ANX ann -- ANAX METALS CORPORATE UPDATE • Strengthened copper prices have enhanced the Whim Creek economics by 32% providing a Pre-Tax NPV7 of $357M and IRR of 74%.* Studies for the regional processing hub strategy have commenced. The Sulphur Springs Oxide/Transitional leaching test work at the CSIRO completed Evelyn and Salt Creek copper resource extension exploration to be prioritized in the coming field season
Results from leaching test work, which was undertaken at the CSIRO, are currently being compiled and will be released shortly. Other key consultant appointments are currently being finalised
