Summit Minerals Expands antimony focus, secures new tenement in NSW
- Summit Minerals (SUM) secures the Magwood tenement, expanding its antimony footprint in New South Wales
- The new tenement includes the historic Magwood antimony mine, which historically produced around 5000 tonnes of antimony concentrate at an average grade of 8.3 per cent stibnite
- SummitManaging Director Jonathan King says there remains significant untapped potential at the tenement
- The company confirms its future exploration will focus on the historically-worked antimony, gold, and copper mineralisation, commencing at Magwood
- Shares in SUM are down 4.29 per cent, trading at 17 cents at 11:39 am AEDT
