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Adriatic Metals PLC

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Summary

Project:

Rupice

Deposit:Rupice
Location:Bosnia & Herzegovina
Commodities:Copper-Lead-Zinc-Silver-Gold
Date:5/4/2020
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:4-5-2020: Adriatic Metals PLC announces an Exploration/Drilling Update report for its Rupice deposit at the Rupice project. Drilling results incl. 26.7m @ 3.95g/t Au, 502g/t Ag, 6.75% Zn, 3.76% Pb, 0.35% Cu from 275.5m. The mineralised intercept in BR-02-
Resources:x
CP/QP:[Overall Report]: Phillip Fox (Not stated)
ABSTRACT:The mineralised intercept in BR-02-20 has confirmed mineralisation continues southward towards the Jurasevac-Brestic prospect. Drilling will continue to extend this known mineralisation both southward and down-dip. Drill holes BR-06-20, BR-07-20 and BR-09-20 were drilled into the central part of the Rupice deposit in order to test the continuity of the known high-grade mineralisation. These drill holes were also designed to confirm the geological and structural model, and provide additional geotechnical information for the current pre-feasibility studies. Along with structural geology specialist studies, and a revision of the geological controls on the mineralisation, new revisions to the structural and geological model have taken place. The Rupice deposit is structurally complex, and the results from these infill drill holes have confirmed that there is good understanding of the geological and structural complexities of the deposit, with a good grade correlation to the existing neighbouring drill holes. This increased understanding will be utilised for future drill hole planning.

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