Chesterfield Resources plc said it had confirmed a high priority drill target from the discovery of a large new anomaly at its copper-gold-zinc-silver project in western Cyprus. The target, which the miner has named Olive, is a buried anomaly similar to the nearby historic Limni mine, which is recorded to have yielded 90,000 tons of […]
Tag: copper – gold – zinc – silver – Cyprus
Chesterfield trebles cash reserves
Chesterfield Resources plc reported that its cash position trebled last year while pre-tax losses rose for its copper-gold-zinc-silver assets in Cyprus. In its annual report and financial statement for the year ended 31 December 2020, the group reported cash of £2,438,856 (2019: £748,596) with pre-tax losses of £871,261 (£536,121). In June 2020, the group added […]
Chesterfield starts 2021 exploration in Cyprus
Chesterfield Resources plc announced it had started its 2021 exploration campaign for additional tonnage of base and precious metals in Cyprus. The company’s enlarged and integrated 2021 campaign has begun with a gravity survey on five main target areas, with approximately 800 survey points planned over 5 km2. An AMT survey will cover three main […]