Adriatic Metals dishes up high-grade polymetallic samples in Balkans

Published at May 29, 2018, in Mining

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Adriatic Metals PLC (ASX:ADT) this morning revealed it has now received assay results from 10 grab samples taken from the waste dump around the historical adit at Jurasevac in the Jurasevac-Brestic JB Zone of the Rupice prospect.

ADT’s 100% owned Vareš Project in Bosnia and Herzegovina comprises a historic open cut zinc/lead/barite and silver mine at Veovaca and Rupice, an advanced proximal deposit which exhibits exceptionally high grades of base and precious metals.

The adit falls within ADT’s wholly owned Rupice exploration licence, where drilling is currently underway at the Rupice North and JB Zones.

Encouragingly, the grab samples are high-grade, supporting this current drilling plan. A summary of the highlighted results:

The samples were analysed at SGS in Bor, Serbia, using an aqua regia digestion followed by ICP with over range samples further analysed using AAS. No samples were tested for gold.

Of course, as with all minerals exploration, success is not guaranteed — consider your own personal circumstances before investing, and seek professional financial advice.

In the image below, you can see the mineralised material lying on the surface at the Jurasevac dump, showing galena, chalcopyrite, sphalerite and barite:

ADT is making solid progress with its drilling campaign. At Rupice North, BR-2-18 has been completed, with samples currently being assayed at ALS in Bor. Drilling is also underway on BR-3-1 in the JB Zone, and a second rig recently arrived. ADT said it expects sample results in the coming weeks.

The map below shows the location of the current and completed drill holes, as well as the Jurasevac adit, where the grab samples were collected:

ADT CEO, Geraint Harris, said: “The grab samples collected at the Jurasevac adit are high-grade, and when combined with our recent geophysics and geochemistry, are further support of our current drill plan for the JB Zone at Rupice. We are pleased with the progress of our drilling, and subject to confirmation of assay results for BR-2-18, may look to accelerate our drill program.”

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