Phoenix Copper Limited (ASX: PNX) is pleased to report that assay results from a further three RC holes drilled at the Mount Bonnie deposit have been received and continue to demonstrate grade and continuity within the deposit along with the potential of continuing mineralisation to the north-west. Highlights include 15m @ 6.99% Zn, 0.78g/t Au, 157g/t Ag, 0.50% Cu, and 1.14% Pb from 54m in MBRC016