Parys Mountain Property

  • On the island of Anglesey in north Wales - worked for copper since prehistoric times
  • JORC Code-compliant resource of 2.1mt at 6.9% combined base metals in the indicated category and 4.1mt at 5.0% combined in the inferred category
  •  Life of mine contributions to revenue - zinc 21%, copper 49% and lead 12%. Copper more important in later years
  • Project has planning permission - two years to production from completion of financing
  • Successful drill programmes in 2005-08 in two areas - Garth Daniel in the east and near-surface White Rock in the west near to the existing shaft
  • Excellent exploration potential over an area of several kilometres
  • Work in 1991 resulted in a positive independent feasibility study for a 1,000 tonne per day mine and strong local community and government support

Parys Technical