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Commencement of 2021 Exploration Campaign

Commencement of 2021 Exploration Campaign.

articleChesterfield Resources PlcApril 12, 20213/company/chesterfield-resources-plc/news/commencement-of-2021-exploration-campaign
Commencement of 2021 Exploration Campaign

About this update from Chesterfield Resources Plc

[{"type":"text","content":"\n \n \n \n RNS Number : 0572V\n Chesterfield Resources PLC\n 12 April 2021\n  \n \n \n \n Chesterfield Resources Plc / EPIC: CHF / Market: LSE / Sector: Mining\n \n \n  \n \n \n 12 April 2021\n \n \n  \n \n \n Chesterfield announces commencement of 2021 exploration campaign\n \n \n  \n \n \n Chesterfield Resources is pleased to announce that it has commenced its 2021 mineral exploration campaign in Cyprus. The programme is to search for additional tonnage of copper, gold, silver and zinc after high grade intercepts were assayed in February. \n \n \n  \n \n \n -  \n Enlarged and integrated 2021 exploration campaign underway \n \n \n -  \n \n Gravity survey has commenced on five main target areas, with approximately 800 survey points planned over 5 km2\n \n \n \n -  \n \n AMT survey has commenced on three main target areas, with approximately 250 survey points planned over 2.25 km2\n \n \n \n -  \n \n Geological and engineering team now on site \n \n \n \n  \n \n \n Said Martin French, Executive Chairman, \"Despite the challenges posed by Covid travel restrictions, we are pleased to report that we have got our integrated 2021 exploration programme underway and running to schedule.  Our geophysics contractors from Spain entered the country and underwent quarantine procedures, while our geological and engineering team arrived last week on one of the first post-quarantine flights to arrive in Cyprus. \n \n \n  \n \n \n Late last year we discovered unusually high, ore grade, mineralisation on two targets. In addition to strong copper grades, both targets yielded surprisingly good grades of gold at 3 g/t, as well as strong showings of silver and zinc. The focus of this year's enlarged programme is to discover the sources of this material and so additional tonnage of ore grade deposits. We will be keeping the market informed with good news flow on the campaign well into the summer.\"\n \n \n  \n \n \n 2021 integrated exploration campaign commences\n \n \n  \n \n \n Target definition and drill-testing is planned for targets Evlim, Hillside and Kin Valley as part of the 2021 field programme, which has now commenced.  Target vectoring work, including AMT geophysics, percussion drilling and downhole electromagnetic (\"EM\") and gravimetric (\"gravity\") geophysics, ...

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