Anax Metals' Exploration Success

Anax Metals (ASX:ANX) has announced significant exploration results from the Evelyn Project, part of the Whim Creek Project in Western Australia. High copper grades and new soil anomalies have been identified, indicating strong mineralization potential. These findings include a copper content of up to 14.6% in rock chip samples, along with the discovery of copper-zinc-cobalt anomalies.

Anax Metals' Strategic Exploration Plans

Anax Metals (ASX:ANX) has reported promising exploration results from the Evelyn Project, revealing high-grade copper and new soil anomalies. These findings highlight the polymetallic potential of the site, with rock chip samples showing significant copper, zinc, cobalt, gold, and silver values. The company plans to conduct reverse circulation drilling in early 2025 to further explore these targets. Anax aims to produce near-term copper and expand its assets in the Pilbara region. The company is also seeking a strategic partner to advance its exploration initiatives and establish a processing hub, aligning with their growth strategy in Western Australia.

Executive Commentary on Exploration Findings

We are thrilled with the exploration results at Evelyn South, which underscore the priority of this area for resource identification and growth of our project and processing hub,' said Anax's Managing Director, Geoff Laing.