Caerus Mineral Resources PLC's (LON:CMRS) Martyn Churchouse talks to Proactive London about their phase 2 drill programme that has been approved by shareholders for the Troulli project.
The aim is to broadly define the limits of the gold mineralisation and to drill deeper into the Volcanogenic Massive Sulphide (VMS) deposit.
Churchouse says that are 'exceeding expectations' and 'it couldn't be better' in regards to operations on the ground at the Troulli licence, where historic sampling has indicated copper grades for some of the waste resources to be as high as 1.5%.
The N. Mathiatis drill programme continues to progress with nine of the planned 39 holes completed so far.