Significant Anomaly & Scale2 Nov 2017 15:22
Tethyan Resources plc ("Tethyan' or 'the Company') is pleased to release results of the TITAN 24 geophysical survey carried-out at the Rudnitza copper-gold porphyry prospect within the Suva Ruda Project, Serbia. The results are interpreted as highly encouraging by Tethyan's geologists, showing a significant anomaly of coincident high chargeability and low resistivity, that is a common signature of porphyry systems, from a depth of approximately 300 metres below surface and extending more than 1,200 metres to the depth limit of the survey at 1,500 metres below surface.
At approximately 400 meters below surface the geophysical anomaly indicates the possibility of two porphyry centres, described as a 'double-headed porphyry', an interpretation which is supported by the two distinct copper-gold-molybdenum soil sampling anomalies Tethyan has previously defined. From 600 metres below surface the geophysical anomaly combines into one large anomaly extending approximately 1,500 metres north to south, and 400 metres east to west, representing an exploration target of significant scale.