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Adriatic Metals PLC
Summary
| Project: | Rupice | |
|---|---|---|
| Deposit: | Rupice | |
| Location: | Bosnia And Herzegovina | |
| Commodities: | Gold-Silver-Copper-Lead-Zinc | |
| Date: | 7/17/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 17-7-2018: Adriatic Metals PLC announces an Exploration/Drilling Update report for its Rupice deposit at the Rupice project. Drilling results incl. 66m @ 2.1g/t Au, 158g/t Ag, 2.3% Cu, 8.6% Pb, 12.8% Zn, 37% BaSO4 from 210m. 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 fifth hole completed in its drilling programme at Rupice. See Figure 1 for the plan view of the drilling locations. Drill hole BR-5-18 was collared approximately 40m to the north of BR-3-18, and drilled in a south-westerly direction at -70˚ to test the down-dip and down-plunge extension of the high-grade mineralisation intersected in the Company’s hole BR-3-18, drilled in the current 2018 campaign. This intersection also represents nominally an 110m down dip extension relative to the historic drill hole BR-79-89, which intersected 14m of 16.5% combined Pb and Zn and 30% BaSO4. In BR-5-18, the mineralisation occurs as a continuous high-grade interval, within a brecciated zone very similar to the previous holes drilled during 2017 and 2018. Note that the down-hole depth and true thickness appears to be approximately equivalent however, as the geologic information is limited this relationship may change (refer to Figures 2 & 3). The mineralisation again appears to be dominantly strata-bound and hosted within brecciated sediments dipping approximately 50 degrees to the east. Consistent with the holes BR-2-18 and BR-3-18, the mineralisation in BR-5-18 is visually distinct from the host rock and consists of galena, sphalerite, chalcopyrite and barite. The mineralised intervals for BR-5-18 are shown in Table 1. | |
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