Chesterfield Resources

Significant stakeholder in Sterling Metals, a listed Canadian explorer currently active on highly prospective copper exploration projects in eastern Canada.

Exploring for copper and gold in Cyprus with promising recent drill history.

Listed on the Main Board of the London Stock Exchange

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Chesterfield Resources is a copper focussed resource exploration company where it has been operating since 2017. Chesterfield aims to build upon its successes on areas that are clustered together in the West Troodos area of Cyprus called the Westline Trend. These areas have a history of positive drill results announced most recently in late 2021 and early 2022.

Chesterfield is also a stakeholder in some highly prospective Canadian exploration projects through its 5.46% shareholding in Sterling Metals (SAG.V), a listed Canadian explorer, shares it received in addition to cash for the sale of the Adeline project in Labrador, Canada in 2023 and 2024.

This stake in Sterling gives Chesterfield good exposure not only to any future upside from continuing work being carried at Adeline, but also to Sterling’s promising Copper Road Project in Ontario, a set of licences covering 25,000 hectares with some history of copper production, where drilling in 2023 confirmed and expanded mineralised porphyry and breccia targets. In May 2024 Sterling announced the appointment of Mark Goodman as chairman (previous roles have included President of Dundee Corporation, the TSX listed merchant bank), and as of May 2025, Sterling is well funded and planning a summer exploration programme, for more details see their website – https://www.sterlingmetals.ca/

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