Tenement purchase

Phoenix Copper Limited will expand its tenement holdings in the Burra region in northern South Australia when it completes the purchase of a significant tenement directly adjacent to its Spalding Project.

The company has agreed, subject to necessary ministerial approval, to purchase tenement EL3244 from Flinders Mines Limited (FMS). The 209 km2 tenement is in two parts, the western part of which lies immediately north of the Company's Spalding tenement, EL3686. Read more ...

Activities report to shareholders

Extract from Phoenix Copper Limited Report to Shareholders June Quarter 2009:
“At Princess Royal - 1,957 FPXRF analyses and 12 rock chip samples were taken during the period. This work defined a 3 km long NNW trending anomaly centered on the old Princess Royal Mine. This recent sampling has covered most of the prospective stratigraphy between the old workings at the Burra Monster Mine and Princess Royal and has identified two new copper anomalies:

• Stein Hill, a two km long north north west striking anomaly with copper values to 2200ppm centred 1km south of Stein Hill; and
• Burra Creek, a 5km long north north west striking anomaly with copper values to 2022ppm in the creek between Burra and the Princess Royal homestead.”

Click to read the full report.

Tenement holdings continue to increase

When Phoenix Copper first listed on the ASX with 5 Exploration Licences and 2 Exploration Licence Applications in South Australia covering 1,573 sq kms your Board had a great deal of confidence in the unique package of tenements that had been acquired.

Phoenix Copper now has eight tenements and three exploration license applications covering an area in excess of 2450 km2 in the historically significant and highly prospective Burra and Yorke Peninsula regions of South Australia.

EL No	EL Name	Registered Holder / Applicant	Area km2	Application / Grant Date
4226	Burra Central	Phoenix Copper Limited	84	24/02/09
3604	Burra West	Phoenix Copper Limited	86	25/07/06
3716	Burra North	Phoenix Copper Limited	300	6/03/07
4233	Mongolata	Phoenix Copper Limited	283	10/03/09
3686	Spalding	Phoenix Copper Limited	157	2/01/07
4031	Minlaton	Wellington Exploration Pty Ltd	547	21/01/08
4032	Mount Bryan	Wellington Exploration Pty Ltd	116	21/01/08
3549	Princess Royal	Phoenix Copper Limited	314	1/05/06
ELA 33/09	Mt Tinline	Phoenix Copper Limited (Application)	197	27/12/08
4291	Bagot Well	Phoenix Copper Limited	114	2/04/09
ELA 155/09	Koolywurtie	Phoenix Copper Limited (Application)	255	3/06/09
ELA 255/09	Redbanks	Phoenix Copper Limited (Application)

Prospectus

Phoenix Copper Limited listed on the ASX on the 12th of February 2008. To view the document which helped us raise the $6.7 million please click on the download button to view the Company’s Prospectus.

Phoenix Copper Limited was delighted that so many people wanted to be part of the resurgence of the Burra region, one of Australia’s premier mining addresses.