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Beowulf Mining PLC - mineral exploration and development company - Reports results from an induced polarisation and resistivity survey completed across the Majdan Peak gold target at Vardar Mineral's Mitrovica licence in Northern Kosovo. Beowulf owns 46% of Vardar. The company reports highly anomalous induced polarisation chargeability targets mapped for both Majdan Peak and the target area directly south, Madjan Peak South. Importantly, the induced polarisation anomalies demonstrate depth extent suggesting that the mapped surficial gold mineralisation is related to a potentially large underlying source. "With each phase of work at Mitrovica, there is seemingly growing potential for a discovery. We are not there yet, but with targets at Wolf Mountain, Majdan Peak and Mitrovica South there is a real opportunity," says Chief Executive Kurt Budge.
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By Evelina Grecenko; evelinagrecenko@alliancenews.com
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