PNX Metals intersects gold mineralisation at Cookies Corner, extending strike to more than 800 metres
The company expects to estimate a near-surface open pittable gold mineral resource after completing the drilling.
Company
PNX Metals Ltd
ASX:PNX
PNX Metals Ltd (ASX:PNX) has a large tenement portfolio containing a mix of gold, silver and zinc assets in the Pine Creek region of the Northern Territory. Total contained gold in PNX’s projects to date is close to 400,000 ounces. The advanced Fountain Head Project hosts a mineral resource of 2.94 million tonnes at 1.7 g/t gold for 156,000 ounces of gold.
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PNX Metals appoints Angelo Gaudio as company secretary and chief financial officer
PNX recently received high-grade gold assays from drilling at the Fountain Head Project in the Northern Territory.
PNX Metals drills gold extensions at Fountain Head
Fountain Head is only 15 kilometres from the flagship Hayes Creek Project.
PNX Metals earns 90% interest in two projects near Hayes Creek containing high-value targets
Aim is to define additional resources to add further value to the Hayes Creek zinc-gold-silver project.
Investments and investor services
Kin Mining attracts new substantial shareholder with a 9.31% interest
Mostia Dion Nominees participated in Kin’s 2 for 5 rights issue and subsequent shortfall underwriting.
PNX Metals’ German substantial shareholder Delphi increases stake to 18.09%
The company’s exploration is targeting high-value, highly profitable deposits complementary to its flagship Hayes Creek Project.
PNX Metals commences follow-up drilling for gold at Cookies Corner
Three of the 20 holes planned will extend recent holes that ended in mineralisation.
PNX Metals pursuing two work streams in parallel
A project development stream focused on Hayes Creek and an exploration stream.
Investments and investor services
Brisbane Resources Round-up will showcase Australia’s resources sector
The annual convention is on next week at the Hilton Brisbane with 48 presentations and 70 exhibitors.
PNX Metals identifies gold mineralisation at Cookies Corner prospect in NT
The strong results come from one of several prospective areas PNX is exploring around its Hayes Creek project.
PNX Metals’ German cornerstone investor and directors increase stake
The company recently received positive gold drilling results from its Fountain Head Project.
PNX Metals completes $3.46 million capital raising, drill updates to come
The company now has the required funding to drill the emerging Fountain Head targets.
PNX Metals commences follow-up diamond drilling at Banner gold discovery
The Banner, Tally Ho and Fountain Head prospects could all be the same gold system.
PNX Metals makes new discovery at Fountain Head with 6 metres at 39.5 g/t gold from 54 metres
Fountain Head, Tally Ho and now Banner prospects have the potential to host sizeable gold systems.
PNX Metals’ drilling extends high-grade gold mineralisation at Fountain Head
The new results highlight the potential to increase the company’s gold resources.
PNX Metals starts drilling at potential new ore source for the Hayes Creek Project
Drilling at Moline in 2016 and 2017 returned numerous high-grade gold and base metal intersections.
PNX Metals hits high-grade gold in drilling at Fountain Head
The company is seeking further resources to complement the Hayes Creek zinc-gold-silver development project.
PNX Metals raises $3.36 million, attracts new cornerstone investor
Funding will go towards the company's Northern Territory project portfolio.
PNX Metals hits high-grade gold at Fountain Head in NT, commences capital raising
The drilling program consisted of 31 holes for 2,610 metres along the Fountain Head anticline.
PNX Metals reveals high-grade lithium and lead-silver-gold in rock chips at Kilfoyle
The company's shares are trading 12.5% higher intra-day, at 0.9 cents.