Bezant Resources (BZT)

Sector:

Mining

Index:

FTSE AIM All-Share

0.023p
   
  • Change Today:
      0.003p
  • 52 Week High: 0.038
  • 52 Week Low: 0.017
  • Currency: UK Pounds
  • Shares Issued: 11,539m
  • Volume: 174,173,779
  • Market Cap: £2.65m
  • RiskGrade: 546

Bezant Resources starts geophysical surveying at Kanye

By Josh White

Date: Monday 13 May 2024

LONDON (ShareCast) - (Sharecast News) - Bezant Resources announced the start of geophysical surveying at the Kanye battery manganese project in Botswana on Monday, following positive outcomes from phase two metallurgical test work.
The AIM-traded firm said geophysical surveying, using induced polarisation and resistivity methods, would initially cover three profiles across the detrital manganese deposit, as determined by mapping and the preceding phase one drilling programme.

Pending the outcomes of the initial surveys, the plan was to extend the survey over a minimum of two kilometres along the strike, aiming to investigate the extensions to the deposit as indicated by earlier soil sampling.

The company said the primary objective of the survey was to expand the deposit's footprint by delineating targets for subsequent drilling activities.

It said the progression was envisaged to culminate in the definition of an initial mineral resource, marking a significant step forward for the Kanye project.

"We were encouraged by the results of the initial drilling programme and the metallurgical recovery test work which demonstrated that the Kanye mineralisation is potentially suitable for processing to high purity manganese and therefore of significant potential value," said executive chairman Colin Bird.

"The new geophysical survey is designed to define the size and scope of the project prior to further drilling.

"We will advise the market on the outcome of the survey work and plans for the drilling programme that emerges, if appropriate."

At 1125 BST, shares in Bezant Resources were down 5.26% at 0.02p.

Reporting by Josh White for Sharecast.com.

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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 0.003p
% Change -9.80 %
52 Week High 0.038
52 Week Low 0.017
Volume 174,173,779
Shares Issued 11,539m
Market Cap £2.65m
RiskGrade 546

BZT Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
34.92% above the market average34.92% above the market average34.92% above the market average34.92% above the market average34.92% above the market average
34.38% above the sector average34.38% above the sector average34.38% above the sector average34.38% above the sector average34.38% above the sector average
Price Trend
29.43% below the market average29.43% below the market average29.43% below the market average29.43% below the market average29.43% below the market average
5.11% below the sector average5.11% below the sector average5.11% below the sector average5.11% below the sector average5.11% below the sector average
Income Not Available
Growth Not Available

BZT Dividends

No dividends found

Trades for 03-Oct-2024

Time Volume / Share Price
16:17 25,000,000 @ 0.027p
16:35 530,000 @ 0.023p
16:35 530,000 @ 0.023p
16:13 5,000,000 @ 0.027p
14:27 3,740 @ 0.027p

BZT Key Personnel

Finance Director Raju Samtani

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