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Phoenix Global Mining Phoenix Increases Empire Mine Land Position by 3,880 Acres Event Phoenix Global Mining (“Phoenix”) has announced a threefold increase in its Empire Mine land holding, to the north and west of the Horseshoe Claim Block at Windy Devil and at Navarre Creek. 194 new claims have been staked covering extensions to known mineralisation. Highlights This highlights of the land acquisitions are: • The Company has increased its Empire Mine land position by 3,880 acres, and now has a total land package of 5,717 acres (from 7.43 to 23.14 square kilometres) by staking and filing 194 new unpatented claims in two blocks. • The Windy Devil claim block, contiguous with the Horseshoe Block, covers the identifiable extensions of the Horseshoe Block mineral trends and includes more than 30 historical prospects, shafts, and adits. The 2018 Horseshoe sampling results reported grades as high as 9.19% copper, 580 g/t silver, 2.02 g/t gold, and 20% lead in surface rock chips. • The Navarre Creek Block covers an area of secondary alteration thought to be epithermal in nature and includes over 2.5-km of highly brecciated, west-trending jasperoid intersecting of argillically and silicically altered Eocene Challis volcanics. The altered volcanic rocks are similar to the mineralised rocks in northern Nevada such as those found in the Carlin Trend. Comment Phoenix has increased its land package around the Empire Mine by approximately 6 square miles. The Windy Devil claim is directly to the north of the Horseshoe Block and the Empire, Horseshoe and Windy Devil claims form one contiguous package. Surface sampling on the Horseshoe block during the summer of 2018 was very encouraging with high grade rock chip samples and the extension of the orebody is seen to extend into the Windy Devil claim block, where there are more than 30 historical shafts, adits and prospects to be investigated and sampled. There are also a number of folds, both known and inferred that extend from the Horseshoe Claim onto the Windy Devil claim, and with the old Horseshoe Mine and White Knob Mine both located towards the north-west of the Horseshoe Claims, it makes perfect sense to ensure that any potential mining activities in these areas are unconstrained by accessibility. The Navarre Creek Block to the west was also recognised during the 2018 field season as a highly prospective target area based on the classic hot springs style alteration evident on the surface. The presence of a 2.5- kilometre long, highly brecciated jasperoid occurrence within the claim block suggests favourable structural geology for gold mineralisation similar to the Carlin Trend in Nevada.
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