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Bezant Resources PLC - copper and gold project developer focused on Namibia, Cyprus and Zambia - And Caerus Mineral Resources PLC - copper mining company focused on Cyprus - Publish drilling results of their joint venture Troulli Mine Development Project in Cyprus. The companies confirm that there is an extension of mineralisation to the northwest of the current deposit. They plan to follow-up drill the extension. The plans are based on a hole of the joint venture returning 1.83% copper equivalent per 21.25 metres.
‘The extent of the new mineralised zone is unknown at this time as it dips beneath unmineralised cover and this new discovery will be tested both by geophysics and drilling,’ explains Martyn Churchouse, chief executive officer of Caerus.
Current Bezant stock price: 0.16 pence, down 0.5% on Tuesday
12-month change: down 58%
Current Caerus stock price: 13.20p, up 7.8% on Tuesday
12-month change: down 47%
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