Metals & Minerals News

Chesterfield to start drilling in Troodos West

Chesterfield Resources plc said it would this week start diamond drilling at its copper-gold-silver-zinc assets in its Troodos West group of licences in Cyprus.

Chesterfield extended the survey programme which pushed back slightly the diamond drill schedule (Chesterfield Resources)

The programme is expected to cover approximately 2,000m of drilling.

The news follows February‘s announcement that the company had intersected two high grade mineralised zones on two separate targets.

SURVEYS

Executive chairman Martin French added that the company had just completed a series of extensive geophysics programmes involving four separate types of survey, conducted by specialist contractors from Spain and Germany.

The surveys covered a total area of more than 12km2 at the Troodos West licence area, taking readings from more than 1,500 individual survey stations.

“After several encouraging encounters, we decided to extend this survey programme which has pushed back our diamond drill schedule slightly, as we waited for the new results and interpretations to be delivered.

“The data has now been analysed and earthmovers have been working to create a series of drill pads for the diamond drill which is ready, in-country.

“We are excited to get drilling again. Two targets will be to follow up on our drilling last year which encountered high grade mineralisation.

“Other targets have been identified by this year’s geophysics programmes.”