Welcome to Cambridge Mineral Resources
Cambridge Mineral Resources Plc is a junior mining exploration and development company founded in 1992. Our main focus is the Iberian Pyrite Belt in southern Spain where we are investigating the Masa Valverde copper-zinc deposit near Huelva in conjunction with a major mining and commodity trading group. We are also evaluating a number of other mining projects in Andalucia.
The Chairman's Blog
Chairman's blog 17 February 2016
I am very pleased to be able to report that we have now commenced drilling at our St Bartoleme property in Spain. This is an exciting development for CMR, and the first major milestone in our stated plan to explore, develop and take into production near-term mining opportunities in the mineral-rich Iberian Pyrite Belt. It is also the first drilling on a wholly-owned CMR property in 9 years!
I have spoken to you of this plan before but it took longer than expected to prepare everything, as is often the way in Spain; however, I would like to thank the local mining authorities and the various essential service providers there for their assistance in getting us to the drill-pad!
St Bartoleme is part of our Romerita group of properties, which we hold under exclusive option. Romerita includes former producing mines, mainly for manganese, but which are also prospective for polymetallics including copper. They are all located in the Huelva province, Andalucia and are in relatively close proximity to the producing Aguas Tenidas zinc mine.
Our plan in this first phase of drilling includes testing certain geological anomalies. Depending on the results and assays we can then target the most prospective locations for the second phase of drilling.
Please check our website for the full announcement and you are very welcome to subscribe for announcements to be sent directly to you.
I look forward to updating you further in due course.
17 February 2016