News

Drilling has commenced at the Hayes Creek Project in the Pine Creek region of the Northern Territory, comprising 1,000 metres of diamond drilling (4 holes) targetting the Iron Blow and Mount Bonnie deposits

Phoenix Copper Limited is pleased to announce the satisfaction of the final conditions precedent related to the acquisition of 15 mining leases at the Hayes Creek project in the Northern Territory

2014 AGM to be held 10:30am Thurs 20 Nov 2014 at Suite 6, 60 Hindmarsh Square, Adelaide

Offer Memorandum for the one for two Rights Issue announced 25 September 2014.  Key dates include the Record Date of 1 October 2014, Opening Date of 7 October 2014 and Closing Date of 16 October 2014 (5pm Adelaide time)

Phoenix Copper is pleased to announce a partially underwritten one for two non-renounceable pro-rata Rights Issue at an issue price of 2.3 cents to raise approximately $2.7 million before costs

Phoenix Copper is pleased to announce that assay results from rock chip samples taken on a recent reconnaissance field visit in the Northern Territory returned high values of base and precious metals.

Crocodile Gold Corp. has entered into a sale agreement with Phoenix Copper Limited to sell 100% of the Iron Blow and Mount Bonnie massive sulphide deposits for a 2% royalty in respect of any gold and silver production from the related tenements.

Phoenix Copper has signed an agreement to acquire 100% of the Iron Blow and Mount Bonnie deposits from Canadian-listed gold producer Crocodile Gold Corp, and to earn up to a 90% interest in the nearby Burnside, Moline and Maud Creek base metals and gold exploration projects in the Northern Territory.

Phoenix Copper is pleased to report that a new surface geochemical copper anomaly has been identified directly south of the Burra Township in South Australia coincident with an existing geophysical anomaly. With all access approvals granted, the exploration team has undertaken field work at the newly named Condor prospect.  

Clean TeQ Holdings Limited (ASX:CLQ) advises that the purchase of the wholly owned subsidiary Leigh Creek Copper Mine Pty Ltd (LCCM) from Phoenix Copper Limited (ASX:PNX) has not proceeded.

Phoenix Copper Limited (ASX:PNX) advises that the sale of its wholly owned subsidiary Leigh Creek Copper Mine Pty Ltd (LCCM) to Clean TeQ Holdings Limited (ASK:CLQ) has not been completed.

Phoenix Copper Limited (ASX:PNX) advises today that it has acquired further shares in Avalon Minerals Limited increasing its relevant interest in Avalon to 10.4%. A notice of change in substantial holding, Form 604, is attached to this announcement.

Phoenix Copper Limited is pleased to announce that it has signed a non-binding term sheet with Clean TeQ Holdings Limited (ASX:CLQ) for the sale of Phoenix's wholly owned subsidiary Leigh Creek Copper Mine Pty Ltd ("LCCM").

Clean TeQ Holdings Limited (ASX:CLQ) is pleased to announce the signing of a non-binding terms sheet with Phoenix Copper Limited to acquire 100% of the issued capital of Leigh Creek Copper Mine Pty Ltd ("LCCM").

Phoenix Copper Limited is pleased to announce the receipt of $350,000 by way of share placements to sophisticated investors. A total of 7,777,778 shares will be issued at a price of 4.5 cents, with funds raised to be used for working capital purposes.

Phoenix Copper Limited is pleased to advise that Reverse Circulation drilling has commenced to test gold targets at the company's wholly owned Black Hill Prospect. Black Hill is situated approximately 22km to the north-east of Burra in South Australia within the Mongolata Goldfields.

Phoenix Copper Limited is pleased to announce that it has secured unconditional agreements for $600,000 in funding through the issue of convertible notes and has also received its Research & Development claim for the 2012 tax year of $391,000 and disposed of non-core assets, for total proceeds of approximately $1 million.

Phoenix Copper Limited is pleased to announce that results from its recently completed Yorke Peninsula shallow drilling programme have returned anomalous base metal geochemistry from altered rocks indicative of Iron Oxide Copper Gold (IOCG) mineralisation at the Balgowan and Cross Prospects.

Phoenix Copper Limited is pleased to announce that drilling has commenced on its flagship Iron Ore Copper Gold (IOCG) project on the Yorke Peninsula, South Australia.

Phoenix Copper Limited, a copper explorer and development company, is pleased to provide an update on drilling and geophysical work from its Eagle Prospect at the Burra Project located 125km north of Adelaide in South Australia.