Bezant Resources raises £800,000 to advance Mankayan project
Executive chairman Colin Bird is putting up £50,000
Company
Bezant Resources PLC
LON:BZT
Bezant Resources PLC is focused on developing its pipeline of copper-gold projects to provide a new generation of economically and socially sustainable mines and also has a manganese project in Botswana
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Bezant Resources believes timing of Mankayan copper project is spot on
The fundamentals for base metals are very encouraging and particularly for copper
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Bezant Resources renews Mankayan licence for a further two years
Work will now get underway on the Mankayan project in earnest
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Bezant Resources says Mankayan project has major potential to generate further value
The AIM-listed firm said its in-depth internal review process across all aspects of its operations and portfolio assets revealed that Mankanyan project represents one of the most advanced copper-gold projects not currently being developed
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FTSE 100 closes higher, given a leg-up by weaker pound
The blue-chip index closed around 38 points higher at 7,700
In the current copper market, Bezant’s Mankayan deposit could be highly attractive to a major mining company
Bezant has a huge copper resource under licence in the Philippines
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