A REVIEW of ore deposits at a copper mine on Anglesey has returned encouraging results.

It is hoped that 75,000 tonnes of copper can be extracted at Parys Mountain, near Amlwch, within the next 12 years, while deposits of zinc, lead, silver and gold were also confirmed.

The mountain was formerly the world’s largest copper mine.

Anglesey Mining has planning permission for the site but must renew permits, undertake environmental assessments, and secure finance.

Once this is all in place, a new processing plant must be built before mining operations can begin.

In his half-yearly report, Anglesey Mining chairman, John F Kearney, said: “I firmly believe that Anglesey is positioned very strongly to advance its two key assets at Parys Mountain and Grängesberg over the next year.

“At Parys Mountain, the ongoing work programmes including a mineral resource update for the White Rock and Engine Zones, additional metallurgical testwork and environmental studies will continue to advance the project through the production studies and permitting phases.

“Additionally, the initial review of the Northern Copper Zone suggests that the system could be significantly larger than currently modelled, although this will require additional drilling to test prospective areas.

“I remain very confident that the assets held by Anglesey will deliver significant value as they continue to be progressed over the next year.”