4th Oct 2016 15:27
4 October 2016
Tethyan Resources plc
Director Resignation
Tethyan Resources plc ("Tethyan" or the "Company") announces that Dr. Tim Coughlin has resigned as a director of the Company, effective immediately. Tim has resigned to pursue other activities. The whole Board of Tethyan would like to thank Tim for his time and valuable contributions to the Company as it has moved into acquiring projects within the Balkans region of Eastern Europe.
ABOUT TETHYAN RESOURCES
Tethyan Resources plc is an AIM listed junior exploration company exploring for copper and gold within the Tethyan mineral belt. Tethyan has an experienced board and technical team headed up by Chris Goss previously leader in project finance for emerging markets for the IFC, International Finance Corporation. Currently they hold several licenses in Serbia and are looking for other Copper Gold projects in Eastern Europe, specifically Serbia and Bulgaria.
Tethyan recently announced it has acquired an option over the Suva Ruda Porphyry Copper Gold project located in Southern Serbia. The company plans to commence a 2000 to 2500 meter drill program on its Suva Ruda project by 26 October 2016 and to complete this drill program by mid-December 2016.
For further information please contact:
Tethyan Resources plc
Peter Mullens (CEO)/Christopher Goss, Non -Exec. Chairman [email protected]/[email protected]
finnCap Limited - Nominated adviser
Christopher Raggett / Scott Mathieson +44 (0)20 7220 0500
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