BMG Resources Limited is an ASX-listed exploration company (ASX: BMG), which has recently sharpened its focus on exploring highly prospective copper-gold projects in the Republic of Cyprus (Treasure Project). BMG’s strategic acquisition of the Treasure Copper-Gold Project has provided the Company with an exploration footprint of ~200km² in Cyprus and provides significant leverage to an exciting mix of advanced prospects in a proven mineral district. The Treasure Project has multiple high quality exploration targets with copper and gold mineralisation identified across three main project areas - Black Pine, Kambia and Vrechia.
BMG Resources was previously known as Brazilian Metals Group and prior to that, Lefroy Resources.
In October 2020, BMG Resources acquired Oracle Mining and contemporaneous with this event, Oracle completed the acquisition of the Abercromby gold project from MPI Nickel.