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Pembridge Resources reports encouraging drill results from definition and step out drilling at Minto

The Minto mine is currently in production and has been shipping copper to the Far East

Pembridge Resources PLC -

Pembridge Resources PLC (LON:PERE) has released drill results from definition and step out drilling at the Minto mine conducted during 2019 and 2020.

Drilling was conducted on the Minto North II, Copper Keel South, Copper Keel West, and Copper Keel North areas.

Highlights included 38.9 metres grading 1.66% copper and 0.51grams per tonne gold, 15.75 metres grading 1.44% copper and 0.35 grams per tonne, and 21.6 metres grading 1.16% copper and 0.64 grams.

The interpretation of the results from the 2019-2020 drill programme supports plans to extend mine life and demonstrate the continuity of underground ore deposits. A preliminary economic assessment is now underway.

An exploration drill programme is planned for 2021, with the objective of further expanding resources and advancing numerous high-priority near-mine and regional targets in the Minto Copper Belt.

 

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Price: 6 GBX

Market Cap: £5.34 m

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Pembridge Resources reveal 2021 drilling plans for Minto, 'recognising its...

Pembridge Resources PLC's (LON:PERE) Gati Al-Jebouri joins Proactive London after announcing their 2021 exploration plans for the Minto copper project in Canada. The plans are to explore the highly prospective and undeveloped parts of the Minto Claims area after the senior management of Minto...

on 24/5/21

2 min read