Win for Met­als X

Pilbara News - - News - Stu­art McKin­non

Met­als X got a dou­ble dose of good news last week, with drilling po­ten­tially ex­tend­ing the life of its age­ing Nifty cop­per mine in the Pil­bara and the threat of strike ac­tion at a cop­per mine in Chile pos­si­bly de­liv­er­ing a short-term sup­ply crunch.

The miner said last Tues­day as­say re­sults from 20,000m of drilling around Nifty had con­firmed sig­nif­i­cant ex­ten­sions of min­er­al­i­sa­tion out­side ex­ist­ing min­ing ar­eas.

It ex­pects the drill re­sults to trans­late into an up­graded min­eral re­source es­ti­mate in Septem­ber.

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