Polymetals Resources Advances New South Wales Silver-Zinc Mine Restart

MT Newswires Live

04/02

Polymetals Resources (ASX:POL) said it is progressing the restart of its Endeavor silver-zinc mine in New South Wales and it expects commissioning to occur in April and first ore processing in May, according to a Wednesday Australian bourse filing.

The firm is on track to deliver its first cash flow during the June quarter, per the filing.

The exploration team completed plans to acquire 18 line-kilometres of induced polarisation geophysics over high-priority prospects.

These surveys, set to commence in the second quarter, will be followed by geological mapping and surface geochemistry to define new drill targets.

Its shares rose past 7% on market close Wednesday,

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