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IN BRIEF: Beowulf Notes Encouraging Results From Vardar's Madjan Peak

Mon, 06th Jul 2020 14:44

Beowulf Mining PLC - Nordic-focused mineral exploration and development company - Of the 96 samples collected from Vardar Mineral's Mitrovica licence in Northern Kosovo during a grab sampling programme at Madjan Peak, 42 assayed more than 0.1 gram per ton of gold. Anomalous results correlate well with gold in soil and confirm the scale of Madjan Peak's gold anomaly. Sample results include 7.2 grams of gold per ton of ore, 4.6 grams per ton, and 2.8 grams per ton. A new multi-element anomaly has been found south of the main peak.

Current stock price: 4.80 pence

Year-to-date change: down 8.9%

By Anna Farley; annafarley@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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