Phoenix Copper increases Empire Mine reserves by 31.5% to 13.27 million tonnes

Phoenix Copper Ltd, the AIM-listed US-focused base and precious metals exploration and development company, has announced an updated Mineral Reserve Statement for its Empire Open-Pit Mine in Idaho, reporting a 31.49% increase in ore tonnage compared with its inaugural reserve estimate published in May 2024.

The revised Proven and Probable reserves total 13.27 million tonnes, containing approximately 118.8 million pounds of copper, 134,600 ounces of gold and 5.41 million ounces of silver.