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Polymetals Resources: Endeavor Mine update & 2025 goals

Polymetals Resources: Endeavor Mine update & 2025 goals

Polymetals Resources Ltd (ASX:POL) Endeavor Mine general manager Matt Gill talked with Proactive’s Tylah Tully about the company's ongoing progress at the Endeavor Mine and its outlook for 2025.

Gill shared updates on the rapid redevelopment and restart activities following the mine’s acquisition in August 2023. He emphasised the company’s focus on recruiting and ramping up operations, growing the team from 6 to 45 employees within months, with a target of 230 personnel by next year.

He stated, "No mine is any good without people, and building that team is fundamental to our success."

The interview also highlighted the company's preparation for restarting production, including structural and electrical audits, mobile equipment acquisition and refurbishing the processing plant.

Polymetals aims to resume production of zinc, silver and lead concentrates by May 2025.

"By May, we aim to have zinc and silver-lead concentrates on a train to Newcastle," said Gill, outlining the company’s aggressive timeline.

Polymetals Resources is set for an exciting and ambitious 2025, focusing on safety, infrastructure and production readiness.

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