European Green Transition announces encouraging results from Limni project, including gold potential

Proactive - Interviews for investors

European Green Transition PLC (AIM:EGT) CEO Aiden Lavelle takes Proactive's Stephen Gunnion through the latest developments at the Limni copper project in Cyprus. Lavelle announced promising results from the initial due diligence phase of the project. The company collected 68 samples, revealing acid-soluble copper concentrations between 0.4% and 0.9%. This discovery indicates that the mine waters are leaching copper from oxidised tailings and re-precipitating it during the dry season, confirming the potential for copper recovery. Additionally, the company identified significant gold potential, with rock samples showing grades up to 1.5 grams per ton. Lavelle highlighted that this gold had likely gone unnoticed during the original mining operations in the 1960s and 70s. These findings bolster the company’s confidence to proceed with further due diligence and low-cost sampling to validate the copper recovery model. Lavelle emphasised that Cyprus provides a cost-effective environment for advancing the project towards potential near-term revenue generation. Stay tuned for more updates on the Limni Project. Make sure to like this video, subscribe to our channel, and enable notifications for more content from Proactive. Call-to-Action: Visit Proactive's YouTube channel for more videos, and don't forget to give this video a like, subscribe to the channel, and enable notifications for future content. #EuropeanGreenTransition #CopperRecovery #GoldDiscovery #MiningUpdates #LimniProject #CyprusMining #AidenLavelle #SustainableMining #ProactiveInvestors #ResourceExtraction #ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews