Tethyan Resources PLC (LON:TETH) has defined what it calls “two compelling target areas” on its Suva Ruda project in Serbia. First pass geological mapping and the collection of 223 soil samples at the Rudnitza prospect have revealed a northern and a southern zone of potential copper-gold porphyry mineralisation.
The company found the presence of molybdenum particularly encouraging as molybdenum is a good indicator of porphyry mineralisation and does not tend to move around as a result of weathering.
Tethyan also noted that the central copper and molybdenum soil anomaly is surrounded by a zinc anomaly, a feature often associated with porphyry systems worldwide.
Meanwhile, stream sediment sampling has also revealed several gold anomalies at Tethyan’s other Serbian project, Gokcanica.
Drilling is expected to get underway at Suva Ruda shortly.