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. […]
Tag: copper
Altus revenue reaches $1.7m from Newcrest royalties
Altus Strategies plc reported copper and gold royalty revenues of US$1.7 million (pre-tax) in the first quarter since acquiring the royalties portfolio from Newcrest Mining Ltd. INTERESTS The company currently owns 33 royalty interests including royalties on four producing mines of the Caserones copper mine in Chile, the South Kalgoorlie Operations (SKO) gold mine and […]
Chesterfield nears listing Adeline in N. America
Chesterfield Resources plc is a step closer to North American listing after publishing its NI 43-101 technical report on the Adeline copper project in Labrador, Canada. PROGRAMME The company said that the report was a key component of its application for a secondary listing on the TSX-V exchange in Canada and on the OTC market […]
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 […]
Cornish Tin plans crowdfunding for Great Wheal Vor
Cornish Tin Ltd plans to raise finance via crowdfunding for its tin-copper-lithium-tungsten project at Great Wheal Vor near the village of Breage in Cornwall. FULL RIGHTS The company’s first and flagship project is the group of 26 former producing tin and copper mines in the mining district of Breage. Cornish Tin owns full rights to extract […]
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 […]