kosovo - good stuff8 Oct 2019 08:18
"Viti is showing real potential as a copper-gold mineralised porphyry target. While it is still early days, porphyry deposits are typically large mineralised systems which can be amenable to open pit mining and therefore represent extremely attractive exploration targets.
"The drilling from an initial stratigraphic hole in an unexplored area has demonstrated the presence of anomalous gold and visible copper with the hydrothermal alteration characteristics of a porphyry system. This is an outstanding result from the Vardar team, and testament to the rigorous technical exploration work leading up to the drilling.
"Combined with the recent announcements for Wolf Mountain and Mitrovica South, the Company's £1 million investment in Vardar has, in the Board's view, already created significant value for Beowulf's shareholders.
"Last week, the Board had an excellent visit to Kosovo, and I look forward to keeping the market updated on further progress."