Company
Chesterfield Resources PLC
LON:CHF
Chesterfield Resources is a minerals company exploring primarily for copper and gold in Cyprus. The Company listed on the Standard List of the London Stock Exchange in July 2018 when it acquired its assets via a reverse takeover. Since then it has become the largest holder of minerals rights in Cyprus and formed a technical team of very senior geologists from First Quantum, Rio Tinto and Lundin Mining. Its commercial advantage is to use modern technology to explore for metals in ways unavailable to miners in Cyprus previously.
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Chesterfield Resources unearths significant mineralisation in percussion drilling
"We have now drilled three holes on the Evlim target and all have returned strong intersections," said chairman Martin French.
Chesterfield Resources returns from suspension
Trading in the shares resumed following Chesterfield's acquisition of the entire issued share capital of HKP Exploration, the placing of 10.77mln shares and the subscription of 15.9mln shares at 7.5p per share