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Phoenix Global Mining gets 'encouraging' drilling results at Idaho copper project

Tuesday, 4th September 2018
Phoenix Global Mining said it had gathered encouraging results from a drilling programme at its Empire copper mine in Idaho.

The company also announced that it had appointed Ryan McDermott as its chief operating officer.

Drilling highlights included encountering 4.6 metres of 1.53% copper, 3.0 metres of 2.85% copper and 13.7 metres of 0.64% copper.

The 2018 drilling programme was progressing on-track and expected to continue into October, the company said.

McDermott was chief executive of Konnex, Phoenix's operating company developing the Empire Mine.

At 8:18am: (LON:PGM) Phoenix Global Mining Limited Ord Npv Di share price was 0p at 27.5p

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