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.
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.