Commenting on these exploration results, Chief Development and Technical Officer, Andrew Grahamsaid:
“It is pleasing to see such positive copper and gold results from recent exploration drilling of numerousdeposits across the Peak Mine. Results such as these demonstrate that the mine has a strong future”.
“The copper and gold mineralisation identified is supportive of the transition of the Peak Mine from gold-zinc-lead dominant ores to copper-gold dominant ores in the near-term.”
“The Jubilee North and New Cobar results are particularly pleasing. It is intended to access the significantGreat Cobar copper deposit from the New Cobar mine, adjacent to Jubilee.
Copper ore in New Cobar andJubilee is complementary to any mining activity in Great Cobar, enhancing its value. These will also beimportant sources of copper ore during the planned development of Great Cobar.”
AMI Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held
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