Blog
Substantial copper resource base established in Cyprus
August 23, 2022
Ariana Resources, a mineral exploration and development company with gold mining interests in Europe and listed on the Alternative Investment Market (AIM), a sub-market of the London Stock Exchange (LSE), earlier this month announced an updated Mineral Resource Estimate (MRE) for the Apliki Copper Project in Cyprus.
The mining project in Apiliki involves a formal conditional 50-50 joint venture agreement between Venus Minerals Ltd and Hellenic Apliki Mines Ltd.
Venus Minerals is focused on the exploration and development of copper and gold assets in Cyprus and is 50 per cent owned by Ariana Resources. In addition, Ariana Resources will acquire 50 per cent of Hellenic Apliki Mines.