Caerus Mineral Resources plc said hand augur drilling and pitting had returned consistently anomalous gold assay results from the Mala pyrite dump in Cyprus. MALA The gold-bearing pyrite dump is a consolidated mass difficult to penetrate due to the high pyrite content. Caerus’ exploration team excavated a hand dug pit followed by hand auger drilling from […]
Tag: Caerus Mineral Resources plc
Caerus results indicate new Troulli mineralised zone
Caerus Mineral Resources plc said that recent drill results indicated an extension to copper-gold mineralisation at the Troulli project in Cyprus. PLANT DESIGN The company and its joint venture partner Bezant Resources plc received assays for eight out of ten recently completed drillholes. Caerus highlighted hole TRDD030 intersection of high-grade copper – gold mineralisation over a “notable […]
Caerus-Bezant to expand Troulli copper project
Caerus Mineral Resources plc and its joint venture partner Bezant Resources plc said they planned to expand the Troulli copper project in Cyprus. The project is a strategic hub comprising the Troulli, Anglisides and Kokkinopetra licences. ANGLISIDES Anglisides lies near Troulli and is a potential satellite resource from which ore could be fed into any […]
Caerus notes initial 4.9Mt hard rock MRE at Troulli
Caerus Mineral Resources plc reported total hard rock resource estimate of 4.9 million tonnes at its joint venture copper-gold project with Bezant Resources plc in Troulli, Cyprus. DATA The input databases for the waste dumps and hard rock estimates included: – 72 diamond and open hole percussion drillholes, totalling 3,393.30 metres and 208 trench channels for 692.17m. […]
Caerus notes further anomalous gold from Mala dumps
Caerus Mineral Resources plc reported further anomalous gold values in the waste dumps at Mala in Cyprus. RESULTS Hand auger sampling of mine waste dumps returned anomalous gold grades. Caerus said that 80% of the total number of gold assays received returned anomalous results above 0.29g/t gold. Percentage of samples exceeding the required grade (%) Grade […]
Caerus ends phase II drilling with MRE due for Troulli
Caerus Mineral Resources plc announced it had completed Phase II drilling at its joint venture copper-gold mine development project in Troulli in Cyprus. PHASE II Phase II drilling focused on the epithermal gold target and potential extension to the former Troulli volcanogenic massive sulphide (VMS) deposit. Borehole No. From (m) To (m) Mineralised Interval(m) End of […]