Bezant Resources (BZT)

Sector:

Mining

Index:

FTSE AIM All-Share

 0.023p
   
  • Change Today:
      0.000p
  • 52 Week High: 0.045
  • 52 Week Low: 0.017
  • Currency: UK Pounds
  • Shares Issued: 11,381m
  • Volume: 5,416,616
  • Market Cap: £2.56m
  • RiskGrade: 546

Bezant Resources begins gold and platinum extraction in Colombia

By Iain Gilbert

Date: Monday 09 Oct 2017

LONDON (ShareCast) - (ShareCast News) - London-based exploration group Bezant Resources announced on Monday that progress at its gold and platinum production operations in the Choco region of Colombia had reached the point of first extraction and processing of higher-grade gravels.
Bezant said that after completing open pit development at its FKJ-083 licence area in the west of the South American nation it had started processing virgin gravels from deeper levels of the open pit.

Bernard Olivier, chief executive of Bezant, said, "I am happy to report that we have now commenced first extraction and processing of the higher-grade gravels and look forward to announcing some of the initial grades achieved from the higher grade material in the coming weeks."

"The scoping study, as announced in March 2017, calculated an estimated break-even grade of 0.17 grammes per tonne (238mg/m3) for combined Pt and Au. The verification of the grade of the virgin gravels target zone we are now mining is our priority, before progressing into volume expansion. Once we have adequately assessed the recoveries from the higher-grade gravels versus our estimated break-even point, we shall then commence with the next phase of production ramp-up," he added.

As of 1420 BST, Bezant was unchanged on 1.15p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

BZT Market Data

Currency UK Pounds
Share Price 0.023p
Change Today 0.000p
% Change 0.00 %
52 Week High 0.045
52 Week Low 0.017
Volume 5,416,616
Shares Issued 11,381m
Market Cap £2.56m
RiskGrade 546

BZT Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
84.44% above the market average84.44% above the market average84.44% above the market average84.44% above the market average84.44% above the market average
87.88% above the sector average87.88% above the sector average87.88% above the sector average87.88% above the sector average87.88% above the sector average
Price Trend
68.87% below the market average68.87% below the market average68.87% below the market average68.87% below the market average68.87% below the market average
41.84% below the sector average41.84% below the sector average41.84% below the sector average41.84% below the sector average41.84% below the sector average
Income Not Available
Growth Not Available

BZT Dividends

No dividends found

Trades for 17-Jun-2024

Time Volume / Share Price
15:58 428,616 @ 0.022p
14:06 8,000 @ 0.020p
13:31 20,000 @ 0.020p
13:18 1,500,000 @ 0.022p
13:16 500,000 @ 0.021p

BZT Key Personnel

Finance Director Raju Samtani

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