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AYM Anglesey Mining News Story

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REG-Anglesey Mining Plc: Parys Mountain drilling returns strong assays including 22.0m at 3.7% CuEq

 

 

Trading Symbol

AIM: AYM

 

19th January 2024

 

Anglesey Mining plc

(“Anglesey” or “the Company”)

 

Parys Mountain drilling returns strong assays including 22.0m at 3.7% CuEq

 

Anglesey Mining plc (AIM:AYM), is pleased to announce that the assay results
have been received from the recently completed drill hole NCZ001. Drill hole
NCZ001 is the first hole from the infill drilling program of the Northern
Copper and Garth Daniel Zones at the Company’s Parys Mountain Cu-Zn-Pb-Ag-Au
VMS project on the Isle of Anglesey in North West Wales.

 

Drill hole NCZ001 was designed to provide a repeat of the historical drill
hole H34, drilled in the early 1970’s, which intersected three mineralised
zones that bulked out to 146 metres at 1.2% copper equivalent (CuEq). Due to
the deviation of NCZ001, the intersection encountered is estimated to be
approximately 75 metres up-dip from the H34 intersection and provides a
valuable infill pierce point.

 

Garth Daniel Zone – Hole NCZ001
* 22.0m @ 2.3% Cu, 2.8% Zn, 1.3% Pb, 5.0g/t Ag and 0.03g/t Au (3.7% CuEq /
9.2% ZnEq) from a depth of 559m, including	* 4.0m @ 5.2% Cu, 5.0g/t Ag and
0.03g/t Au (4.9% CuEq) from 569m; and,
* 6.0m @ 2.5% Cu, 9.9% Zn, 4.7% Pb, 10g/t Ag and 0.1g/t Au (6.1% CuEq / 17.4%
ZnEq) from 575m
Northern Copper Zone – Hole NCZ001

Significant intersections include:
* 11.0m @ 0.6% Cu, 1.4% Zn, 0.5% Pb, 9.0g/t Ag and 0.4g/t Au (1.3% CuEq / 3.6%
ZnEq) from a depth of 503m including	* 4.0m at 1.1% Cu, 2.7% Zn, 1.0% Pb,
16g/t Ag and 0.7g/t Au (2.4% CuEq / 6.9% ZnEq) from 510m
	
* 63.0m @ 0.6% Cu, 0.06% Zn, 0.03% Pb, 3g/t Ag and 0.2g/t Au (0.7% CuEq) from
a depth of 362m including	*  16.0m @ 0.9% Cu, 0.05% Zn, 0.02% Pb, 3g/t Ag and
0.2g/t Au (1.0% CuEq) from 382m
* 7.0m @ 1.3% Cu, 0.11% Zn, 0.05% Pb, 5.5g/t Ag and 0.2g/t Au (1.3% CuEq) from
404m
	
* 13.0m @ 0.5% Cu, 0.05% Zn, 0.01% Pb, 2g/t Ag and 0.1g/t Au (0.5% CuEq) from
a depth of 455m
***CuEq and ZnEq grades are based on recovery factors and commodity prices as
detailed on page 9 of this release***

Andrew King, Interim Chairman of Anglesey Mining, commented: “We are very
encouraged by the broad widths encountered across both the Garth Daniel and
Northern Copper Zones in NCZ001. In particular, we are excited to see the
significant intersection within the Garth Daniel Zone. The 22-metre
intersection grading 3.7% copper equivalent we believe continues to
demonstrate the prospectivity of the Parys Mountain mineralised system.”

“Infill drilling of these mineralised zones will play a crucial role in the
development studies for Parys Mountain. The primary target for this program is
to provide additional pierce points to enable the current Inferred resources
to be upgraded to the Indicated category. The second drill hole, NCZ002, is
currently at a depth of around 360 metres with the Northern Copper Zone target
estimated to commence at a downhole depth of around 420 metres”.

Drill hole details

 

 Hole ID  Co-ordinates  (E)   (N)     Elevation (m)  Azimuth (°)   Dip (°)   End of Hole (m)  
 NCZ001   244008        390981        78.3           165           -75       635              

 

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/tt)  CuEq (%)*  
 NCZ001       77.5    78      0.50           0.27    0.19     0.16    3.3       <0.005     0.36%      
 NCZ001       83.4    83.9    0.50           0.03    0.01     0.00    <0.5      <0.005     0.03%      
 NCZ001       98.6    99.1    0.50           0.08    0.01     0.00    <0.5      <0.005     0.08%      
 NCZ001       99.1    99.6    0.50           0.02    0.01     0.00    <0.5      <0.005     0.02%      
 NCZ001       99.6    100.1   0.50           0.02    0.00     0.00    <0.5      <0.005     0.02%      
 NCZ001       100.1   100.6   0.50           0.02    0.01     0.00    <0.5      <0.005     0.02%      
 NCZ001       100.6   101.1   0.50           0.03    0.00     0.00    <0.5      <0.005     0.03%      
 NCZ001       101.1   101.6   0.50           0.56    0.22     0.13    9.6       <0.005     0.66%      
 NCZ001       101.6   102     0.40           0.12    0.32     0.06    2.9       <0.005     0.23%      
 NCZ001       102     102.5   0.50           0.02    0.02     0.05    <0.50     <0.005     0.03%      
 NCZ001       102.5   103     0.50           0.32    0.02     0.03    3.4       <0.005     0.33%      
 NCZ001       131     131.5   0.50           0.02    0.01     0.00    <0.5      <0.005     0.02%      
 NCZ001       132.5   133     0.50           0.00    0.01     0.00    <0.5      <0.005     0.01%      
 NCZ001       139     139.5   0.50           0.01    0.02     0.01    <0.5      <0.005     0.01%      
 NCZ001       243.65  244.15  0.50           0.00    0.27     0.05    <0.5      <0.005     0.09%      
 NCZ001       267.8   268.3   0.50           0.01    0.70     0.07    <0.5      <0.005     0.22%      
 NCZ001       303.9   304.4   0.50           0.01    0.03     0.01    1.2       <0.005     0.03%      
 NCZ001       304.4   304.9   0.50           0.00    0.01     0.00    <0.5      <0.005     0.01%      
 NCZ001       304.9   305.4   0.50           0.07    0.01     0.00    1.0       <0.005     0.08%      
 NCZ001       305.4   305.9   0.50           0.01    0.01     0.00    <0.5      <0.005     0.01%      
 NCZ001       305.9   306.4   0.50           0.00    0.01     0.00    <0.5      <0.005     0.00%      
 NCZ001       318.45  318.95  0.50           0.00    0.00     0.00    <0.5      <0.005     0.00%      
 NCZ001       327.15  327.65  0.50           0.01    0.59     0.02    <0.5      <0.005     0.18%      
 NCZ001       351     352     1.00           0.00    0.00     0.00    <0.5      <0.005     0.00%      
 NCZ001       352     353     1.00           0.00    0.00     0.00    <0.5      <0.005     0.00%      
 NCZ001       353     354     1.00           0.00    0.00     0.00    <0.5      <0.005     0.00%      
 NCZ001       354     355     1.00           0.02    0.00     0.00    <0.5      <0.005     0.02%      
 NCZ001       355     356     1.00           0.01    0.00     0.00    <0.5      0.01       0.01%      
 NCZ001       356     357     1.00           0.00    0.00     0.00    <0.5      <0.005     0.00%      
 NCZ001       357     358     1.00           0.00    0.00     0.00    <0.5      <0.005     0.00%      
 NCZ001       358     359     1.00           0.00    0.00     0.00    <0.5      <0.005     0.00%      
 NCZ001       359     360     1.00           0.03    0.01     0.00    <0.5      0.02       0.04%      
 NCZ001       360     361     1.00           0.00    0.01     0.00    <0.5      <0.005     0.00%      
 NCZ001       361     362     1.00           0.27    0.01     0.00    <0.5      0.025      0.26%      
 NCZ001       362     363     1.00           0.98    0.01     0.01    1.7       0.223      1.02%      
 NCZ001       363     364     1.00           0.49    0.00     0.01    0.9       0.142      0.52%      
 NCZ001       364     365     1.00           1.04    0.00     0.04    6.5       0.119      1.06%      
 NCZ001       365     366     1.00           1.38    0.00     0.01    3.1       0.621      1.56%      
 NCZ001       366     367     1.00           0.15    0.02     0.00    <0.5      0.03       0.15%      
 NCZ001       367     368     1.00           0.35    0.01     0.00    0.8       0.068      0.36%      
 NCZ001       368     369     1.00           0.78    0.03     0.01    1.7       0.31       0.87%      
 NCZ001       369     370     1.00           0.57    0.01     0.00    0.8       0.23       0.63%      
 NCZ001       370     371     1.00           0.16    0.01     0.00    <0.5      0.024      0.16%      
 NCZ001       371     372     1.00           0.15    0.01     0.01    <0.5      0.024      0.16%      
 NCZ001       372     373     1.00           0.11    0.01     0.00    <0.5      0.127      0.16%      
 NCZ001       373     374     1.00           0.56    0.00     0.01    1.5       0.464      0.73%      
 NCZ001       374     375     1.00           0.45    0.01     0.01    1.6       0.22       0.52%      
 NCZ001       375     376     1.00           0.40    0.01     0.01    1.2       0.376      0.54%      
 NCZ001       376     377     1.00           0.59    0.02     0.01    1.5       0.221      0.65%      
 NCZ001       377     378     1.00           0.12    0.01     0.00    <0.5      0.031      0.12%      
 NCZ001       378     379     1.00           0.08    0.00     0.00    0.7       0.048      0.10%      
 NCZ001       379     380     1.00           1.58    0.02     0.03    5.6       1.19       1.99%      
 NCZ001       380     381     1.00           0.09    0.01     0.01    0.5       0.115      0.14%      
 NCZ001       381     382     1.00           0.03    0.03     0.00    <0.5      0.051      0.06%      
 NCZ001       382     383     1.00           0.73    0.08     0.02    1.9       0.219      0.81%      
 NCZ001       383     384     1.00           0.95    0.04     0.05    4.3       0.953      1.31%      
 NCZ001       384     385     1.00           2.01    0.02     0.02    3.4       0.04       1.91%      
 NCZ001       385     386     1.00           0.31    0.03     0.01    0.8       0.037      0.32%      
 NCZ001       386     387     1.00           0.75    0.11     0.03    1.6       0.056      0.76%      
 NCZ001       387     388     1.00           0.06    0.02     0.00    0.5       0.01       0.07%      
 NCZ001       388     389     1.00           0.84    0.04     0.01    1.5       0.04       0.82%      
 NCZ001       389     390     1.00           1.14    0.03     0.02    3.3       0.159      1.15%      
 NCZ001       390     391     1.00           0.21    0.04     0.01    1.1       0.07       0.24%      
 NCZ001       391     392     1.00           0.94    0.02     0.01    2.6       0.094      0.94%      
 NCZ001       392     393     1.00           1.76    0.03     0.04    9.6       0.419      1.88%      
 NCZ001       393     394     1.00           0.85    0.04     0.01    2.6       0.115      0.86%      
 NCZ001       394     395     1.00           1.45    0.26     0.04    4.2       0.127      1.51%      
 NCZ001       395     396     1.00           1.07    0.02     0.01    2.6       0.137      1.07%      
 NCZ001       396     397     1.00           0.17    0.01     0.02    2.3       0.124      0.23%      
 NCZ001       397     398     1.00           0.60    0.01     0.00    1.3       0.088      0.61%      
 NCZ001       398     399     1.00           0.14    0.01     0.00    1.8       0.132      0.19%      
 NCZ001       399     400     1.00           0.13    0.62     0.23    3.6       0.232      0.46%      
 NCZ001       400     401     1.00           0.20    0.07     0.03    2.9       0.133      0.28%      
 NCZ001       401     402     1.00           0.28    0.02     0.03    3.5       0.157      0.36%      
 NCZ001       402     403     1.00           0.19    0.04     0.09    3.4       0.099      0.27%      
 NCZ001       403     404     1.00           0.07    0.02     0.02    2.1       0.235      0.19%      
 NCZ001       404     405     1.00           0.66    0.06     0.04    3.2       0.31       0.78%      
 NCZ001       405     406     1.00           1.73    0.01     0.01    4.0       0.305      1.76%      
 NCZ001       406     407     1.00           1.80    0.01     0.04    5.8       0.052      1.74%      
 NCZ001       407     408     1.00           0.97    0.01     0.01    1.9       0.057      0.94%      
 NCZ001       408     409     1.00           1.35    0.37     0.16    8.7       0.226      1.53%      
 NCZ001       409     410     1.00           1.53    0.02     0.04    7.3       0.142      1.54%      
 NCZ001       410     411     1.00           0.98    0.30     0.08    7.4       0.255      1.16%      
 NCZ001       411     412     1.00           0.20    0.13     0.07    2.9       0.101      0.30%      
 NCZ001       412     413     1.00           0.45    0.40     0.10    4.0       0.192      0.65%      
 NCZ001       413     414     1.00           0.10    0.04     0.02    1.7       0.139      0.17%      
 NCZ001       414     415     1.00           0.21    0.02     0.02    2.6       0.113      0.27%      
 NCZ001       415     416     1.00           0.26    0.25     0.07    2.8       0.092      0.38%      
 NCZ001       416     417     1.00           0.33    0.03     0.01    1.1       0.005      0.33%      
 NCZ001       417     418     1.00           0.67    0.04     0.01    2.5       0.014      0.66%      
 NCZ001       418     419     1.00           0.60    0.03     0.01    2.2       0.013      0.58%      
 NCZ001       419     420     1.00           0.52    0.16     0.03    2.7       0.031      0.56%      
 NCZ001       420     421     1.00           0.38    0.06     0.02    2.9       0.019      0.40%      
 NCZ001       421     422     1.00           0.20    0.03     0.01    1.5       0.012      0.21%      
 NCZ001       422     423     1.00           0.46    0.06     0.01    2.2       0.011      0.46%      
 NCZ001       423     424     1.00           0.28    0.04     0.01    1.8       0.022      0.29%      
 NCZ001       424     425     1.00           0.52    0.04     0.01    2.2       0.044      0.53%      
 NCZ001       425     426     1.00           0.01    0.01     0.01    <0.5      <0.005     0.01%      
 NCZ001       426     427     1.00           0.01    0.01     0.01    <0.5      <0.005     0.02%      
 NCZ001       427     428     1.00           0.03    0.05     0.01    0.5       0.007      0.05%      
 NCZ001       428     429     1.00           0.32    0.04     0.01    1.4       0.019      0.33%      
 NCZ001       429     430     1.00           0.06    0.01     0.00    <0.5      0.007      0.06%      
 NCZ001       430     431     1.00           0.01    0.01     0.00    <0.5      <0.005     0.02%      
 NCZ001       431     432     1.00           0.01    0.03     0.00    <0.5      <0.005     0.02%      
 NCZ001       432     433     1.00           0.65    0.03     0.01    1.5       0.012      0.63%      
 NCZ001       433     434     1.00           0.08    0.01     0.00    <0.5      0.005      0.08%      
 NCZ001       434     435     1.00           0.04    0.01     0.00    <0.5      0.007      0.04%      
 NCZ001       435     436     1.00           0.00    0.02     0.00    <0.5      <0.005     0.01%      
 NCZ001       436     437     1.00           0.00    0.01     0.00    <0.5      <0.005     0.01%      
 NCZ001       437     438     1.00           0.01    0.01     0.00    <0.5      <0.005     0.01%      
 NCZ001       438     439     1.00           0.00    0.01     0.00    <0.5      0.007      0.01%      
 NCZ001       439     440     1.00           0.03    0.06     0.00    1.0       0.005      0.05%      
 NCZ001       440     441     1.00           0.00    0.05     0.02    <0.5      0.007      0.02%      
 NCZ001       441     442     1.00           0.00    0.01     0.00    <0.5      <0.005     0.00%      
 NCZ001       442     443     1.00           0.01    0.02     0.00    <0.5      <0.005     0.02%      
 NCZ001       443     444     1.00           0.00    0.03     0.00    <0.5      0.005      0.01%      
 NCZ001       444     445     1.00           0.04    0.04     0.01    0.7       0.031      0.07%      
 NCZ001       445     446     1.00           0.23    0.07     0.03    2.6       0.061      0.28%      
 NCZ001       446     447     1.00           0.15    0.17     0.17    4.7       0.112      0.29%      
 NCZ001       447     448     1.00           0.32    0.33     0.15    3.9       0.179      0.52%      
 NCZ001       448     449     1.00           0.00    0.02     0.00    <0.5      <0.005     0.01%      
 NCZ001       449     450     1.00           0.08    0.03     0.00    <0.5      <0.005     0.09%      
 NCZ001       450     451     1.00           0.00    0.01     0.00    <0.5      <0.005     0.00%      
 NCZ001       451     452     1.00           0.18    0.01     0.00    <0.5      <0.005     0.17%      
 NCZ001       452     453     1.00           0.10    0.02     0.00    <0.5      0.007      0.10%      
 NCZ001       453     454     1.00           0.19    0.05     0.01    0.9       0.048      0.22%      
 NCZ001       454     455     1.00           0.02    0.07     0.00    0.5       0.043      0.06%      
 NCZ001       455     456     1.00           0.55    0.06     0.01    2.3       0.077      0.57%      
 NCZ001       456     457     1.00           0.35    0.02     0.00    0.9       0.028      0.35%      
 NCZ001       457     458     1.00           0.75    0.02     0.01    1.7       0.02       0.72%      
 NCZ001       458     459     1.00           0.18    0.05     0.02    2.3       0.067      0.23%      
 NCZ001       459     460     1.00           0.06    0.02     0.01    1.9       0.077      0.11%      
 NCZ001       460     461     1.00           0.13    0.02     0.00    0.9       0.063      0.16%      
 NCZ001       461     462     1.00           0.50    0.04     0.02    3.9       0.224      0.59%      
 NCZ001       462     463     1.00           0.47    0.03     0.02    3.0       0.173      0.54%      
 NCZ001       463     464     1.00           0.17    0.02     0.01    2.1       0.163      0.25%      
 NCZ001       464     465     1.00           0.86    0.02     0.02    3.8       0.218      0.92%      
 NCZ001       465     466     1.00           0.70    0.07     0.02    3.0       0.126      0.74%      
 NCZ001       466     467     1.00           0.71    0.19     0.02    2.3       0.103      0.78%      
 NCZ001       467     468     1.00           0.55    0.06     0.02    1.9       0.065      0.57%      
 NCZ001       468     469     1.00           0.20    0.07     0.02    2.5       0.125      0.28%      
 NCZ001       469     470     1.00           0.09    0.11     0.02    2.7       0.106      0.18%      
 NCZ001       470     471     1.00           0.19    0.05     0.01    1.1       0.007      0.21%      
 NCZ001       471     472     1.00           0.16    0.03     0.01    1.8       0.039      0.19%      
 NCZ001       472     473     1.00           0.07    0.10     0.03    2.1       0.021      0.12%      
 NCZ001       473     474     1.00           0.19    0.09     0.04    3.4       0.119      0.28%      
 NCZ001       474     475     1.00           0.38    0.13     0.04    2.2       0.063      0.43%      
 NCZ001       475     476     1.00           0.18    0.08     0.01    1.5       0.037      0.22%      
 NCZ001       476     477     1.00           0.07    0.03     0.00    <0.5      0.011      0.08%      
 NCZ001       477     478     1.00           0.20    0.03     0.01    1.1       0.017      0.21%      
 NCZ001       478     479     1.00           0.08    0.04     0.01    0.5       <0.005     0.09%      
 NCZ001       479     480     1.00           0.03    0.02     0.01    <0.5      0.007      0.04%      
 NCZ001       480     481     1.00           0.01    0.03     0.00    <0.5      <0.005     0.01%      
 NCZ001       481     482     1.00           0.01    0.04     0.01    0.8       0.007      0.03%      
 NCZ001       482     483     1.00           0.03    0.04     0.05    0.8       0.042      0.07%      
 NCZ001       483     484     1.00           0.09    0.08     0.06    1.3       0.015      0.14%      
 NCZ001       484     485     1.00           0.06    0.01     0.00    <0.5      0.011      0.07%      
 NCZ001       485     486     1.00           0.13    0.55     0.30    1.7       0.019      0.36%      
 NCZ001       486     487     1.00           0.05    0.06     0.01    0.7       0.026      0.09%      
 NCZ001       487     488     1.00           0.01    0.01     0.01    <0.5      0.036      0.03%      
 NCZ001       488     489     1.00           0.01    0.10     0.17    0.7       0.029      0.09%      
 NCZ001       489     490     1.00           0.05    0.01     0.00    0.6       0.03       0.07%      
 NCZ001       490     491     1.00           0.00    0.03     0.00    <0.5      0.009      0.02%      
 NCZ001       491     492     1.00           0.10    0.04     0.01    0.7       0.019      0.12%      
 NCZ001       492     493     1.00           0.00    0.04     0.02    0.6       0.019      0.03%      
 NCZ001       493     494     1.00           0.08    2.10     0.75    3.4       0.022      0.85%      
 NCZ001       494     495     1.00           0.01    0.01     0.00    <0.5      <0.005     0.01%      
 NCZ001       495     496     1.00           0.01    0.02     0.00    <0.5      0.005      0.02%      
 NCZ001       496     497     1.00           0.03    0.01     0.01    0.5       0.072      0.07%      
 NCZ001       497     498     1.00           0.24    0.03     0.02    2.1       0.188      0.33%      
 NCZ001       498     499     1.00           0.20    0.04     0.03    1.3       0.052      0.23%      
 NCZ001       499     500     1.00           0.06    0.01     0.01    0.5       0.016      0.07%      
 NCZ001       500     501     1.00           0.12    0.02     0.01    0.6       0.021      0.13%      
 NCZ001       501     502     1.00           0.11    0.07     0.02    1.6       0.093      0.17%      
 NCZ001       502     503     1.00           0.08    0.34     0.08    2.2       0.096      0.24%      
 NCZ001       503     504     1.00           0.23    0.69     0.12    4.2       0.127      0.51%      
 NCZ001       504     505     1.00           0.11    0.81     0.13    5.3       0.187      0.47%      
 NCZ001       505     506     1.00           0.22    0.57     0.08    9.5       0.266      0.55%      
 NCZ001       506     507     1.00           0.64    0.20     0.02    4.3       0.19       0.76%      
 NCZ001       507     508     1.00           0.23    0.38     0.06    4.1       0.216      0.45%      
 NCZ001       508     509     1.00           0.22    0.54     0.12    6.2       0.235      0.52%      
 NCZ001       509     510     1.00           0.27    1.11     0.24    5.8       0.266      0.76%      
 NCZ001       510     511     1.00           0.41    1.28     0.37    8.1       0.425      1.04%      
 NCZ001       511     512     1.00           1.19    7.34     3.19    21.3      0.782      4.27%      
 NCZ001       512     513     1.00           2.50    2.07     0.54    30.2      1.41       3.78%      
 NCZ001       513     514     1.00           0.45    0.06     0.07    3.3       0.082      0.51%      
 NCZ001       514     515     1.00           0.01    0.01     0.00    <0.5      0.008      0.02%      
 NCZ001       515     516     1.00           0.01    0.01     0.00    <0.5      <0.005     0.01%      
 NCZ001       516     517     1.00           0.14    0.07     0.06    0.6       0.006      0.17%      
 NCZ001       517     518     1.00           0.05    0.22     0.03    0.7       0.016      0.12%      
 NCZ001       518     519     1.00           0.02    0.06     0.02    0.6       0.01       0.05%      
 NCZ001       519     520     1.00           0.07    0.01     0.00    <0.5      0.006      0.07%      
 NCZ001       520     521     1.00           0.02    0.01     0.00    <0.5      0.006      0.03%      
 NCZ001       521     522     1.00           0.01    0.01     0.00    <0.5      0.005      0.01%      
 NCZ001       522     523     1.00           1.80    0.03     0.05    5.6       0.029      1.74%      
 NCZ001       523     524     1.00           0.00    0.01     0.00    <0.5      <0.005     0.01%      
 NCZ001       524     525     1.00           0.00    0.01     0.00    <0.5      <0.005     0.00%      
 NCZ001       525     526     1.00           0.21    0.02     0.01    1.0       0.011      0.22%      
 NCZ001       526     527     1.00           1.23    0.02     0.01    4.3       0.022      1.18%      
 NCZ001       527     528     1.00           0.21    0.04     0.02    1.8       0.041      0.24%      
 NCZ001       528     529     1.00           0.01    0.08     0.16    1.1       0.011      0.08%      
 NCZ001       529     530     1.00           0.28    0.02     0.02    1.0       0.008      0.28%      
 NCZ001       530     531     1.00           0.01    0.05     0.01    <0.5      0.29       0.14%      
 NCZ001       531     532     1.00           0.01    0.01     0.00    <0.5      <0.005     0.01%      
 NCZ001       532     533     1.00           0.01    0.01     0.00    <0.5      0.005      0.01%      
 NCZ001       533     534     1.00           0.01    0.35     0.59    4.5       0.021      0.25%      
 NCZ001       534     535     1.00           0.00    0.01     0.01    <0.5      0.005      0.01%      
 NCZ001       535     536     1.00           0.00    0.01     0.00    <0.5      0.013      0.01%      
 NCZ001       536     537     1.00           0.06    0.01     0.00    <0.5      <0.005     0.06%      
 NCZ001       537     538     1.00           0.24    0.11     0.02    0.7       0.027      0.28%      
 NCZ001       538     539     1.00           0.00    0.02     0.00    <0.5      0.02       0.02%      
 NCZ001       539     540     1.00           0.04    0.01     0.01    0.8       0.032      0.06%      
 NCZ001       540     541     1.00           0.01    0.01     0.00    <0.5      <0.005     0.01%      
 NCZ001       541     542     1.00           0.01    0.01     0.00    <0.5      <0.005     0.01%      
 NCZ001       542     543     1.00           0.02    0.01     0.00    <0.5      <0.005     0.02%      
 NCZ001       543     544     1.00           0.06    0.01     0.00    <0.5      <0.005     0.06%      
 NCZ001       544     545     1.00           0.00    0.01     0.00    <0.5      <0.005     0.01%      
 NCZ001       545     546     1.00           0.00    0.01     0.00    <0.5      <0.005     0.01%      
 NCZ001       546     547     1.00           0.00    0.03     0.01    <0.5      <0.005     0.01%      
 NCZ001       547     548     1.00           0.07    0.02     0.01    0.7       <0.005     0.08%      
 NCZ001       548     549     1.00           0.04    0.02     0.00    <0.5      <0.005     0.04%      
 NCZ001       549     550     1.00           0.04    0.01     0.00    <0.5      <0.005     0.04%      
 NCZ001       550     551     1.00           0.10    0.01     0.00    <0.5      <0.005     0.10%      
 NCZ001       551     552     1.00           0.00    0.01     0.00    <0.5      <0.005     0.00%      
 NCZ001       552     553     1.00           0.10    0.02     0.01    1.1       <0.005     0.11%      
 NCZ001       553     554     1.00           0.21    0.01     0.01    2.0       <0.005     0.22%      
 NCZ001       554     555     1.00           0.08    0.01     0.00    <0.5      <0.005     0.08%      
 NCZ001       555     556     1.00           0.48    0.01     0.01    1.4       <0.005     0.46%      
 NCZ001       556     557     1.00           0.29    0.01     0.00    0.6       <0.005     0.28%      
 NCZ001       557     558     1.00           0.00    0.01     0.00    <0.5      <0.005     0.01%      
 NCZ001       558     559     1.00           0.13    0.04     0.04    <0.5      <0.005     0.14%      
 NCZ001       559     560     1.00           1.82    0.02     0.01    2.8       <0.005     1.71%      
 NCZ001       560     561     1.00           0.32    0.01     0.00    <0.5      0.009      0.31%      
 NCZ001       561     562     1.00           0.49    0.02     0.01    1.7       0.02       0.48%      
 NCZ001       562     563     1.00           1.98    0.03     0.01    3.7       0.021      1.88%      
 NCZ001       563     564     1.00           2.77    0.02     0.01    3.3       0.023      2.61%      
 NCZ001       564     565     1.00           3.43    0.02     0.01    4.0       0.045      3.24%      
 NCZ001       565     566     1.00           1.02    0.02     0.01    1.8       0.016      0.97%      
 NCZ001       566     567     1.00           0.35    0.03     0.01    1.3       0.015      0.35%      
 NCZ001       567     568     1.00           0.02    0.02     0.01    0.5       0.01       0.04%      
 NCZ001       568     569     1.00           0.37    0.06     0.02    1.4       0.031      0.39%      
 NCZ001       569     570     1.00           5.83    0.04     0.04    5.6       0.042      5.49%      
 NCZ001       570     571     1.00           6.81    0.02     0.00    6.4       0.033      6.39%      
 NCZ001       571     572     1.00           2.82    0.01     0.00    2.4       0.018      2.65%      
 NCZ001       572     573     1.00           5.46    0.01     0.00    4.8       0.026      5.12%      
 NCZ001       573     574     1.00           1.21    2.08     0.84    3.1       0.029      1.91%      
 NCZ001       574     575     1.00           0.77    0.02     0.02    1.0       0.008      0.73%      
 NCZ001       575     576     1.00           1.95    1.90     0.68    3.6       0.022      2.52%      
 NCZ001       576     577     1.00           2.34    11.35    4.67    14.5      0.141      6.47%      
 NCZ001       577     578     1.00           3.29    4.19     1.67    8.6       0.207      4.72%      
 NCZ001       578     579     1.00           2.44    14.50    6.51    11.4      0.083      7.78%      
 NCZ001       579     580     1.00           3.27    18.45    9.66    13.3      0.075      10.29%     
 NCZ001       580     581     1.00           1.45    8.70     5.08    5.8       0.036      4.86%      
 NCZ001       581     582     1.00           0.03    0.04     0.02    0.7       0.01       0.05%      
 NCZ001       582     583     1.00           0.01    0.04     0.02    0.6       0.008      0.03%      
 NCZ001       583     584     1.00           0.01    0.02     0.00    <0.5      0.005      0.02%      
 NCZ001       584     585     1.00           0.02    0.02     0.00    <0.5      0.013      0.03%      
 NCZ001       585     586     1.00           0.40    2.43     1.42    7.7       0.012      1.40%      
 NCZ001       586     587     1.00           0.00    0.01     0.00    <0.5      <0.005     0.01%      
 NCZ001       587     588     1.00           0.00    0.01     0.00    <0.5      <0.005     0.00%      
 NCZ001       588     589     1.00           0.00    0.01     0.00    <0.5      <0.005     0.00%      
 NCZ001       589     590     1.00           0.01    0.01     0.00    <0.5      <0.005     0.01%      
 NCZ001       590     591     1.00           0.00    0.02     0.01    <0.5      <0.005     0.01%      
 NCZ001       591     592     1.00           0.00    0.00     0.00    <0.5      <0.005     0.00%      
 NCZ001       592     593     1.00           0.00    0.01     0.00    <0.5      <0.005     0.01%      
 NCZ001       593     594     1.00           0.00    0.02     0.00    <0.5      <0.005     0.01%      
 NCZ001       594     595     1.00           0.00    0.02     0.00    <0.5      <0.005     0.01%      
 NCZ001       595     596     1.00           0.00    0.02     0.00    <0.5      <0.005     0.01%      
 NCZ001       596     597     1.00           0.00    0.02     0.00    <0.5      <0.005     0.01%      
 NCZ001       597     598     1.00           0.00    0.02     0.00    <0.5      <0.005     0.01%      
 NCZ001       598     599     1.00           0.00    0.02     0.00    <0.5      <0.005     0.01%      
 NCZ001       599     600     1.00           0.00    0.02     0.00    <0.5      <0.005     0.00%      
 NCZ001       600     601     1.00           0.00    0.01     0.00    <0.5      <0.005     0.00%      
 NCZ001       601     602     1.00           0.00    0.02     0.00    <0.5      <0.005     0.00%      
 NCZ001       602     603     1.00           0.00    0.01     0.00    <0.5      <0.005     0.00%      
 NCZ001       603     604     1.00           0.00    0.01     0.00    <0.5      <0.005     0.00%      
 NCZ001       604     605     1.00           0.01    0.02     0.00    <0.5      <0.005     0.01%      
 NCZ001       605     606     1.00           0.00    0.02     0.00    <0.5      <0.005     0.01%      
 NCZ001       606     607     1.00           0.01    0.01     0.00    <0.5      <0.005     0.01%      
 NCZ001       607     608     1.00           0.16    0.01     0.00    <0.5      <0.005     0.15%      
 NCZ001       608     609     1.00           0.01    0.01     0.00    <0.5      <0.005     0.01%      
 NCZ001       609     610     1.00           0.00    0.02     0.00    <0.5      <0.005     0.01%      
 NCZ001       610     611     1.00           0.10    0.02     0.00    <0.5      <0.005     0.10%      
 NCZ001       611     612     1.00           0.33    0.02     0.00    <0.5      <0.005     0.31%      
 NCZ001       612     613     1.00           0.58    0.03     0.02    0.5       <0.005     0.55%      
 NCZ001       613     614     1.00           0.54    0.02     0.01    <0.5      <0.005     0.51%      
 NCZ001       614     615     1.00           0.04    0.01     0.00    <0.5      <0.005     0.04%      
 NCZ001       615     616     1.00           0.05    0.00     0.00    <0.5      <0.005     0.04%      
 Total                        276.40                                                                  

 

* 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))

 

Zn equivalent calculated using following commodity prices: Zn – US$3350/t,
Cu – US$9523/t, Pb – US$2292/t, Ag – US$25.50/oz & Au – US$1850/oz

 

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

 

Sample analysis and QA/QC

 

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

 

Samples were analysed 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
Geostats Pty Ltd, Ore Research & Exploration Pty Ltd, OREAS and Natural
Resources Canada.

 

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

 

Anglesey is developing its 100% owned Parys Mountain Cu-Zn-Pb-Ag-Au 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 a49.75% interest in the Grängesberg Iron project in
Sweden, together with management rights. Anglesey also holds 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

 

 

 

LEI: 213800X8BO8EK2B4HQ71

 

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