Anglesey Mining PLC's (LON:AYM) Bill Hooley talks to Proactive London about the results of their preliminary economic assessment (PEA) of the Parys Mountain copper-zinc-lead-gold-silver project.
Hooley explains the benefits of working on the island of Anglesey in North Wales, given that it is in the United Kingdom, which means a lot of the infrastructure is already in place.
This latest assessment is based around an updated resource estimate of 5.2mln tonnes of indicated together with 11.7mln tonnes of inferred ore. Hooley says they have two years of hard work ahead before they start producing, with a mine life of twelve years that will create up to 150 jobs for Anglesey.