8th Jun 2022 12:39
Bezant Resources PLC - copper and gold project developer focused on Namibia, Cyprus and Zambia - and Caerus Mineral Resources PLC - copper miner in Cyprus - Post drilling update for a project of their joint venture mine near Troulli, Cyprus. Assay results show up to 3.3 grammes of gold per tonne in 1 of 11 holes. Three holes show gold over 1.0 gram per tonne, both firms say. Hole AN22DD006, which shows the most proven gold per tonne, also yields the most copper per tonne at 2.36 grammes per tonne. Seven holes show more than 1.0 grammes of copper per tonne.
Results are for Anglisides Licence, a satellite project of Bezant and Caerus's Troulli joint venture. Anglisides is about 15.5 miles away from Troulli. 1 of 11 holes has no proven significant mineralisation, data from the companies shows.
Current Bezant stock price: 0.14 pence, up 5.6% on Wednesday
12-month change: down 53%
Current Caerus stock price: 12.74p, up 8.4% on Wednesday
12-month change: down 47%
By Tom Budszus; [email protected]
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