Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Thought it better to give whole statement
Martyn Churchouse, Chief Executive Officer of Caerus Mineral Resources, commented, "Drilling results from the preliminary programme have exceeded expectations. We now have the exciting task of drilling to establish the limits of both the oxide gold and VMS copper-gold mineralisation at both Troulli and the neighbouring Kokkinapetra. As a result, the Company is well on the way to defining a resource that may meet the entry criteria for a Joint Venture Project under the terms of the Jubilee Option agreement."
CMRS Drilling update rns issued for Troulli, au & cu found near surface ( drilled to 22m).
MC, CEO again stated about achieving an entry point for Jubilee.
As a result, the Company is well on the way to defining a resource that may meet the entry criteria for a Joint Venture Project under the terms of the Jubilee Option agreement."
Thanks ErFreh.
Wrt drilling at North Mathiatis, I presume drilling was completed at the end of May, how long are drill results taking to come back and be released, 3-4 weeks ? I am not sure where they send them. I noted JLP were talking about sending their samples to South Africa.
https://twitter.com/ecrminerals/status/1403287166298603520?s=20
I wonder which hole they are on at cherry tree?
Hi BB2,
From the chat on cmrs telegram they are expecting drill results for Troulli next week.
The copper grades look interesting.
The Troulli Project comprises both a former small-scale high-grade, open pit gold mine last operated in the 1930's, and a separate open-pit operation that mined a high-grade copper-gold VMS deposit, ceasing production prematurely in 1974. The Licence area also hosts a number of dumps and stockpiles with reported grades as high as 1.5% copper.