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Bezant Resources said its geological survey team had completed an exploration review on the Buffalo copper-gold project in Zambia.
The review identified a zone of structural focus centred on a site of artisanal copper-gold mining activity within the Buffalo open pit.
It supported the prospective nature of a mineralised structure traversing the project's licence area, which was seemingly open at depth.
Bezant said its exploration team was now assessing the structural characteristics of the Buffalo project, in order to determine the style and continuity of the mineralisation evident in the exposed mine pit.
'Our option over 50% of Buffalo offers entry into a promising copper-gold project with access to a range of existing data sets and with exposed mineralisation from artisanal mining activity,' chief executive Laurence Read said.
'In addition to assessing the potential for extensions at depth and across the licence area, our key ongoing work will centre on the characteristics of Buffalo as an ore body.'
At 2:20pm: (LON:BZT) Bezant Resources PLC share price was -0.01p at 0.09p