Polymetals Resources Ltd. (AU:POL) has released an update.
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Polymetals Resources Ltd has revealed promising drill results from its Endeavor Mine, indicating potential for enhanced ore extraction rates and revenue from the high-grade Upper North Lode. The results, which include significant intercepts of gold, silver, zinc, and lead, suggest the mine could exceed the production cashflows previously forecasted. With the mine poised to restart and generate first cashflows by the first half of 2025, these findings bolster the outlook for the mine’s initial 10-year life and early-stage revenue from multiple metals, including gold.
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