IN BRIEF: Chesterfield Resources applies for new licences in Cyprus

Chesterfield Resources PLC - London-based minerals company - Says recent diamond drill holes in Cyprus have intersected further mineralisation. "We have decided to continue with our diamond drill programme in Cyprus after intercepting encouraging mineralisation in a number of holes that indicates a potential extension of a previously drilled system," says Executive Chair Martin French. The company has applied for four additional mineral exploration licences in Cyprus targeting copper and gold totalling an additional area of 9.29 square kilometres.

Current stock price: 7.00 pence

Year-to-date change: down 50%

By Evelina Grecenko; evelinagrecenko@alliancenews.com

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