Polymetals Resources Ltd
Polymetals Resources Ltd is a mining company developing the high-grade Endeavor silver zinc lead mine within one of Australia polymetallic mineral provinces, the Cobar Basin, New South Wales, Australia.
The business
Polymetals Resources Ltd is a mining company developing the high-grade Endeavor silver zinc lead mine within one of Australia polymetallic mineral provinces, the Cobar Basin, New South Wales, Australia. The Company’s Endeavor Silver-Zinc-Lead Mine is situated in the Cobar structural zone and is located approximately 30 kilometers (km) north of the CSA Copper Mine and 40 km north-west of Cobar in central New South Wales (NSW). The Endeavor Project covers an area of approximately 1,107 square kilometers (km2) in the northern part of the Cobar Basin located in Central Western NSW. The Company’s tenements include approximately five mining leases, three exploration licences and a pastoral lease. Its mining lease tenements include ML 158, ML 159, ML 160, ML 161, and ML 930. Its exploration license tenement includes EL 5785, EL 8583, and EL 8752.
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Latest news
Polymetals Resources targets early 2025 cash flow with high-grade Endeavor intercepts
Polymetals Resources (ASX: POL) has obtained what it describes as “exceptional” silver and gold intercepts from new drilling at its Endeavor mine in Cobar, New South Wales. Highlights from geotechnical drilling of Endeavor’s high-grade Upper North Lode (UNL) include 67.1 metres at 517 grams per tonne silver equivalent and 45m at 2.01g/t gold. The results […]
Polymetals Resources completes phase two drilling at Alahiné gold project
Polymetals Resources (ASX: POL) has reported a clean safety and environmental record following the completion of a phase two drilling program at its 100% owned Alahiné gold project in Guinea’s prospective Siguiri Basin. Managed by Australian-based West African contractor Target Drilling, the five-week program comprised 94 aircore (AC) holes for a total 6,840m as well […]
Polymetals Resources extends drilling program at Alahiné following initial success
With first drill samples on their way to the SGS laboratory in Mali, Polymetals Resources (ASX: POL) has extended the phase two exploration program at its Alahiné project in Guinea. The company has completed 5,200m of drilling comprising three reverse circulation holes and 68 aircore holes. Deep weathering at Alahiné resulted in greater than anticipated […]
Polymetals Resources completes busy June quarter with ASX debut and phase two drilling
West African-focused explorer Polymetals Resources (ASX: POL) rounded out a busy June quarter with an ASX debut and commencement of a phase two exploration program at the Alahiné gold project in Guinea’s Siguiri Basin. The company embarked on 5,100m of combined aircore and reverse circulation drilling to test artisanal gold diggings enclosed by 40 parts […]
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