM Rules for Companies in respect of Mr. Hall.

End

For further information, please contact:

Anglesey Mining plc

Rob Marsden, Chief Executive – Tel: +44 (0)7531 475111

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

LEI: 213800X8BO8EK2B4HQ71

Alan Green covers Botswana Diamonds #BOD, Anglesey Mining #AYM & Dan Flynn covers Mila Resources #MILA on this week’s Stockbox Research Talks

Alan Green covers Botswana Diamonds #BOD, Anglesey Mining #AYM & Dan Flynn covers Mila Resources #MILA on this week’s Stockbox Research Talks

Anglesey Mining #AYM – Issue of Equity

Anglesey Mining plc (AIM:AYM), announces that it has issued a total of 1,229,238 new ordinary shares of 1p each in the Company (“New Ordinary Shares”) in satisfaction of amounts owing to certain suppliers, at a price of 1p per share.

Application has been made for the New Ordinary Shares, which will rank pari passu with all existing ordinary shares in the Company, to be admitted to trading on AIM (“Admission”).  Admission is expected to take place on 14 November 2024.

The Company has no ordinary shares held in treasury and, as a result, the total number of voting rights in the Company following Admission will be 484,822,255.

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

LEI: 213800X8BO8EK2B4HQ71

About Anglesey Mining plc:

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 – Information received from statutory and specialist consultees regarding the Parys Mountain Mine Environmental Impact Assessment Scoping Report

Further to the Company’s announcement on 16 August 2024, Anglesey Mining plc (AIM:AYM), is pleased to announce that it has recently received reports from statutory and specialist consultees in response to the Parys Mountain Mine Environmental Impact Assessment (EIA) Scoping Report. The Company is pleased to note that the responses received are broadly in line with the company’s expectations.

The responses from the statutory consultees will be taken into account by the North Wales Minerals and Waste Planning Service, who assess mineral planning applications on behalf of the Isle of Anglesey County Council, for the purposes of their formal Scoping Opinion which the Company expects to be released in due course.

As previously noted, the Anglesey Mining team are committed to close collaboration with stakeholders, communities, industry and supply chain, particularly around minimising potential environmental impacts and maximising economic development opportunities for local communities.

The Scoping Report and appendices can be accessed and downloaded from the Parys Mountain section of our web site by clicking this link:

https://www.angleseymining.co.uk/environmental-impact-assessment-eia-scoping-report/

or from the Anglesey County Council and North Wales Minerals and Waste Planning Service websites by clicking the following link:

https://dogfennaucynllunio.ynysmon.llyw.cymru/PublicAccess_Live/SearchResult/RunThirdPartySearch?Folder1_Ref=SCO/2024/1&FileSystemId=PL

If you wish to submit comments through the formal scoping processes, please send your comments directly to the North Wales Minerals and Waste Planning Service.

In the meantime, if you wish to provide comments regarding the proposal to the Anglesey Mining Team directly, please address them to mail@angleseymining.co.uk with the subject “Scoping Report Comments.”

Rob Marsden, CEO of Anglesey Mining, commented: “We encourage stakeholders to comment and ask questions, so that a highly considered EIA submission can be made. [We also welcome the opportunity to engage constructively with the North Wales Minerals and Waste Planning Service as it progresses with the Scoping Opinion.] The objective of Anglesey Mining is to make a planning application, that when enacted, will be seen to provide economic returns to investors, job opportunities, mitigation of the impacts to the environment and enhanced respect for, and appreciation of, the mining heritage of Parys Mountain, thus earning us a social licence to operate.” 

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 – 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

Sharepickers – Alan Green discusses Facilities by ADF #ADF, Blencowe Resources #BRES and Anglesey Mining #AYM with Justin Waite

Sharepickers – Alan Green discusses Facilities by ADF #ADF, Blencowe Resources #BRES and Anglesey Mining #AYM with Justin Waite

Alan Green covers Anglesey Mining #AYM, Kavango Resources #KAV & Voyager Life #VOY on this week’s Stockbox Research Talks

Alan Green covers Anglesey Mining #AYM, Kavango Resources #KAV & Voyager Life #VOY on this week’s Stockbox Research Talks

Anglesey Mining #AYM and Parys Mountain featured in a report by Rob Shelley on ITV Wales

https://x.com/Brand_UK/status/1828693057845268553

A #copper rush on Anglesey? It is 120 years since the last miners left… but history could be about to come full circle at #ParysMountain #Anglesey  

CEO Rob Marsden and Site Manager Don McCallum talk through the history of the mine and the drill samples in the core shed  

Everything from #copper #gold #zinc #lead and #silver could be mined from a new section of Parys Mountain

 

Anglesey Mining #AYM – Northern Copper Zone and Garth Daniel Zone, update

At Anglesey Mining plc’s Parys Mountain property, mineralization within the Northern Copper Zone (NCZ) has been traced by historical mining and diamond drilling over a strike length of 1.2 kilometres. The declared inferred resource for the NCZ is 9.38Mt containing 1.27%Cu, 0.38% Zn, 0.24%Pb, 5g/y Ag and 0.1g/t Au.  The declared inferred resource of the Garth Daniel Zone (GDZ) is 0.34Mt containing 1.89%Cu, 5.78%Zn, 2.76%Pb, 66g/t Ag and 0.1g/t Au.

All three holes in the 2023-2024 drilling program (NCZ001, NCZ002 and NCZ003) intersected both broad zones of mineralisation and multiple higher-grade zones. The sections below show that the drilling demonstrated good continuity and further supports the integrity of the geological model and drill targeting, with indications of greater mineralised volumes overall.

Anglesey Mining has recently received litho-geochemical results for each of the three holes, from Activation Laboratories in Canada. Interpretation of the results has allowed the stratigraphic positions of the main ore horizons to be further defined, improving the geological unit correlations across the property. Work is on-going; however it is already apparent that the latest holes intersected the same package of rocks and styles of alteration and mineralization as interpreted from previous drilling campaigns, which were subject to the same litho-geochemical analysis.

Detailed understanding of the lithology in each of the recently completed holes will mean a new structural geological model can be constructed and data supporting the model will additionally leverage off all the previously completed exploration drilling that has taken place into both the NCZ and the GDZ. Such a model would be more detailed than the one that presently exists and could provide valuable insights into the controls and distribution of the various mineralized zones. It is expected that, once completed, the model will be able to be extrapolated on a wider scale and used in subsequent mine planning.

Rob Marsden, CEO of Anglesey Mining, commented: “Extracting all of the data possible from the 2023-2024 drilling campaign and interpreting it in context is a key part of the work being undertaken at Parys Mountain and it is great to see this latest dataset supporting and enhancing previous geological interpretation of the deposit.”

Hole NCZ001, at the 575.0m depth, intercepted a high-grade veined polymetallic interval in the Garth Daniel Zone (GDZ) which sits at a similar stratigraphic position to high-grade GDZ mineralization in AMC15 (from the 2005-2006 drilling campaign)

The  semi-massive sulphides in NCZ002, NCZ003 are as seen in hole AMC16 (also from the 2005-2006 drilling campaign)

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.

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.

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

Daily Telegraph – Bid to reopen 3,500-year-old Welsh mine after gold found in hills – Anglesey Mining #AYM

Anglesey Mining #AYM feature in the The Daily Telegraph by Jonathan Leake – Bid to reopen 3,500-year-old Welsh mine after gold found in hills.

Bronze Age site on Anglesey could also hold copper, zinc & other precious metals

Anglesey Mining has unveiled plans to build new 630-metre shafts into Parys Mountain….

Rob Marsden chief executive of Anglesey Mining, said the mine also contained deposits of silver and lead.

He said: “Parys Mountain is demonstrably the largest and most advanced project for mining copper, gold, silver, lead and zinc in the UK.

“The project is favourably located on a previously permitted development site with significant existing infrastructure already in place…..”

Read full article here: https://www.telegraph.co.uk/business/2024/08/16/push-to-reopen-disused-welsh-mine-after-gold-found-in-hills/

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