Drilling operations by international company Manning Ltd. have revealed that there are significant amounts of copper and gold in two locations in Lefke.
Reports says that an estimated 1,485,000 tons of copper could be found in one of the locations and 2,970,000 tons in the other.
In addition, a significant amount of gold was discovered in the area. The director of Manning Ltd, Oral Sonmez, has claimed that investment in this project could bring 200 million dollars in revenues. However, Sonmez said that a large portion of the land is located in an army controlled area. The company, therefore, would need to make the necessary negotiations with the TRNC and Turkey.