Anax Metals Limited (AU:ANX) has released an update.
Anax Metals Limited is advancing its flagship Whim Creek Copper-Zinc Project, which promises to be a robust polymetallic project and strategic processing hub in the Pilbara. With plans to initiate heap leaching in the project’s second year, funded by operational cashflow, and non-binding debt-funding proposals in place, Anax aims to produce an average of 12,000 tonnes of copper equivalent per year over an 8-year mine life. The company’s ongoing efforts include a Scoping Study to assess high-grade oxide ore treatment, contributing to the Whim Creek hub strategy and further exploration that has identified several base metal anomalies.
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