Business
Troulli Exploration Update
Troulli Exploration Update.
About this update from Critical Mineral Resources Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 7163B\n Caerus Mineral Resources PLC\n 14 June 2021\n \n \n \n \n 14 June 2021 \n \n \n Caerus Mineral Resources PLC\n \n \n ('CMRS' or the 'Company')\n \n \n Troulli Exploration Update\n \n \n \n Caerus Mineral Resources\n \n , the exploration and resource development company focused on developing mineral resources in Europe to supply the global \"Clean Energy\" drive, is pleased to provide Shareholders with an update on the due diligence drilling conducted on the recently acquired PR Ploutonic Resources Ltd. Troulli Project completed on 11 June 2021. \n \n \n Highlights\n \n \n · \n Drilling results significantly exceed expectations, with all holes intersecting significant gold and/or copper mineralisation;\n \n \n · \n Eight vertical percussion holes completed;\n \n \n · \n Drilling indicates a robust and potentially significant oxide gold and VMS copper-gold deposit located on the site of a former small-scale mine;\n \n \n · \n Continuous oxide gold zone mineralisation over substantial widths from surface to the interface with the underlying VMS copper-gold sulphide zone;\n \n \n · \n VMS sulphide mineralisation was found to be present at the base of every hole drilled;\n \n \n · \n The surface oxide gold zone remains open in all directions;\n \n \n · \n Underlying VMS copper-gold zone remains open at depth and laterally in all directions;\n \n \n Table 1: Peak gold intersections in the oxide gold zone include:\n \n \n \n \n \n Hole\n \n \n \n \n From\n \n \n (metres)\n \n \n \n \n To\n \n \n (metres)\n \n \n \n \n Mineralised Width\n \n \n (metres)\n \n \n \n \n Gold\n \n \n (g/t Au)\n \n \n \n \n \n \n TR21DH01\n \n \n \n \n 0.0\n \n \n \n \n 12.0\n \n \n \n \n 12.0\n \n \n \n \n 5.11\n \n \n \n \n \n \n TR21DH02\n \n \n \n \n 0.0\n \n \n \n \n 22.0\n \n \n \n \n 22.0\n \n \n \n \n 1.93\n \n \n \n \n \n \n TR21DH03\n \n \n \n \n 0.0\n \n \n \n \n 22.0\n \n \n \n \n 22.0\n \n \n \n \n 1.20\n \n \n \n \n \n \n TR21DH04\n \n \n \n \n 0.0\n \n \n \n \n 4.0\n \n \n \n \n 4.00\n \n \n \n \n 1.32\n \n \n \n \n \n \n TR21DH05\n \n \n \n \n 0.0\n \n \n \n \n 14.0\n \n \n \n \n 14.0\n \n \n \n \n 1.18\n \n \n \n \n \n \n TR21DH06\n \n \n \n \n 0.0\n \n \n \n \n 10.0\n \n \n \n \n 10.0\n \n \n \n \n 2.07\n \n \n \n \n \n \n TR21DH08\n \n \n \n \n 0.0\n \n \n \n \n 18.0\n \n \n \n \n 18.0\n \n \n \...