Anglesey Mining plc              


14 June 2001

Potential New Mineral Zone identified at Parys Mountain

Anglesey Mining plc announces that as a result of ongoing geological reassessment carried out during the financial year ended 31 March 2001 it has identified potential for a new zone of mineralisation at its Parys Mountain property.

The potential new zone lies at the western end of the property, downdip from the White Rock Zone, separated by faulting from the major part of the property, within a few hundred metres of the Morris Shaft. It is not possible at this time, without further drilling, to estimate the size or grade of the new zone.

Anglesey Mining plans as soon as possible to undertake financing for a drilling programme to explore its exploration targets which have the potential to transform Parys Mountain into a very significant mineral deposit.

Summary

The identification of this potential new zone is very important to Anglesey Mining for a number of reasons:

Further geological detail click here.

Contacts :  
Ian Cuthbertson John F. Kearney
Company Secretary Chairman
(44)1248 361333 (1)416 362 6686

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  Anglesey Mining plc
Parys Mountain, Amlwch,
Anglesey, LL68 9RE, UK
  Phone  +44 1248 361333  
 mail@angleseymining.co.uk
 

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