logo-loader
PNX Metals Ltd

PNX Metals drilling prospects near Hayes Creek Project as DFS continues

PNX Metals Ltd (ASX:PNX) managing director and CEO James Fox speaks to Proactive Investors about the multi-commodity exploration and development company's Northern Territory operations. The company is focused on the development of its flagship Hayes Creek zinc-gold-silver project, and exploration at a number of neighbouring sites. 

Fox says, "everything that we do in the Northern Territory - with our exploration strategy, with the project development strategy - is all tied into the same thing. We're looking to enhance and expand our resource base, improve the very good economics of the project, and make it bigger, better, stronger, fitter, faster."

A drilling program is underway at the Fountain Head prospect, with first assay results due in a matter of weeks. A maiden drilling program is also set for the Kilfoyle prospect later this year, which will be 50% funded by the state government. In the meantime, funding and development works at Hayes Creek are ongoing, as PNX Metals continues its Definitive Feasibility Study (DFS) there.

Quick facts: PNX Metals Ltd

Price: $0.01

Market: ASX
Market Cap: $19.48 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of PNX Metals Ltd named herein, including the promotion by the Company of PNX Metals Ltd in any Content on the Site, the Company receives from...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Full interview: Altech Chemicals progresses HPA plant construction in...

Altech Chemicals Ltd (ASX:ATC) managing director Iggy Tan updates Proactive on HPA plant construction activities at the company’s high purity alumina (HPA) plant site in Johor, Malaysia. The majority of Stage 1 construction is nearly complete, the workshop building and OSD Tank walls have...

12 hours, 46 minutes ago

2 min read