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Adriatic Metals PLC
Summary
| Project: | Rupice | |
|---|---|---|
| Deposit: | Rupice | |
| Location: | Bosnia And Herzegovina | |
| Commodities: | Gold-Silver-Copper-Lead-Zinc | |
| Date: | 5/7/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 7-5-2019: Adriatic Metals PLC announces an Exploration/Drilling Update report for its Rupice deposit at the Rupice project. Drilling results incl. 30m @ 9.7% Zn, 5.2% Pb, 265g/t Ag, 4.6g/t Au, 0.4% Cu, 43% BaSO4 from 246m. Adriatic Metals PLC (ASX:ADT & F | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Robert Annett (Independent) | |
| ABSTRACT: | Adriatic Metals PLC (ASX:ADT & FSE:3FN) (‘Adriatic’ or the ‘Company’) is pleased to announce that it has received assay results from six drill holes from the programme at Rupice. Figure 1 illustrates a plan view of the drilling locations. Adriatic’s Executive Director, Paul Cronin commented: “These drill hole results released today demonstrate that the high-grade mineralisation drilled up to the old Concession boundary in 2018 continues north into the new Concession area returning exceptional grade, continuity and thickness of the mineralisation. The drilling has extended mineralisation some 45m from BR-17-18 our most northern hole of the 2018 drill campaign, and drilling continues in the northern plunge zone some 65m into the new Concession area. At Rupice South our drilling continues to return high-grade intersections that extend our mineralisation a further 45m into areas previously untested. The focus of our drilling this year has been to complete holes up-dip and down-dip on each northerly step-out, to provide a more robust contextual understanding of the deposit. At Rupice we will continue drilling both north and south before declaring a Maiden Resource Estimate whilst metallurgical, geotechnical and hydrogeological studies currently underway will feed into a Scoping Study and ultimately a Feasibility Study. Our geo-physical survey is also underway, and will assist in identification of more specific drill targets at Jurasevic-Brestic and Borovica” | |
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