Sign up USA
Proactive Investors - Run By Investors For Investors

Tethyan Resources unearths more drill results from “very extensive mineralised system” in Serbia

“We are pleased that further drilling at Rudnitza has confirmed that this is a very extensive mineralised system"
copper wires
Rudnitza is seen as a large copper mineralised system

Tethyan Resources PLC (LON:TETH) has released the results of new drill holes at the Rudnitza copper-gold prospect, in Serbia, where the explorer is unearthing what is described as “a very extensive mineralised system.”

Drill hole RDD-006, which is one of four in a recent drill programme, encountered some 460 metres of mineralisation from surface with an overall grade of 0.21% copper and 0.2 grams per tonne, and which included 20 metres of higher grade 1.04% copper and 0.2 g/t gold from a depth of 92 metres.

READ: Tethyan Resources set to start surveying in Serbia, meanwhile drill results due soon

Also, hole RDD-005 hit 260 metres of mineralisation starting at a depth of 6 metres with a grade of 0.22% copper and 0.2 grams per tonne gold, including a 12 metre section with 0.78% copper and 0.13 g/t gold.

Tethyan chief operating officer Fabian Baker, in a statement, said: “We are pleased that further drilling at Rudnitza has confirmed that this is a very extensive mineralised system.

“These results show good continuity and significantly add to our understanding of the geological setting of the mineralisation. Rudnitza is evidently a large mineralised system with numerous zones as yet undrilled."

View full TETH profile View Profile

Tethyan Resources PLC Timeline

Newswire
February 26 2018

Related Articles

Gold
January 16 2018
Greatland Gold is well financed to support its exploration projects
manganese 25th element on periodic table
April 08 2018
The company is seeking shareholder approval to be renamed Element 25 Limited.
gold bars and cash
March 30 2018
Medusa Mining has produced more than 700,000 ounces of gold from its Co-O mine in the Philippines so far, and there's plenty more to come

No investment advice

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You understand that the Company receives either monetary or securities compensation for our services. We stand to benefit from any volume this write-up may generate.

You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

Copyright © Proactiveinvestors.com, 2018. All Rights Reserved - Proactive Investors North America Inc., Proactive Investors LLC

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use