23rd Mar 2021 13:41
Caerus Mineral Resources PLC - European-focused exploration and development company - Says it is well ahead of schedule with compilation and creation of a substantial database & geological information system on its exploration projects in Cyprus. With 14 former producing mines on the Caerus licences, there is a sizeable volume of useful historic information to be processed to provide the basis for 3-D modelling and interpretation of the project geology, the company notes. Mineral resource estimates remain central to the company's short to mid-term strategy, it highlights, along with the building of a resource inventory of copper and gold.
Current stock price: 12.75 pence, down 3.8% on Tuesday
By Evelina Grecenko; [email protected]
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