Cyprus-focused copper-gold exploration
BMG Resources Limited is an ASX-listed exploration company (ASX: BMG), which has recently sharpened its focus on exploring highly prospective copper-gold projects in the Republic of Cyprus (Treasure Project). BMG’s strategic acquisition of the Treasure Copper-Gold Project has provided the Company with an exploration footprint of ~200km² in Cyprus and provides significant leverage to an exciting mix of advanced prospects in a proven mineral district. The Treasure Project has multiple high quality exploration targets with copper and gold mineralisation identified across three main project areas - Black Pine, Kambia and Vrechia.
BMG
$0.003
Delayed by 20 minutes
Delayed by 20 minutes
Factsheet
Treasure Copper-Gold Project
In April 2013 BMG completed the acquisition of 100% of Treasure Development Ltd (Treasure Development), a privately owned Cypriot company with a substantial portfolio of copper-gold assets in the Republic of Cyprus that make up the Treasure Project. The Treasure Project hosts numerous high-quality exploration targets with copper and gold mineralisation identified across three project areas – Black Pine, Kambia and Vrechia.
Strategy
- Focused on exploring a highly prospective portfolio of exploration tenements in the Republic of Cyprus
- Drilling "high impact" copper-gold prospects at the Treasure Project, with a view to establishing JORC resources in late 2013
- Continues to assess potential acquisition opportunities in Europe and the Middle East
Why Invest?
- Experienced key personnel with strong technical expertise
- Adequately funded to advance drilling on highly prospective copper-gold tenements in Cyprus
- Multiple independently verified prospects at Treasure Project