6th Jul 2022 19:27
East Star Resources PLC - gold and copper exploration company focused on Kazakhstan - Completes helicopter electromagnetic survey over licences in the Rudny Altai volcanogenic massive sulphide belt, with 3,640 line kilometres flown from May 23 to June 21.
"We are delighted to have identified a number of strong electromagnetic anomalies, potentially indicating new VMS discoveries to be made under shallow cover. This is a great example of East Star applying modern geophysical technology, which has been used to discover significant VMS deposits elsewhere in the world, to this prolific but underexplored VMS region of Kazakhstan," said Chief Executive Officer Alex Walker.
Current stock price: 4.00 pence, up 8.1% on Wednesday
12-month change: up/down 23%
By Dayo Laniyan; [email protected]
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