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

Related Articles

1547027058_Gold-bar-plus-nugget.jpg
January 09 2019
ECR is building an impressive portfolio of gold exploration assets
Gold piggy bank
November 20 2018
The Vancouver-based group recently completed the first three diamond drill holes of the 2018 programme at its Gold Drop property near Greenwood, British Columbia
1546087444_Bonterra---core-shed.jpg
December 29 2018
Bonterra's recent C$21mln raise will help it develop its gold portfolio

© Proactive Investors 2019

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

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