Bezant Resources ( (GB:BZT) ) has issued an announcement.
Bezant Resources PLC announced that Blackstone Minerals Ltd, involved in a proposed merger with IDM International Limited, has discovered visible gold in a diamond drillhole at the Mankayan Project in the Philippines. This discovery could enhance the project’s value and Bezant’s stake, as the completion of the merger would result in Bezant receiving a substantial number of Blackstone shares and options, potentially impacting its market position and stakeholder interests.
More about Bezant Resources
Bezant Resources PLC is a copper-gold exploration and development company focused on projects in the Philippines. The company is primarily involved in the exploration and development of copper and gold resources, with a significant interest in the Mankayan Copper Gold project.
YTD Price Performance: 5.00%
Average Trading Volume: 38,638,844
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £3.39M
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