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Privacy Policy

2014-08-26T17:05:40+09:30

PNX Metals Limited respects your privacy. We have developed our own privacy principles, which embody the Australian Privacy Principles in the Privacy Act 1988 (Privacy Act). PNX Metals Limited also complies with the Spam Act 2003, which deals with restrictions on sending emails. We may modify this policy from time to time by publishing it on our website. We encourage you to check our website periodically to ensure that you are aware of the Company's current privacy policy. COLLECTING YOUR INFORMATION We collect personal information through the contact form of our website. Your personal details are used for communication only and are not stored or shared with any third parties.

Legal

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  LIABILITY PNX Metals Limited will not be liable and is not responsible to you or anyone else for any loss suffered in connection with the use of this website or any of the content. This includes, but is not limited to, the transmission of any computer virus. PNX Metals Limited makes no warranties or representations about this website or any of the content. We exclude, to the maximum extent permitted by law, any liability which may arise as a result of the use of this website, its content or the information on it. Where liability cannot be excluded, any liability incurred by

Homepage

2014-08-21T16:31:22+09:30

With the Company’s 2014 project acquisition in the Northern Territory, PNX Metals Limited now has a significant base and precious metals tenement portfolio in the Northern Territory, in particular at Hayes Creek, and in South Australia.  The Company aims to be a sustainable, profitable gold and base metals producer and successful explorer in the Pine Creek region of the Northern Territory. The Company has been renamed PNX Metals Limited, following approval by shareholders at the 2015 AGM and the updating of the company name with ASIC.  PNX Metals Limited was previously Phoenix Copper Limited. Northern Territory A Scoping Study over the Hayes Creek Project was completed in

Northern Territory

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HAYES CREEK PNX acquired the 14 mineral leases containing the Iron Blow and Mt Bonnie polymetallic deposits from Newmarket Gold NT Holdings Pty Ltd (‘Newmarket’) in 2014 (refer ASX release 18 August 2014 for full details of the acquisition and related farm-in agreement), and named it the Hayes Creek Project (Figure 1). The Project is located approximately 170km to the southeast of Darwin and is well positioned in regard to mining infrastructure, rail, road, high voltage powerlines, water, and Newmarket's mining operations. PNX’s goal is to establish an economic zinc-gold-silver mining project at Hayes Creek by 2019. Figure 1 -

Other Projects

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Leigh Creek Region The Company holds 2 exploration licences in the Leigh Creek area, to the south of its existing 3 mining leases at Mountain of Light, Mount Coffin, and Lynda/Lorna Doone (refer map below). PNX Exploration Licenses and nearby projects. Data from DSD South Australia's Major Operating Mines and Mineral Development Project, Resource Estimates and Production Statistics; and DSD SARIG database. PNX areas highlighted in red. Other Adelaide Geosyncline The Company completed a 14 hole, 1024 meter RC drill program at the Black Hill Gold prospect (Mongolata region) in August 2013.  Anomalous gold and copper was identified over a 3km strike length

Burra

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The Burra project is situated 150 km north of Adelaide within the Adelaide Geosyncline, 800m to the north-west of the historic Monster Mine on the outskirts of Burra. The reserve under the Mining Act remains in place over and in the near vicinity of the Monster Mine as shown in red on the map below. The Company has used an Induced Polarisation (IP) geophysical survey to define up to six target areas immediately along strike to the north and south of the historic Monster Mine. High-grade, near-surface copper sulphide mineralisation was intercepted at the Eagle Prospect (one of the northern

Yorke Peninsula Project

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PNX's Yorke Peninsula tenement holding of approximately 1,200 square kilometres over 4 tenements (EL4031 Minlaton, EL5491 Koolywurtie, EL5196 Coonarie, and EL4983 Weaver Hill) is located on the eastern edge of the Gawler Craton within the 'Olympic Domain', a world class copper/gold province. The Olympic Domain extends from the Yorke Peninsula in the south, to Prominent Hill in the north, and hosts the Hillside (337 Mt at 0.6% Cu, 0.14g/t Au), Moonta-Wallaroo (past production of >355,000t of Cu and 3.5t of Au ), Carapateena (800Mt at 0.8% Cu, 0.3g/t Au), Prominent Hill (178 Mt at 1.1% Cu, 0.7 g/t Au) and

People

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Graham Ascough Chairman Graham Ascough was appointed PNX Metals Limited's new Chairman on 7 December 2012. Graham Ascough (BSc, PGeo, MAusIMM) is a senior resources executive with more than 24 years of industry experience evaluating mineral projects and resources in Australia and overseas. He is currently non-executive Chairman of three other ASX listed companies: Mithril Resources Limited, Musgrave Minerals Limited and Avalon Minerals Limited. Mr Ascough, a geophysicist by training, has had broad industry involvement playing a leading role in setting the strategic direction for companies, completing financing and in implementing successful exploration programmes. He was also a Councillor of

Corporate Governance

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Overview PNX's broad vision is through innovative and successful exploration and entrepreneurial initiatives to become a base metal/gold producer providing exceptional value for shareholders, for the benefit of our employees and for the communities in which we work. PNX's Occupational Health Safety and Environment (OHS&E) vision is for safe exploration, safe operations and zero harm to our people and the communities in which we work. PNX will operate and manage so as to respect and minimise impact upon the environment in which we work and to preserve and where possible, enhance the specific features and values of our environment and

Investors

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Overview PNX’s broad vision is through innovative and successful exploration and entrepreneurial initiatives to become a base metal/gold producer providing exceptional value for shareholders, for the benefit of our employees and for the communities in which we work. PNX's Occupational Health Safety and Environment (OHS&E) vision is for safe exploration, safe operations and zero harm to our people and the communities in which we work. PNX will operate and manage so as to respect and minimise impact upon the environment in which we work and to preserve and where possible, enhance the specific features and values of our environment and

Mining

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Leigh Creek Assets PNX holds three mining leases located just north of Leigh Creek, which were acquired in 2010 along with a heap leach processing plant. The Company also holds two exploration licenses in this region, increasing the opportunity for additional mineral resources. The Company produced approximately 425 tonnes of copper cement during 2010 and 2011, however operations were put on care and maintenance at the beginning of 2012 due to low levels of copper recovery resulting in unprofitable operations. A JORC indicated resource across the three Leigh Creek mining leases remains of 19,600 tonnes at 0.9% copper (0.4% cut-off). In

Project Overview

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The Company's main focus is the Hayes Creek Zinc, Gold and Silver project in the Pine Creek region of the Northern Territory. The Company’s exploration focus shifted in 2014 from South Australia to the Pine Creek region of the Northern Territory following the acquisition of 14 Mineral Leases containing the Iron Blow and Mt Bonnie deposits, and entry into a farm-in agreement with Newmarket Gold NT Holdings Pty Ltd (previously named Crocodile Gold Australia Pty Ltd). The Company is farming-in to up to 90% ownership of 19 exploration licenses and 4 mineral leases over a total area of approximately 1700km2. In South Australia, PNX

Refer to PNX’s company page at www.asx.com.au for Announcements prior to 1 July 2014.