Tethyan Resources announces completion of its 4 diamond drill hole programme (total 2,318 m) at the Rudnitza copper-gold porphyry prospect within the Suva Ruda exploration permit in Serbia.
Tethyan has received assay results for the first drill hole RDD-001. Assays for the remaining 3 drill holes are pending and a further announcement will be made in due course.
“We are very pleased with the results of this first drill hole, which validate Rudnitza as an exploration prospect with great potential,” said COO Fabian Baker in a statement.
“The fact that we did not encounter significant potassic alteration in this drill hole indicates to us that potential remains to expand the dimensions of this deposit and find a higher-grade core to this porphyry system.
“Following receipt of results from the remaining three drill holes Tethyan will be finalising its exploration program for 2017 to further develop the Rudnitza prospect.”
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