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PHOENIX COPPER LIMITED

ASX: PNX

The data on Australian Shares.com is intended as a guide only and is compiled from information in the public domain. Data on this website should not be used to make an investment or trading decision.

Description

Phoenix Copper is an ASX listed minerals exploration company, with a primary focus on copper and gold. With the Company’s recent project acquisition in the Northern Territory, Phoenix Copper now has a significant base and precious metals tenement portfolio in South Australia and the NT.

Northern Territory

With the acquisition of 15 mining leases, the Company will initially look to define JORC resources at the Mount Bonnie and Iron Blow deposits. Exploration work on both the acquired MLs, and the 21 exploration licences and 4 mining leases on which the Company is earning up to a 90% interest, will commence shortly with an initial focus on surface geophysical work to define drill targets.

Burra

The Company will look to drill-test its Induced Polarisation (IP) geophysical model with 6 target areas, both north and south of the historic Monster Mine. Significant copper sulphide mineralisation was intercepted at the Eagle Prospect (one of the northern targets) in the 2012 maiden diamond drilling program.

Yorke Peninsula

An aircore and reverse circulation drill program was completed in 2013 over highly prospective iron ore copper gold (IOCG) targets, the results of which support the Company's view of the resource potential in the area. The Company is currently seeking a joint venture partner to assist with funding further exploration drilling.

Mine For

copper, gold

Location of operation(s)

Northern Territory, South Australia

Address

Level 1, 135 Fullarton Road
ROSE PARK, SA, AUSTRALIA

Phone

(08) 8364 3188

Email

Website


Last Updated

25/3/2015

 

The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.