For thousands of other reports visit RSC's Mineral Intellingence Map
Adriatic Metals PLC
Summary
| Project: | Rupice | |
|---|---|---|
| Deposit: | Rupice | |
| Location: | Bosnia And Herzegovina | |
| Commodities: | Gold-Silver-Copper-Lead-Zinc | |
| Date: | 8/29/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 29-8-2018: Adriatic Metals PLC announces an Exploration/Drilling Update report for its Rupice deposit at the Rupice project. Drilling results incl. 18m @ 2.6g/t Au, 201g/t Ag, 0.5% Cu, 4.5% Pb, 9.2% Zn, 62% BaSO4 from 228m. 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 assay results from three drill holes from the current programme at Rupice. See Figure 1 for the plan view of the drilling locations. Adriatic’s Chief Executive Officer, Geraint Harris commented, “Both BR-7-18 and BR-8-18 continue to demonstrate thick and high-grade mineralisation that confirms further continuity with our 2017 and 2018 drilling results and the ability to further expand Rupice. It is also exciting to see the previous mineralisation boundary expanded to the northwest, beyond the known drilling; which further demonstrates the tremendous potential of this deposit”. OVERVIEW Drill hole BR-8-18 was drilled in a south-westerly direction at -75˚ and intercepted high-grade mineralisation from 206m downhole depth, over a thickness of 16m. This intercept is located some 60m to the northwest of the nearest drill-hole, BR-5-18 and therefore further extends the known mineralisation. In BR-7-18, high-grade mineralisation was intercepted over an interval of 18m thickness, within a brecciated zone, very similar to the holes drilled during 2017 and 2018. BR-7-18 was drilled in a south-westerly direction at -65˚ and intercepted the mineralisation from 228m downhole depth. The mineralised interval is located some 50m up-dip from BR-2-18 and confirms continuity of thick and high-grade mineralisation between BR-2-18 and the historical drill hole BR-75-86, a distance of 100m. Adriatic also received assay results for drill-hole BR-1-18, which failed to intersect any significant mineralisation. This hole targeted the thin, near surface (up-dip) limit of the mineralisation in an area where the historical drilling assay record was incomplete. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report