Phoenix Copper Ltd. (GB:PXC) has released an update.
Phoenix Copper Ltd. has announced a significant upgrade of its Empire Open-Pit Mine’s mineral resources, now classified as mineral reserves, with 10.1 million tonnes containing substantial quantities of copper, gold, and silver. The Empire Mine, located in Idaho, USA, is poised to contribute to the company’s growth with the newly quantified 109 million lbs of copper, 104,000 ounces of gold, and 4.6 million ounces of silver. This milestone, resulting from extensive exploration and evaluation, solidifies the site’s economic viability and potential to enhance shareholder value.
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