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REG-Anglesey Mining Plc: Further drilling results confirm scale of Northern Copper Zone at Parys Mountain

 

 

Trading Symbol

AIM: AYM

 

13th March 2024

 

Anglesey Mining plc

(“Anglesey” or “the Company”)

 

Further drilling results confirm scale of Northern Copper Zone at

Parys Mountain

 

Anglesey Mining plc (AIM:AYM), is pleased to announce that the assay results
have been received for the recently completed drill hole NCZ002. Drill hole
NCZ002 was the second hole to be completed from the infill drilling program of
the Northern Copper Zone (NCZ) and Garth Daniel Zone (GDZ) at the Company’s
Parys Mountain Cu-Zn-Pb-Ag-Au VMS project on the Isle of Anglesey in North
West Wales.

 

Consistent with historical drilling, assays confirm that NCZ002 intersected a
significant zone of mineralisation across the NCZ with 114m @ 1.0% CuEq
(including internal dilution). Within the broad mineralised envelope, there
are numerous higher-grade zones. These demonstrate good continuity with
previous drilling results and further support the integrity of the geological
model and drill targeting.

 

Key intersections within the broad zone of mineralisation are detailed below:

 

Northern Copper Zone - Hole NCZ002
* 65.0m @ 0.9% Cu, 0.09% Zn, 0.1% Pb, 4.2g/t Ag and 0.17g/t Au (1.0% CuEq)
from a depth of 426m, including:
*                     6.3m @ 2.6% Cu, 3.2g/t Ag and 0.86g/t
Au (2.8% CuEq) from 426.0m
*                     34.1m @ 0.9% Cu, 4.6g/t Ag and
0.11g/t Au (1.0% CuEq) from 448.3m, including:
-       9.4m @ 1.9% Cu, 0.26% Pb, 0.22% Zn, 13.2g/t Ag and 0.22g/t Au
(2.1% CuEq)
*                     1.0m @ 0.6% Cu, 3.1% Pb, 1.9% Zn,
47.9g/t Ag and 0.09g/t Au (2.0% CuEq / 7.1% ZnEq) from 483.0m
*                     0.5m @ 2.2% Cu, 1.1% Pb, 0.3% Zn,
47.3g/t Ag and 0.14g/t Au (2.7% CuEq / 7.5% ZnEq) from 484.5m
*                     4.4m @ 1.0% Cu, 0.16% Pb, 0.26% Zn,
4.4g/t Ag and 0.16g/t Au (1.1% CuEq / 3.1% ZnEq) from 486.6m
* 31.5m @ 1.4% Cu, 3.5g/t Ag and 0.44g/t Au (1.6% CuEq) from 508.5m,
including:	*                     11.0m @ 3.0% Cu, 6.3g/t Ag
and 1.20g/t Au (3.4% CuEq) from 515m
***CuEq grades are based on recovery factors and commodity prices as detailed
after the tabulated reported assays of this release***

The Company is targeting a resource update on the NCZ, with the aim of
converting a significant portion of the Inferred Resource into the higher
confidence Indicated category. Based on the Joint Ore Reserve Committee (JORC)
guidelines, only Indicated and Measured category Mineral Resources can be
converted into Ore Reserves.  

 

Andrew King, Interim Chairman of Anglesey Mining, commented: “Once again, we
are very excited to see the Parys Mountain project delivering some very strong
drilling results. It is worth reminding investors that Parys Mountain is
demonstrably the largest and most advanced copper project in the UK with
substantial resource upside still evident. In addition, the project is
favourably located on a previously permitted, brownfield development site with
significant existing infrastructure already in place.“

“Both NCZ001 and NCZ002 have delivered some exceptional high-grade copper
intersections, including 11m at 3.4% CuEq, 22m at 3.2% CuEq, 6.3m at 2.8% CuEq
and 9.4m at 2.1% CuEq, within broad thicknesses of mineralisation up to 100m
wide. The results continue to support our view that the Northern Copper Zone
provides significant upside for the Parys Mountain project, over and above the
5 million tonne contribution included within the 2021 Preliminary Economic
Assessment.

“The third drill hole, NCZ003, is currently at a depth of around 450 metres.
The geological and drill targeting model anticipated the Northern Copper Zone
to commence at a downhole depth of around 400 metres. Once again, the model
has been validated by these latest results from NCZ002 and we look forward to
providing a further update once drilling of NCZ003 is complete.”

Northern Copper Zone - Cross Section 4600mE

 

Section 4600mE below highlights the position of the recently completed drill
hole NCZ002 and the up-dip position of NCZ003, which is currently being
drilled.

 


 

 

The interpreted outline of the Northern Copper Zone in the cross-section does
not imply an economic outcome, it simply highlights where sulphides have been
identified within the Northern Shales. A significant number of the drill holes
within this zone have returned consistent zones of higher-grade material,
which is a key target of the current program. The recognition of a shear zone
along the hanging wall of the Northern Copper Zone could imply a structural
emplacement, or thickening of the sequence within the mine environment and
will greatly assist with future targeting and drilling.

 

Importantly, every hole drilled into the interpreted position of the Northern
Copper Zone has intersected broad zones of sulphides; and the current drilling
is demonstrating the predictability of the mineralised zone from the detailed
geological model that has been constructed and refined over several years.

 

The current drill hole, NCZ003, is targeting the up-dip area above historical
hole H17A and could potentially provide additional information relating to the
key lithology Rhyolite B, which included an intersection of 9.2m @ 2.7% CuEq
in drill hole A15.

 

 

Northern Copper Zone - Cross Section 4800mE

 

Section 4800mE below highlights the position of drill hole NCZ001.

 

 

 

As per section 4600mE, this section also highlights the continuity of sulphide
mineralisation across the Northern Copper Zone. With the completion of NCZ001,
the Company has gained a greater understanding of the influence from Rhyolite
B on the higher-grade zones of mineralisation.

 

Section 4800mE also highlights the potential related to the Central Zone with
significant intersections from historical 1970’s drilling, including 3.8m @
8,6% Cu and 6.7m @ 2.4% Cu. The Company believes potential exists for these
intersections to link to the 22m @ 3.2 % CuEq (including 4.0m @ 5.2% Cu) in
NCZ001.

 

Drill hole details:

 

 Hole ID  Co-ordinates  (E) (N)     Elevation (m)  Azimuth (°)   Dip (°)   End of Hole (m)  
 NCZ002   243818       390943       72.0           165           -80       575              

 

Reported Assays (results >0.5 CuEq in bold):

 

 Hole Number  From   To      Sample Length  Assays                                                  
              (m)    (m)     (m)            Cu (%)  Zn  (%)  Pb (%)  Ag (g/t)  Au (g/t)  CuEq (%)*  
 NCZ002       203.9  204.4   0.50           0.00    0.01     0.00    0.5       0.005     0.01%      
 NCZ002       215    215.5   0.50           0.02    0.01     0.00    0.5       0.008     0.03%      
 NCZ002       235    235.5   0.50           0.00    0.01     0.00    0.5       0.005     0.01%      
 NCZ002       243.2  243.7   0.50           0.00    0.01     0.00    0.5       0.005     0.01%      
 NCZ002       253.5  254     0.50           0.00    0.01     0.00    0.5       0.005     0.01%      
 NCZ002       256.3  256.8   0.50           0.00    0.01     0.00    0.5       0.005     0.01%      
 NCZ002       260.2  260.7   0.50           0.00    0.01     0.00    0.5       0.005     0.01%      
 NCZ002       261.7  262.2   0.50           0.00    0.01     0.00    0.5       0.005     0.01%      
 NCZ002       267.9  268.4   0.50           0.01    0.01     0.01    0.5       0.005     0.01%      
 NCZ002       273.4  273.9   0.50           0.00    0.01     0.00    0.5       0.025     0.02%      
 NCZ002       303.5  304     0.50           0.08    0.00     0.00    0.5       0.007     0.08%      
 NCZ002       348    348.5   0.50           0.00    0.00     0.00    0.5       0.005     0.01%      
 NCZ002       351.6  352.1   0.50           0.00    0.01     0.00    0.5       0.005     0.01%      
 NCZ002       368    369     1.00           0.02    0.01     0.01    1.0       0.33      0.16%      
 NCZ002       369    370     1.00           0.00    0.01     0.00    0.5       0.005     0.01%      
 NCZ002       370    371     1.00           0.00    0.01     0.00    0.5       0.005     0.01%      
 NCZ002       371    372     1.00           0.00    0.01     0.00    0.5       0.005     0.01%      
 NCZ002       372    373     1.00           0.00    0.01     0.00    0.5       0.005     0.01%      
 NCZ002       373    374     1.00           0.00    0.01     0.00    0.5       0.005     0.01%      
 NCZ002       374    375     1.00           0.00    0.01     0.00    0.5       0.005     0.01%      
 NCZ002       406    406.5   0.50           0.00    0.00     0.00    0.5       0.023     0.02%      
 NCZ002       410    410.5   0.50           0.12    0.01     0.01    0.5       0.066     0.14%      
 NCZ002       413.5  414     0.50           2.11    0.01     0.01    1.5       0.039     1.99%      
 NCZ002       415    416     1.00           0.00    0.00     0.00    0.5       0.01      0.01%      
 NCZ002       416    417     1.00           0.00    0.00     0.00    0.5       0.005     0.01%      
 NCZ002       417    418     1.00           0.12    0.01     0.00    0.5       0.006     0.12%      
 NCZ002       418    419     1.00           0.36    0.01     0.00    0.7       0.017     0.35%      
 NCZ002       419    420     1.00           0.11    0.01     0.00    0.5       0.008     0.11%      
 NCZ002       420    421     1.00           0.05    0.01     0.00    0.5       0.008     0.06%      
 NCZ002       421    422     1.00           0.54    0.00     0.00    1.0       0.071     0.54%      
 NCZ002       422    423     1.00           0.20    0.01     0.01    1.8       0.025     0.21%      
 NCZ002       423    424     1.00           0.12    0.01     0.00    0.6       0.01      0.12%      
 NCZ002       424    425     1.00           0.14    0.01     0.00    0.5       0.013     0.14%      
 NCZ002       425    426     1.00           0.41    0.04     0.01    1.2       0.022     0.41%      
 NCZ002       426    427     1.00           0.59    0.26     0.06    3.8       0.257     0.76%      
 NCZ002       427    428     1.00           3.24    0.01     0.01    3.0       0.272     3.15%      
 NCZ002       428    429     1.00           1.26    0.02     0.01    1.6       0.278     1.30%      
 NCZ002       429    430     1.00           2.26    0.01     0.01    2.6       1.215     2.61%      
 NCZ002       430    431     1.00           2.70    0.00     0.01    2.9       1.18      3.01%      
 NCZ002       431    431.6   0.60           6.18    0.01     0.01    5.4       1.15      6.25%      
 NCZ002       431.6  432.3   0.70           3.85    0.01     0.01    4.4       2.19      4.50%      
 NCZ002       433.7  434.3   0.60           0.19    0.01     0.00    0.5       0.023     0.19%      
 NCZ002       434.3  435     0.70           0.23    0.01     0.00    0.5       0.041     0.23%      
 NCZ002       435    436     1.00           0.20    0.01     0.01    0.6       0.071     0.22%      
 NCZ002       436    437     1.00           0.39    0.02     0.00    1.2       0.082     0.41%      
 NCZ002       437    438     1.00           0.65    0.01     0.00    1.3       0.341     0.75%      
 NCZ002       438    439     1.00           0.04    0.01     0.00    0.5       0.021     0.05%      
 NCZ002       439    440     1.00           0.16    0.01     0.00    0.5       0.012     0.16%      
 NCZ002       440    441     1.00           0.51    0.05     0.00    0.5       0.053     0.51%      
 NCZ002       441    442     1.00           0.64    0.01     0.00    0.7       0.136     0.66%      
 NCZ002       442    443     1.00           0.56    0.03     0.03    1.6       0.299     0.67%      
 NCZ002       443    444     1.00           0.33    0.01     0.01    0.5       0.124     0.36%      
 NCZ002       444    445     1.00           0.35    0.01     0.00    0.5       0.035     0.35%      
 NCZ002       445    446     1.00           0.24    0.01     0.00    1.2       0.051     0.25%      
 NCZ002       446    446.8   0.80           0.54    0.01     0.01    0.6       0.023     0.51%      
 NCZ002       447.5  448.3   0.80           0.07    0.01     0.00    0.7       0.019     0.08%      
 NCZ002       448.3  449     0.70           0.03    0.01     0.00    0.5       0.006     0.04%      
 NCZ002       449    450     1.00           0.17    0.01     0.00    0.5       0.028     0.17%      
 NCZ002       450    451     1.00           0.07    0.01     0.00    0.5       0.012     0.08%      
 NCZ002       451    452     1.00           0.07    0.01     0.00    0.5       0.012     0.08%      
 NCZ002       452    453     1.00           0.39    0.01     0.00    0.5       0.029     0.38%      
 NCZ002       453    454     1.00           0.50    0.01     0.00    0.5       0.014     0.48%      
 NCZ002       454    455     1.00           0.46    0.05     0.03    2.6       0.173     0.53%      
 NCZ002       455    456     1.00           0.07    0.01     0.01    0.5       0.017     0.08%      
 NCZ002       456    457     1.00           0.07    0.01     0.02    0.5       0.015     0.08%      
 NCZ002       457    458     1.00           0.78    0.04     0.03    2.4       0.113     0.80%      
 NCZ002       458    459     1.00           0.43    0.01     0.03    1.0       0.041     0.43%      
 NCZ002       459    460     1.00           4.24    0.01     0.01    3.5       0.027     3.98%      
 NCZ002       460    461     1.00           0.05    0.01     0.01    0.6       0.045     0.07%      
 NCZ002       461    462     1.00           0.49    0.01     0.03    2.3       0.151     0.54%      
 NCZ002       462    463     1.00           0.41    0.01     0.01    1.3       0.11      0.44%      
 NCZ002       463    464     1.00           0.10    0.01     0.01    0.6       0.063     0.13%      
 NCZ002       464    465     1.00           0.69    0.01     0.01    0.8       0.037     0.66%      
 NCZ002       465    466     1.00           1.43    0.01     0.02    2.6       0.143     1.41%      
 NCZ002       466    467     1.00           0.15    0.01     0.01    1.3       0.043     0.17%      
 NCZ002       467    468     1.00           0.22    0.01     0.01    1.1       0.06      0.24%      
 NCZ002       468    469     1.00           0.74    0.01     0.02    1.9       0.135     0.76%      
 NCZ002       469    470     1.00           0.48    0.01     0.03    2.8       0.122     0.52%      
 NCZ002       470    471     1.00           0.27    0.00     0.01    0.8       0.071     0.29%      
 NCZ002       471    472     1.00           0.13    0.01     0.01    0.5       0.036     0.14%      
 NCZ002       472    473     1.00           0.32    0.01     0.01    1.1       0.057     0.33%      
 NCZ002       473    474     1.00           2.82    0.72     1.26    25.8      0.11      3.27%      
 NCZ002       474    475     1.00           2.90    0.01     0.03    5.6       0.312     2.87%      
 NCZ002       475    476     1.00           3.29    0.10     0.08    11.2      0.591     3.41%      
 NCZ002       476    477     1.00           2.47    0.68     0.57    40.9      0.248     2.95%      
 NCZ002       477    478     1.00           2.70    0.06     0.25    19.9      0.193     2.78%      
 NCZ002       478    479     1.00           1.25    0.02     0.05    4.8       0.153     1.26%      
 NCZ002       479    480     1.00           0.73    0.13     0.07    4.8       0.142     0.81%      
 NCZ002       480    481     1.00           0.65    0.37     0.10    7.3       0.081     0.81%      
 NCZ002       481    482     1.00           0.76    0.01     0.02    3.2       0.186     0.81%      
 NCZ002       482    482.4   0.40           0.74    0.01     0.03    2.0       0.046     0.73%      
 NCZ002       483    483.95  0.95           0.57    1.87     3.09    47.9      0.093     1.98%      
 NCZ002       484.5  485     0.50           2.16    0.25     1.14    47.3      0.137     2.64%      
 NCZ002       486.6  487     0.40           1.92    0.72     0.64    16.1      0.128     2.26%      
 NCZ002       487    488     1.00           0.65    0.68     0.32    3.9       0.156     0.95%      
 NCZ002       488    489     1.00           1.63    0.06     0.05    4.5       0.091     1.61%      
 NCZ002       489    490     1.00           0.43    0.02     0.03    2.4       0.039     0.44%      
 NCZ002       490    491     1.00           0.72    0.08     0.06    2.3       0.362     0.87%      
 NCZ002       491    492     1.00           0.20    0.01     0.01    1.4       0.068     0.23%      
 NCZ002       492    493     1.00           0.02    0.00     0.00    0.5       0.005     0.03%      
 NCZ002       493    494     1.00           0.05    0.25     0.13    0.9       0.023     0.16%      
 NCZ002       494    495     1.00           0.05    0.01     0.00    0.5       0.007     0.06%      
 NCZ002       495    496     1.00           0.03    0.00     0.00    0.5       0.008     0.04%      
 NCZ002       496    497     1.00           0.01    0.00     0.00    0.5       0.005     0.01%      
 NCZ002       497    498     1.00           0.01    0.01     0.00    0.5       0.005     0.02%      
 NCZ002       498    499     1.00           0.02    0.00     0.00    0.5       0.011     0.03%      
 NCZ002       499    500     1.00           0.01    0.00     0.00    0.5       0.007     0.02%      
 NCZ002       500    501     1.00           0.09    0.01     0.00    0.8       0.013     0.10%      
 NCZ002       501    502     1.00           0.11    0.21     0.36    1.3       0.065     0.26%      
 NCZ002       502    503     1.00           0.01    0.00     0.00    0.5       0.009     0.02%      
 NCZ002       508.5  509     0.50           1.23    0.01     0.01    11.4      0.22      1.31%      
 NCZ002       509    510     1.00           0.22    0.00     0.00    0.7       0.037     0.23%      
 NCZ002       510    511     1.00           0.61    0.00     0.01    1.1       0.078     0.61%      
 NCZ002       511    512     1.00           0.23    0.01     0.01    0.9       0.025     0.23%      
 NCZ002       512    513     1.00           0.32    0.01     0.03    2.1       0.014     0.33%      
 NCZ002       513    514     1.00           0.35    0.06     0.03    1.3       0.027     0.37%      
 NCZ002       514    515     1.00           0.83    0.04     0.03    1.6       0.051     0.82%      
 NCZ002       515    516     1.00           1.32    0.28     0.11    4.6       0.825     1.69%      
 NCZ002       516    517     1.00           1.97    0.02     0.01    4.4       2.24      2.78%      
 NCZ002       517    518     1.00           1.34    0.12     0.06    5.1       0.554     1.55%      
 NCZ002       518    519     1.00           4.06    0.83     0.61    11.0      5.06      6.25%      
 NCZ002       519    520     1.00           4.60    0.07     0.02    7.9       2.21      5.25%      
 NCZ002       520    521     1.00           1.53    0.01     0.00    3.1       0.407     1.61%      
 NCZ002       521    522     1.00           5.00    0.10     0.01    8.7       1.17      5.21%      
 NCZ002       522    523     1.00           6.57    0.02     0.02    11.0      0.438     6.37%      
 NCZ002       523    524     1.00           0.83    0.06     0.07    2.5       0.071     0.85%      
 NCZ002       524    525     1.00           4.13    0.04     0.01    7.8       0.179     3.97%      
 NCZ002       525    526     1.00           1.12    0.10     0.04    3.1       0.049     1.12%      
 NCZ002       526    527     1.00           0.03    0.01     0.00    0.5       0.008     0.04%      
 NCZ002       527    528     1.00           0.12    0.14     0.04    0.5       0.006     0.16%      
 NCZ002       528    529     1.00           0.06    0.06     0.07    0.6       0.008     0.09%      
 NCZ002       529    530     1.00           1.43    0.13     0.10    6.0       0.042     1.44%      
 NCZ002       530    531     1.00           0.21    0.01     0.00    0.7       0.027     0.21%      
 NCZ002       531    532     1.00           0.25    0.02     0.01    0.7       0.021     0.25%      
 NCZ002       532    533     1.00           0.18    0.01     0.00    1.0       0.041     0.20%      
 NCZ002       533    534     1.00           0.70    0.01     0.00    1.8       0.042     0.68%      
 NCZ002       534    535     1.00           0.56    0.01     0.00    1.4       0.026     0.54%      
 NCZ002       535    536     1.00           0.37    0.02     0.00    0.5       0.011     0.36%      
 NCZ002       536    537     1.00           1.01    0.05     0.08    4.0       0.032     1.00%      
 NCZ002       537    538     1.00           0.32    0.00     0.00    0.8       0.022     0.32%      
 NCZ002       538    539     1.00           2.35    0.02     0.01    5.5       0.045     2.25%      
 NCZ002       539    540     1.00           1.61    0.17     0.03    4.1       0.033     1.59%      
 NCZ002       540    541     1.00           0.15    0.04     0.00    0.5       0.012     0.16%      
 NCZ002       541    542     1.00           0.21    0.01     0.00    0.5       0.007     0.21%      
 NCZ002       542    543     1.00           0.16    0.01     0.00    0.6       0.029     0.17%      
 NCZ002       543    544     1.00           0.03    0.01     0.00    0.5       0.006     0.04%      
 NCZ002       544    545     1.00           0.04    0.02     0.00    0.5       0.018     0.06%      
 NCZ002       545    546     1.00           0.21    0.01     0.02    0.6       0.018     0.22%      
 NCZ002       546    547     1.00           0.34    0.06     0.04    1.1       0.02      0.36%      
 NCZ002       547    548     1.00           0.09    0.02     0.00    0.5       0.012     0.10%      
 NCZ002       548    549     1.00           0.19    0.01     0.00    0.7       0.016     0.19%      
 NCZ002       549    550     1.00           0.28    0.00     0.00    0.6       0.014     0.27%      
 NCZ002       550    551     1.00           0.13    0.01     0.00    0.7       0.029     0.14%      
 NCZ002       551    552     1.00           0.03    0.01     0.16    1.0       0.011     0.07%      
 NCZ002       552    553     1.00           0.01    0.01     0.00    0.5       0.005     0.01%      
 NCZ002       553    554     1.00           0.05    0.01     0.02    0.7       0.005     0.05%      
 NCZ002       554    555     1.00           0.02    0.05     0.03    0.5       0.005     0.04%      
 NCZ002       555    556     1.00           0.08    0.02     0.00    0.7       0.041     0.10%      
 NCZ002       563.7  564.2   0.50           0.02    0.01     0.00    0.5       0.008     0.03%      
 NCZ002       566    566.5   0.50           0.02    0.01     0.00    0.5       0.005     0.02%      
 NCZ002       570.5  571     0.50           0.02    0.01     0.01    0.5       0.005     0.03%      
 NCZ002       571    571.5   0.50           0.07    0.05     0.02    0.5       0.009     0.09%      
 NCZ002       571.5  572     0.50           0.14    0.61     0.10    1.1       0.027     0.34%      
 NCZ002       572    572.5   0.50           0.22    0.01     0.02    1.5       0.032     0.23%      
 NCZ002       572.5  573     0.50           0.02    0.00     0.00    0.5       0.005     0.02%      
 Total                       149.15                                                                 

 

* Copper Equivalent (CuEq %) = Cu grade % * Cu Recovery + (Zn grade % * Zn
Recovery * (Zn price $/t /Cu price $/t)) + (Pb grade % * Pb Recovery * (Pb
price $/t /Cu price $/t)) + (Ag grade g/t / 31.103 * Ag recovery * (Ag price
$/oz /Cu price $/t)) + (Au grade g/t / 31.103 * Au recovery * (Au price $/oz
/Cu price $/t))

 

Cu Equivalent calculated using following commodity prices: Zn – US$3350/t,
Cu – US$9523/t, Pb – US$2292/t, Ag – US$25.50/oz and

Au – US$1850/oz

 

Cu Equivalent calculated using following recovery assumptions for Northern
Copper Zone: Zn – 82%, Cu – 93%, Pb – 78%, Ag – 72% and  Au – 65%

 

Sample analysis and QA/QC

 

All samples generated from the drilling were dispatched to ALS Loughrea,
Ireland.

 

Samples were assayed for multi-element data analysis using their ME-ICP61
package, which includes Ag, Cu, Pb and Zn. The samples were also assayed for
gold using their Au-AA23 analysis package. Overlimit assays were then analysed
using their Ag-OG62, Cu-OG62, Pb-OG62, Zn-OG62 and ME-OG62 analysis packages.

 

For QA/QC purposes, Anglesey Mining used the industry standard of inserting 5%
Certified Reference Material (CRM) samples, 2.5% Certified Blank Samples
(Blanks) and 5% duplicate samples at source. The CRMs were sourced from OREAS
Australia.

 

Competent Person

 

The information in this announcement which relates to Drilling Results has
been approved by Mrs. Liz de Klerk, M.Sc., Pr.Sci.Nat., FIMMM who is a
professional registered with the South African Council for Natural Scientific
Professionals (SACNASP: 400090/08) and independent consultant to the Company.
Mrs. de Klerk is the Senior Geologist & Managing Director of Micon
International Co Limited and has over 20 continuous years of exploration and
mining experience in a variety of mineral deposit styles. Mrs. de Klerk has
sufficient experience which is relevant to the style of exploration,
mineralisation and type of deposit under consideration and to the activity
which she is undertaking to qualify as a Competent Person as defined in the
2012 Edition of the "Australasian Code for reporting of Exploration Results,
Exploration Targets, Mineral Resources and Ore Reserves" (JORC Code). Mrs. de
Klerk consents to inclusion in the announcement of the matters based on this
information in the form and context in which it appears.

.

About Anglesey Mining plc:

 

Anglesey is traded on the AIM market of the London Stock Exchange and
currently has 420,093,017 ordinary shares in issue.

 

Anglesey is developing the 100% owned Parys Mountain Cu-Zn-Pb-Ag-Au VMS
deposit in North Wales, UK with a reported resource of 5.3 million tonnes at
over 4.0% combined base metals in the Measured and Indicated categories and
10.8 million tonnes at over 2.5% combined base metals in the Inferred
category. 

Anglesey also holds a 49.75% interest in the Grängesberg iron ore project in
Sweden and 12% of Labrador Iron Mines Holdings Limited, which through its 52%
owned subsidiaries, is engaged in the exploration and development of direct
shipping iron ore deposits in Labrador and Quebec.

 

For further information, please contact:

Anglesey Mining plc

Andrew King, Interim-Chairman – Tel: +44 (0)7825 963700

Jo Battershill, Non-Executive Director – Tel: +44 (0)7540 366000

 

Davy

Nominated Adviser & Joint Corporate Broker

Brian Garrahy / Daragh O’Reilly – Tel: +353 1 679 6363

 

WH Ireland

Joint Corporate Broker

Katy Mitchell / Harry Ansell – Tel: +44 (0) 207 220 1666

 

Brand Communications

Public & Investor Relations

Alan Green – Tel: +44 (0) 7976 431608

 

 

LEI: 213800X8BO8EK2B4HQ71

 

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