{"id":475958,"date":"2021-04-14T07:03:46","date_gmt":"2021-04-14T11:03:46","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/phoenix-copper-limited-land-holdings-increased-by-1160-acres-at-empire-mine-idaho\/"},"modified":"2021-04-14T07:03:46","modified_gmt":"2021-04-14T11:03:46","slug":"phoenix-copper-limited-land-holdings-increased-by-1160-acres-at-empire-mine-idaho","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/phoenix-copper-limited-land-holdings-increased-by-1160-acres-at-empire-mine-idaho\/","title":{"rendered":"Phoenix Copper Limited: Land holdings increased by 1,160-acres at Empire Mine, Idaho"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">LONDON<\/span>, <span class=\"xn-chron\">April 14, 2021<\/span> \/PRNewswire\/ &#8212; Phoenix Copper Ltd (AIM: PXC, OTCQX: PXCLF), the AIM quoted <span class=\"xn-location\">USA<\/span> focused base and precious metals emerging producer and exploration company, is pleased to announce the addition of 58 unpatented lode claims and 56 unpatented mill site claims to the Empire Mine claim group to expand the operational footprint of the proposed ore haulage route and processing area. \u00a0The Company&#8217;s land holdings can be viewed on the <span class=\"xn-location\">Phoenix<\/span> website at <a target=\"_blank\" href=\"http:\/\/www.phoenixcopperlimited.com\/\" rel=\"nofollow noopener\">www.phoenixcopperlimited.com<\/a>. \u00a0\u00a0\u00a0<\/p>\n<p>\n        <b><br \/>\n          <span class=\"xn-person\">Ryan McDermott<\/span>, Chief Executive Officer, commented: <\/b>\n      <\/p>\n<p>&#8220;We recently added 1,160-acres of unpatented claims to the Empire claim group.\u00a0 The additional acreage is comprised of 58 lode claims and 56 mill site claims located east of the Empire Mine on lands between the proposed open-pit and the processing area.\u00a0 These additional claims will allow us to make adjustments in the size and position of the haulage routes and ancillary processing areas, and as our engineers work through the design planning phase and adjust for topography, slope, and other design parameters.\u00a0 <\/p>\n<p>&#8220;The addition of the new claims has increased the Company&#8217;s total holdings from 5,717-acres to 6,877-acres.&#8221;\u00a0 <\/p>\n<p>\n        <b>Empire Mine Polymetallic Open Pit Oxide Deposit \u2013 <span class=\"xn-location\">Mackay, Idaho<\/span><\/b>\n      <\/p>\n<p>In <span class=\"xn-chron\">October 2020<\/span>, an updated NI 43-101 compliant resource was completed by Hardrock Consulting (HRC) and reported for the polymetallic Empire Mine open pit oxide deposit. The updated resource showed a 51% increase in the Measured and Indicated category from the previous year&#8217;s resource. Including the Inferred resources, the Empire open-pit oxide deposit now contains 129,641 tonnes of copper, 58,440 tonnes of zinc, 10,133,772 ounces of silver and 355,523 ounces of gold.<\/p>\n<p>\n        <span class=\"xn-location\">Phoenix<\/span> is making progress with the feasibility and permitting of the polymetallic resource, most recently completing three years of environmental studies directly applicable to the permitting and mine planning.\u00a0 Discussions are underway with potential debt financiers to construct the project, with a production target for late 2022.<\/p>\n<p>\n        <b>Contacts<\/b>\n      <\/p>\n<p>For further information please visit <a target=\"_blank\" href=\"http:\/\/www.phoenixcopperlimited.com\/\" rel=\"nofollow noopener\">www.phoenixcopperlimited.com<\/a> or contact:<\/p>\n<div>\n<table id=\"convertedTable7afe\" cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prnsbt0 prnsbr0 prnbcc prnsbb0 prnsbl0\">\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Phoenix Copper Limited<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Ryan McDermott<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Tel: +1 208 954 7039\u00a0<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Dennis Thomas<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Tel: +44 7827 290 849<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">\u00a0Richard Wilkins<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Tel: +44 7590 216 657<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=LN41354&amp;sd=2021-04-14\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/phoenix-copper-limited-land-holdings-increased-by-1-160-acres-at-empire-mine-idaho-301268140.html\">http:\/\/www.prnewswire.com\/news-releases\/phoenix-copper-limited-land-holdings-increased-by-1-160-acres-at-empire-mine-idaho-301268140.html<\/a><\/p>\n<p>SOURCE  Phoenix Copper Limited<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=LN41354&amp;Transmission_Id=202104140700PR_NEWS_USPR_____LN41354&amp;DateId=20210414\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire LONDON, April 14, 2021 \/PRNewswire\/ &#8212; Phoenix Copper Ltd (AIM: PXC, OTCQX: PXCLF), the AIM quoted USA focused base and precious metals emerging producer and exploration company, is pleased to announce the addition of 58 unpatented lode claims and 56 unpatented mill site claims to the Empire Mine claim group to expand the operational footprint of the proposed ore haulage route and processing area. \u00a0The Company&#8217;s land holdings can be viewed on the Phoenix website at www.phoenixcopperlimited.com. \u00a0\u00a0\u00a0 Ryan McDermott, Chief Executive Officer, commented: &#8220;We recently added 1,160-acres of unpatented claims to the Empire claim group.\u00a0 The additional acreage is comprised of 58 lode claims and 56 mill site claims located east of the Empire Mine on lands &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/phoenix-copper-limited-land-holdings-increased-by-1160-acres-at-empire-mine-idaho\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Phoenix Copper Limited: Land holdings increased by 1,160-acres at Empire Mine, Idaho&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-475958","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Phoenix Copper Limited: Land holdings increased by 1,160-acres at Empire Mine, Idaho - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/phoenix-copper-limited-land-holdings-increased-by-1160-acres-at-empire-mine-idaho\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" 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