Adyton’s exploration licence renewed

Business

ADYTON Resources Corporation’s exploration licence at its Feni Island project in New Ireland has been renewed, an official says.
Adyton Resources’ chief executive officer Tim Crossley said: “The renewal, which was recommended by the Mineral Resources Authority (MRA) and approved by the Minister for Mining, was welcomed as the company moves into the next phase of its exploration programme at Feni following the highly successful 2021 drilling campaign which culminated in hole ADK004 intersecting significant copper and gold mineralisation.”
Crossley added that the world class ADK004 intersect had generated significant interest from large developers who were searching for their next generation of copper ore bodies.
Crossley thanked the MRA, Mining Minister Johnson Tuke and landholders for entrusting Adyton with the rights to continue exploration on Feni Island and expressed confidence that the exploration’s success to date would continue.