Bezant Resources ( (GB:BZT) ) has shared an announcement.
Bezant Resources announced that Blackstone Minerals has released assay results from a previously unreleased drillhole at the Mankayan Copper-Gold Porphyry project, revealing high-grade copper-gold deposits. This development is part of a proposed merger between Blackstone and IDM International, through which Bezant holds its interest in the project. If the merger is completed, Bezant will receive a substantial number of Blackstone shares and options, potentially enhancing its market position and stakeholder value.
More about Bezant Resources
Bezant Resources PLC is a copper-gold exploration and development company. The company focuses on projects like the Mankayan Copper-Gold project in the Philippines, which is strategically located near significant mining operations such as the Lepanto gold mine and Far Southeast project.
YTD Price Performance: 35.00%
Average Trading Volume: 70,967,237
Technical Sentiment Signal: Hold
Current Market Cap: £3.86M
For a thorough assessment of BZT stock, go to TipRanks’ Stock Analysis page.