Phoenix Global Mining reports significant copper intersections at US based copper mine

US-focused copper exploration and development company Phoenix Global Mining announced significant copper intersections alongside gold and silver by-products from its recently completed 28 drill hole reverse circulation and diamond drill programme at its Empire Copper Mine in the States.

The latest drilling results from the AP Pit oxide deposit inside the copper mine included 9.2m of 2.28% and 32m of 1.43% worth of copper intersections plus significant gold and silver by-products at 1.95g/t and 1.36g/t, respectively.

The company also reported that the first two diamond drill holes targeting the higher grade and deeper sulphide mineralisation was underway with results expected by the end of November 2017.

Commenting on the results, Dennis Thomas, the company's CEO, said the deeper sulphides underlying the AP Pit could consist of higher copper grades.

"I am also pleased to report that we have now begun drilling the first diamond drill hole targeting the deeper sulphides underlying the AP Pit. We believe these deeper sulphides have the potential to host higher copper grades, which could significantly enhance the potential of our project.

"Finally, we continue to be on track to deliver a new JORC Resource on the oxide resources in the AP Pit by the end of November 2017", said Thomas.