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 […]
Tag: copper
Oriole marks ‘bounce-back year’ for Africa gold portfolio
Oriole Resources plc said it had started the year in a strong position after a successful 2021 for its gold portfolio in Africa and copper-gold interests in Turkey. FINANCES In its final results for the year ended 31 December 2021, the company reported funds of £2.43 million to allow £1.78m of direct exploration expenditure in Cameroon. Oriole recorded […]
Kavango identifies two strong conductor targets at KSZ, Botswana
Kavango Resources plc said it had identified two strongly conductive geophysical targets near borehole KSZDD002 at the Kalahari Suture Zone (KSZ) copper-nickel-PGM project in Botswana. DEVELOPMENTS The company had originally assumed that there was a single conductive conductive body. Kavango has now completed KSZDD002 to the target depth of 650m and a successful downhole Time […]
Kavango extends deadline for Molopo acquisition
Kavango Resources plc announced an extension to the exclusive three-month option to acquire 85.23% of Kalahari Key Mineral Exploration Pty Ltd (KKME) in Botswana. DATE KKME is a private company, which currently owns 100% of prospecting licences PL310/2016, PL311/2016 and PL202/2018 known as the Molopo Farms project. The exploration project is focused on nickel, copper […]
Caerus appoints Nigel Chapman as COO in Cyprus
Caerus Mineral Resources plc has appointed Nigel Chapman as chief operating officer for the company’s Cypriot operations. The company added that the COO role was not a board-level position.
Caerus receives encouraging assays for copper-gold JV in Troulli
Caerus Mineral Resources plc and its joint venture (JV) partner Bezant Resources plc said they had received encouraging assays from dump sampling and drilling at Troulli, Kokkinapetra and Anglisides in Cyprus. TROULLI The company reported that stockpile sampling returned a consistent average copper grade of 1.2% Cu over more than 639 metres of trenching with sections […]