Satellite and geological analysis from Satellite Applications Catapult and the British Geological Survey has flagged four areas warranting further exploration at Anglesey Mining's Welsh polymetallic project.
The Parys Mountain developer posted a £2.08m profit for the year to March 2026, driven by a balance sheet restructuring that eliminated its debt and refocused the business on its sole Welsh mineral asset.
Management has laid out the case for its Parys Mountain copper-zinc project as UK critical minerals policy and a cleaned-up balance sheet reposition the decades-old brownfield asset.
The UK explorer has retained a chartered geologist with two decades of VMS and UK mine development experience to lead technical work at its Parys Mountain project.
Two geologists have begun a review of the mineral resource estimate at the Parys Mountain copper-zinc project in North Wales.
Anglesey Mining has named Andrew Fulton as CEO as it completes an initial drone aero-magnetic survey that it says shows anomalies consistent with VMS extensions at its 100% owned Parys Mountain project and reports net debt of about £100,000.