Parys Mountain Property

  • On the island of Anglesey in north Wales - worked for copper since prehistoric times
  • Resource of 7.76 million tonnes - Cu 2%, Pb 2.9% and Zn 4.9%
  • Life of mine contributions to revenue - zinc 27%, copper 51% and lead 13%. Copper more important in later years - October 2010 prices
  • 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