13.5 C
London
Wednesday, May 15, 2024
HomeFinTechAntilles Gold: Confirms porphyry-style copper mineralisation at El Pilar, Cuba

Antilles Gold: Confirms porphyry-style copper mineralisation at El Pilar, Cuba

Date:

Antilles Gold Confirms porphyry-style copper mineralisation at El Pilar, Cuba

  • Antilles Gold (AAU) confirms copper mineralisation at its El Pilar porphyry deposit in central Cuba
  • The company has received drill results from two recently-completed holes in the area, with hits including 134 metres at 1.23 per cent copper from 49 metres
  • Antilles says the results confirm that sulphide copper mineralisation is related to porphyry intrusives underlying a high-grade oxide copper-gold zone
  • The company will soon begin a geophysical program, which will be followed by 15,000 metres of drilling at El Pilar
  • Company shares are down 16.28 per cent to trade at 3.6 cents at 3:28 pm AEDT

Related stories

Monzo secures additional $190m funding from new and existing investors

Funding Round Details:Monzo, the UK-based digital challenger...

Sweden’s Mitigram names Pedram Tadayon as new CEO

New CEO Appointment:Swedish digital trade financing platform...

Ecology Building Society set for 2025 core banking overhaul with Monument Technology

Partnership Overview:UK-based mutual Ecology Building Society has...

UK lender Abound secures £800m in mix of equity and debt financing

Abound's Financing Round:UK-based credit technology firm Abound...

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

spot_img