RE: Lots of buying20 Nov 2020 19:49
... and don't forget the new AMT survey data......
· Five AMT geophysics surveys were completed during September and October, covering a total of 2.6 Km2 . Preliminary results have now been assessed.
· The survey correctly identified known deposits, while current diamond drilling has successfully encountered fresh mineralisation in several holes vectored by the AMT.
· The strong results of the programme have led to it being extended from Troodos West to Troodos North. The AMT survey has provided strong indications of potential extensions to a high-grade historic mine at Agrokipia.
Martin French, Executive Chairman said "We are very pleased with the results of the AMT survey programme and as a consequence decided to expand it at both Troodos West and to Troodos North. Not only did the survey identify areas where we knew mineralisation to exist, but it has successfully vectored our diamond drill onto new areas of sulphide mineralisation. It has also provided us with new targets for our next drill campaign planned for the spring, when we also expect to commission further extensive AMT surveys over additional sectors of our licence areas."