PNX Metals Ltd's (ASX:PNX) James Fox tells Proactive the first mineral resource estimate for the newly acquired Glencoe deposit has enhanced development plans for the Fountain Head gold project in the Northern Territory. The resource estimate for Glencoe, which is just 3 kilometres north of the 100%-owned Fountain Head project, is 2.1 million tonnes at 1.2 g/t gold for 79,000 ounces in the inferred category.
PNX Metals boosts Fountain Head development plans with new gold resource at Glencoe deposit
