Less Ads, More Data, More Tools Register for FREE

IN BRIEF: Chesterfield Plans Audio-Magnetotellurics Survey At Troodos

Tue, 01st Sep 2020 21:56

Chesterfield Resources PLC - copper-gold exploration and development company - Commissions an audio-magnetotellurics geophysics survey for its Troodos West licence area in Cyprus. This will assist the company in its exploration for copper and gold mineralisation. Audio-magnetotellurics is an advanced technology that measures the natural electromagnetic signals in the earth's crust, which is generated by lightning strikes, to create a high resolution image of geological features underground. The audio-magnetotellurics survey data is then layered over other types of target evidence, such as geological mapping, soil surveys and historic drilling, to provide a clearer picture of each target area. The company's technical team determined that audio-magnetotellurics was likely the most accurate and cost-effective survey to identify massive sulphide targets in its project.

Current stock price: 6.53 pence

Year-to-date change: more than doubled

By Evelina Grecenko; evelinagrecenko@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

Related Shares

More News
20 Mar 2024 14:25

IN BRIEF: Chesterfield Resources shares surge as shakes up leadership

Chesterfield Resources PLC - copper and gold explorer in Cyprus and Labrador, Canada - Appoints Kashif Afzal as executive chair, effective immediately...

25 Sep 2023 09:53

SMALL-CAP WINNERS & LOSERS: Alphawave slumps as swings to interim loss

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday.

15 Sep 2023 11:36

Chesterfield loss narrows on lower costs; eyes new opportunities

(Alliance News) - Chesterfield Resources PLC on Friday said its interim loss narrowed as costs fell significantly, but did not record revenue.

26 Jun 2023 17:33

TRADING UPDATES: New patents for Sareum; Guanajuato hails assessment

(Alliance News) - The following is a round-up of updates by London-listed companies, issued Monday and not separately reported by Alliance News:

28 Apr 2023 15:35

EARNINGS SUMMARY: DP Aircraft profit swing, Chesterfield loss widens

(Alliance News) - The following is a round-up of earnings updates by London-listed companies, issued on Friday and not separately reported by Alliance...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.