Articles On PNX Metals (ASX:PNX)

The company is now finalising the EIS and incorporating updates related to the proposed carbon-in-leach process route, and tailings and water management.

The company is working towards formalising the recently announced $40 million joint venture proposal for the development of processing infrastructure at the Fountain Head Project.

Special Report: PNX Metals’ plans to move into gold production in the Northern Territory have received a major boost with the offer of up to $40 million in funding to develop its Fountain Head project as a central processing hub in the Pine...

The proposed investment will cover the anticipated capital required for development of gold processing infrastructure and related costs necessary to fast-track the project.

The Fountain Head and Tally Ho mineral resources are adjacent to each other on granted mineral leases 100%-owned by PNX.

An updated mineral resource estimate for Fountain Head is due shortly, which will inform pit optimisations and proposed mining schedules.

The company gave notice to PNX Metals Limited on April 11 that it had completed stage 2 of the farm-in and moved to a 90% position.

Remaining drill assays are pending with an updated mineral resource due in May 2020.

The company has funding in place to advance feasibility studies for the Fountain Head Gold Project.

The company will use the funds raised to advance feasibility studies and approvals for a heap leach operation.

Special Report:Raising capital at a premium to your share price would appear nigh on impossible in this market, but that is exactly what PNX Metals (ASX: PNX) has done with the help of German cornerstone investor Delphi. PNX, which is curre...

The Ladder-Vein West sits between the Fountain Head and Tally Ho lodes and could support early mining and an increase in gold resources.

An additional 3,000 metres of RC drilling has been completed in 2020 to support metallurgical test work, increase resource confidence and for mine development planning.

Drilling is ongoing to increase geological confidence in the Fountain Head gold resource, extend the known mineralisation and identify new areas with the potential to augment the current resource.

Ausmex Mining has gained 60 per cent control of PNX Metals Burra tenements in South Australia, while drilling work has also been suspended due to fire bans in the area. The company had undertaken drilling ending on December 17 2019 at the P...

Medea Natural Resources will assist with negotiating, structuring and arranging financing for the NT project.

Special Report: PNX Metals has indicated it could be producing gold from its Hayes Creek Project in the Northern Territory in just over 12 months as it swings focus onto proving up a heap leach operation based around the Fountain Head depos...

A new 8,000 metre RC and diamond drilling program has begun to support metallurgical test work, increase resource confidence and mine development planning.

Silver has often being described as the poor cousin of its far more popular precious metal stablemate, gold. And little wonder too, gold has traditionally acted as the hedge against economic uncertainty and has steadily risen in recent year...

Results confirm high-grade continuity at depth and along strike adjacent to the current resource envelope.

The company holds a significant base and precious metals tenement portfolio, primarily in the Northern Territory as well as in South Australia.

PNX Metals Limited (ASX: PNX) recorded Excellent metallurgical recoveries from its 100% owned Fountain Head Gold Project. Key Highlights Initial leaching testwork on Fountain Head samples returned excellent gold recoveries with low reagent...

A geotechnical study for a 1 million tonnes per annum heap leach facility has been scoped and detailed planning is progressing for further drilling centred on start-up mining at Fountain Head West.

Metal Bank (ASX:MBK) has reported drilling results at its southeast Queensland project, 8 Mile, which lies close to one of Evolution Mining’s (ASX:EVN) richest projects. At Metal Bank’s Flori’s Find prospect the best results included 16m at...

With gold currently in what analysts are calling a decade long bull run, now is the time to look at its trailing sister metal, silver, and the ASX stocks that have exposure. According to renowned economist and author Jim Rickards, we are in...

The board and management remain confident that continued exploration work will be successful in growing the resource base.

Drilling will be searching for a much larger and previously overlooked near-surface gold system.

Potential for future growth in resource remains through further drilling along strike.

Special Report: PNX Metals (ASX: PNX) has given the market a timely reminder of the quality of its Hayes Creek zinc-gold-silver project in the Northern Territory with the release of exceptional drilling results from the Iron Blow deposit. T...

POTENTIAL zinc-gold project developer PNX Metals has attracted strong market attention after reporting high grade zinc and gold drill intercepts from ...

Shares hit an intra-day high this morning of 1.4 cents, nearly triple yesterday’s closing price of 0.5 cents.

Advanced explorer PNX Metals (ASX: PNX) has pulled up wide, high-grade zinc, gold, silver, lead and copper mineralisation from diamond drilling at the Iron Blow deposit within the company’s Hayes Creek project in the Northern Territory’s Pi...

At the start of every trading day, it can be useful to know which stocks are humming out of the gate. Large percentage moves in small caps aren’t uncommon, but sometimes a big announcement can cause a stock to rocket higher (or fall). Stock...