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Adriatic Metals PLC
Summary
| Project: | Rupice | |
|---|---|---|
| Deposit: | Rupice | |
| Location: | Bosnia And Herzegovina | |
| Commodities: | Gold-Silver-Copper-Lead-Zinc | |
| Date: | 6/12/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 12-6-2018: Adriatic Metals PLC announces an Exploration/Drilling Update report for its Rupice deposit at the Rupice project. Drilling results incl. 64m @ 4.6g/t Au, 537g/t Ag, 0.9% Cu, 7.7% Pb, 10.8% Zn, 46% BaSO4 from 214m. Adriatic Metals PLC (ASX:ADT) | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Robert Annett (Independent) | |
| ABSTRACT: | Adriatic Metals PLC (ASX:ADT) (‘Adriatic’ or the ‘Company’) is pleased to announce that it has received the assay results from the first hole completed in its 15,000m drilling program at Rupice. Drill hole BR-2-18 was drilled in a westerly direction at -60˚ to test the down dip and down plunge extension of high grade mineralisation intersected in the Company’s 2017 drilling program, specifically hole BR-1-17. The intersection represents an 80m down dip extension and a 50m down plunge extension from BR-1-17. The mineralisation is very visible and consists of galena, sphalerite, chalcopyrite and barite hosted within brecciated sediments which are typically strata bound and dipping at 50˚ to the east. The results include: Adriatic’s Chief Executive Officer, Geraint Harris commented, “the results from BR-2-18 are exciting in a number of respects: firstly we have revealed the continuation of thick mineralisation on a 80m step out hole, which has the potential to add significant tonnes to any future resource; secondly we have assays confirming that this extension has grade continuity in excess of the exceptionally high grade precious and base metals content of BR-1-17, which make these some of the highest grade polymetallic results on the ASX.” Figures 1, 2 and 3 show the location of BR-2-18 in relation to the previous drilling. | |
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