PNX Metals Limited is pleased to advise that it has identified a new
pathway to materially increase recoveries of gold and silver from the Iron Blow volcanogenic massive sulphide
(VMS) deposit.
Iron Blow, along with the Mt Bonnie VMS deposit and the Fountain Head gold prospect, collectively comprise
the Hayes Creek zinc-gold-silver project in the Pine Creek region of the Northern Territory.
The recently completed optimisation test work will feed into the definitive feasibility study as a new unit
process designed to capture additional gold and silver from the Iron Blow float tails that would otherwise remain
locked in the mineral lattice and therefore remain unrecoverable.