Oscillate PLC - London-based firm building a mining asset portfolio, aiming to produce copper and base metals - Completes field work for three different geophysics programmes at licences PL231/2018 and PL082/2020 in the Kalahari Copper Belt project in Botswana: a ground-based Time Domain Electromagnetic survey, an Audio-frequency Magnetotellurics survey and a ground Magnetic survey. Works complete on schedule and on budget. The data is currently undergoing geophysical interpretation and modelling with results available in the first quarter.
Chief Executive Robin Birchall says: "I am delighted to report that this work has been completed in such a short turn-around time. This reflects the company's capability to plan professional and technically sound field programmes and then to execute these programmes on time and on budget. I look forward to the results, which will provide the information needed to prioritise areas of interest within the larger Kalahari Copper Belt project and guide future exploration programmes on licences PL231/2018 and PL082/2020."
Current share price: 6.74 pence, closed up 3.6% in London on Tuesday
12-month change: nearly triple
By Aidan Lane, Alliance News reporter
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