With the Company's 2014 project acquisition in the Northern Territory, PNX Metals Limited (ASX:PNX) 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.
Mineral Resource upgraded: PNX Metals Limited (ASX:PNX) is pleased to announce an update to the total Mineral Resources at its 100% owned Hayes Creek Project containing the Iron Blow and Mt Bonnie zinc-goldsilver deposits, which are located on granted Mineral Leases within the Pine Creek region of the Northern Territory.
This morning the Australian shares dropped, led by energy and metals & mining stocks, after the US and European markets overnight closed lowered in quiet trade. Both the S&P/ASX200 Index and the broader All Ordinaries Index fell by approximately 0.7 per cent.
