Phoenix Copper Ltd (PXC) Ord NPV (DI)

Phoenix Copper Limited is a United Kingdom-based company, which is engaged in exploration and mining activities, primarily precious and base metals, primarily in North America. The Company is a copper-focused exploration and development company operating in Idaho. The Empire Copper Reserve, located near Mackay, Idaho, is its flagship exploration and development project. The Empire Open-Pit represents the portion of the copper deposit within approximately 120 meters of the surface, where oxidation over millennia has converted the sulfide material into copper oxides. The Company owns two strategically located properties on the Idaho Cobalt Belt in Lemhi County, Idaho - Redcastle and Bighorn. The Bighorn property, located at the northern end of the Idaho Cobalt Belt, is held by Salmon Canyon Resources. Bighorn is situated east of the historic Salmon Canyon copper cobalt underground mine and shares a common border with New World Resources’ Colson cobalt-copper project.