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Acquisition of Cyprus Gold Mines Ltd Caerus Mineral Resources, (LSE: CMRS) the exploration and resource development company focused on developing mineral resources in Europe to supply the global Clean Energy drive, is very pleased to announce an agreement on Heads of Terms for the acquisition of Cyprus Gold Mines Ltd ( CGML ), known currently as P.Von-de-Tsianos Gold Mines Ltd ( PVTGM ). CGML is a private, Cypriot-registered, exploration and mining company that holds three advanced copper - gold exploration properties, each with a mining history and excellent potential for discovery of further high-grade, copper-gold Volcanogenic Massive Sulphide ( VMS ) and epithermal gold deposits. The Anglisides, Pano Lefkara and Layia licences show not only prominent evidence of unmined resources, but also copper-gold bearing oxide and waste stockpiles on-surface.

H andrew danielsJon bellissMartyn churchouseNational instrumentCyprus gold mines ltdThird partyClean energy transitionP gold mines ltdCaerus mineral resourcesJubilee metals group option agreementAcquisition of cyprus gold mines ltdClean energyEuropean unionCyprus gold minesMineral resourcesVolcanogenic massive sulphide