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Tethyan Resources completes access agreement for 2017 exploration at Suva Ruda

Tethyan has signed an agreement with a local Serbian municipality for the siting of drill pads and for the use of roads
Tethyan Resources completes access agreement for 2017 exploration at Suva Ruda
Suva Ruda is highly prospective for copper

Tethyan Resources PLC (LON:TETH) has signed an access agreement with the Municipality of Raska for the use of roads in Southern Serbia. The company has also received regulatory approval for all drilling pads required for the 2017 drilling campaign on the Company's Suva Ruda copper-gold project.

Exploration work at Suva Ruda is already underway, with three drill holes completed and mapping and soil sampling progressing.

"Tethyan has been working hard on establishing positive relationships with local communities for the last nine months, and the formal documentation for the use and maintenance of public roads is now in place,” said Tethyan chief executive Peter Mullens.

"This local support allows Tethyan to progress its 2017 field programme with drilling, Induced Polarisation geophysics, surface mapping and geochemistry at Rudnitza and elsewhere within the Suva Ruda permit. Our community team will continue to regularly engage with local stakeholders and we look forward to an ongoing successful working relationship.”

It is expected that approximately 2,000 metres of diamond core drilling, at four drill holes, will be completed by the end of June 2017.

 

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