Anglesey Mining plc              

 

 

9 February 2006

Final Assay Results - AMC 17

 

Further to its previous interim release, Anglesey Mining plc has now received the final assay results from the last diamond drill hole in its current programme. The hole reached total depth of 598 metres.

 

Significant mineral intersections recorded were as follows:

 

From

(metres)

To

(metres)

Interval

(metres)

Cu

(%)

Pb

(%)

Zn

(%)

Ag

(g/t)

Au

(g/t)

82.00

82.20

0.20

0.19

1.35

5.21

6

0.06

257.70

261.90

4.20

1.05

0.02

0.04

<5

0.10

342.70

343.10

0.40

5.43

5.35

12.21

33

0.06

432.70

434.70

2.00

2.86

0.11

1.11

15

0.12

487.40

489.70

2.30

1.54

0.86

3.45

9

0.04

493.60

494.65

1.05

1.05

3.33

7.96

29

0.01

496.60

502.10

5.50

3.73

6.06

12.51

78

0.37

525.50

529.60

4.10

1.49

0.03

0.04

5

0.01

 

As previously reported, and as detailed above, AMC17 included the following composite intersection within the Engine Zone:

 

From

(metres)

To

(metres)

Interval

(metres)

Cu

(%)

Pb

(%)

Zn

(%)

Ag

(g/t)

Au

(g/t)

487.40

502.10

14.70

1.78

2.67

5.90

33

0.15

 

In the area of the Morris Shaft, some 600 metres distant from AMC 17, the Engine zone represents a significant component of the resources published by the company. This intersection in AMC 17 and that reported previously in AMC 15, also in the Engine zone and a further 400 metres away from the Morris Shaft, are considered to be highly important to the development of the Parys Mountain property.

 

On-going review

The company’s geological consultants are currently reviewing and analysing all the results from the drilling programme for AMC15, AMC 16 and AMC 17 including the assay results shown here together with the results from lithogeochemical investigations. It is expected that their conclusions will be reported within the next few weeks.

 

 

For further information please contact:

Ian Cuthbertson, Finance Director        + (44) 1248 361333

Bill Hooley, Executive Director              + (44) 1492 541981

John F. Kearney, Chairman                  + (1) 416 362 6686

Cathy Malins / Annabel Leather,
Parkgreen Communications                  + (44) 20 7493 3713

 

 


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  Anglesey Mining plc
Parys Mountain, Amlwch,
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