EMED Mining Ltd (AIM:EMED) issued a quarterly activity report publishes to the end of July.
Activities included:-
The discovery of a porphyry gold system at Biely Vrch in Central Slovakia, where initial drilling has already defined approximately 0.5 to 0.7 million ounces of gold at an average grade of 1.0g/t.
Acquiring an option over the copper mine and processing plant, at Proyecto de Rio Tinto in Spain. It has a JORC-compliant Mineral Resource, containing 0.45million tonnes copper at an average grade of 0.57%. Subject to due diligence, production will be restarted in Q4 2007.
In Cyprus, drilling continues in order to increasing the Inferred Resources which currenly total 6.6 million tonnes at 0.7% copper-equivalent. An independent review of company's preliminary feasibility study is scheduled for Q4 2007.
In Georgia the company has sampled prospects at the Zopkhito gold prospect.
The company plans to co-host a conference on responsible mining and environmental management Slovakia later in 2007.