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Gold hunt begins in Wales

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Tuesday, 21st June 2005 (7686 views)

Anglesey Mining has announced it has begun its search for gold and other metals on Parys Mountain in Anglesey, Wales.<br/><br/>Exploration has now begun at the site, following the raising of funds by Anglesey to finance the work, according to the Western Mail.<br/><br/>Current exploration and drilling is looking to ascertain gold grades in the northern copper-rich zone.<br/><br/>So far 148 metres have been drilled and an early feasibility study has suggested around 175kg of gold could be extracted each year.<br/><br/>At present Anglesey has planning permission for a mine from which 1,000 tonnes of gold could be extracted per day.<img alt="track" src="http://directnews.dehavilland.co.uk/dn.gif?feedid=196&itemid=8797799"/>

 

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