Phoenix Copper Limited is pleased to announce that visible disseminated copper sulphides have been found over 9.7m total length from 99.8m to 109.4m in diamond hole PCD0038, at the Burra North Project including two significant zones of chalcopyrite each 0.6m wide. This, the fourth in the a program of seven holes, was completed to 120.95m on 22nd March 2012.