Tri-Star sees good results at Turkey project

Mining firm Tri-Star Resources has reported encouraging results from its recently completed Göynük Project in Turkey.

Mining firm Tri-Star Resources has reported encouraging results from its recently completed Gynk Project in Turkey.

The exploration and drill programme verified the existence of a mineralised zone to the south-west of the old mine workings and also discovered a new extension to the north-west.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up

A new area was discovered with the last hole planned to be drilled, resulting in the programme being extended over the Christmas period into the New Year. The hole showed significant mineralisation including an intercept of 7.10% antimony over 4.70m in one hole.

The mineralisation associated with the regional east-west trending fault provides a shallow target zone of significant strike extent. The company plans to investigate this extension with a drilling programme later this year.

The share price rose 1.92% to 0.80p by 12:49.

NR

MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.