Adriatic CEO said that the results demonstrate how much opportunity for additional precious metals content exists around the historical drilling, which was mostly not assayed for precious metals.
Adriatic Metals (ASX:ADT) has announced that it has received assay results from a further three drill holes from the current programme at Rupice in Bosnia and Herzegovina.
Adriatic CEO, Geraint Harris said:
“It is very exciting that these holes not only expand the mineralized footprint but also continue to confirm the continuity of the thick mineralization and the very high-grades drilled in our 2017 and 2018 campaigns. They also demonstrate how much opportunity for additional precious metals content exists around the historical drilling, which was mostly not assayed for precious metals. This will provide significant upside once incorporated into our maiden mineral resource estimate at Rupice”.
As highlighted in the press release:
- Drill hole BR-10-18 continues to expand the high-grade zone surrounding the historic drill hole BR-79-89, returning:
- 28m at 10.8 percent zinc, 5.9 percent lead, 271 grams per tonne (g/t) silver, 3.4 g/t gold, 0.5 percent copper, and 61 percent barium sulfate from 236m and expands the mineralization to the west.
- BR-12-18 confirms the continuity and the high-grade nature of the interpreted mineralization to the south of historic drill hole BR-79-89 (which was not historically analyzed for precious metals): returning:
- 18m at 8.2 percent zinc, 4.2 percent lead, 131 g/t silver, 1.4 g/t gold, 0.8 percent copper, and 27 percent barium sulfate from 200m.
- BR-13-18 confirms the continuity of mineralization up dip from the thick and high-grade zones intersected in hole BR-5-18: returning:
- 22m at 0.6 percent zinc, 1.2 percent lead, 91 g/t silver, 1.3g/t gold, 0.3 percent copper, and 41 percent barium sulfate from 168m and,
- 24m at 14.8 percent zinc, 7.7 percent lead 167 g/t silver, 3.7/t gold, 0.7 percent copper, and 53 percent barium sulfate from 220m.
- Drilling continues with 4 rigs in operation.