On Page 8 of the big UN report. It concludes: The most significant conclusion arising from the publication is that Timor-Leste does have mineral potential and that some of that potential will almost certainly attract foreign mining companies. The most attractive potential of Timor-Leste is in base metals, mainly copper, and associated gold and silver. This potential is in the proven occurrence of the so-called Cyprus type volcanogenic massive sulfides related to ophiolite sequences. Chromite and vein-type gold represent other exploration targets in which the private sector will be interested.
So UN says Cyprus-type volcanogenic massive sulfides are proven and that it is the most attractive potential of Timor-Leste and Beacon now has rights to where they are. https://repository.unescap.org/bitstream/handle/20.500.12870/4789/ESCAP-2003-MN-%20Geology-mineral-resources-Timor-Leste.pdf?sequence=1&isAllowed=y
On Page 8 of the big UN report. It concludes: The most...
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