Phoenix Global Mining Ltd

Phoenix Global Mining Ltd (AIM: PGM) is a North America-focused, base and precious metal explorer and developer, which is fast-tracking the historically-producing Empire Mine in Idaho, USA back into production.

Phoenix has a JORC and NI 43-101 resource of 19.4 mt grading 0.47% copper (‘Cu’) for 90,547 t contained Cu, plus zinc, gold and silver, Phoenix targets production of 7,000t copper cathode per annum by 2020, while exploring the deeper, higher-grade copper sulphides, where intercepts of up to 11.4% Cu have been recovered.

Phoenix owns two cobalt properties in Idaho. Early stage exploration is underway with drilling planned for 2018.