Adriatic: Western Extension to High-Grade Mineralization at Rupice

The company said that drilling confirms a further high-grade and thick intercept, extending mineralization to the northwest at Rupice.

Adriatic Metals (ASX:ADT) has announced that it has received assay results from three drill holes from the current program at Rupice in Bosnia and Herzegovina.

As highlighted in the press release:

  • Drilling confirms a further high-grade and thick intercept, extending mineralization to the northwest at Rupice, with BR-8-18 returning: 16m at 1.6 grams per tonne (g/t) gold, 136 g/t silver, 1.1 percent copper, 4.0 percent lead, 6.5 percent zinc and 10m at 51 percent barium sulfate from 206m.
  • BR-7-18 confirms mineralization continuity 50m up-dip of BR-2-18 returning: 18m at 2.6g/t gold, 201 g/t silver, 0.5 percent copper, 4.5 percent lead, 9.2 percent zinc and 62 percent barium sulfate from 228m.
  • Drilling continues on schedule with 4 rigs in operation.

Adriatic Metals CEO, Geraint Harris said:

“Both BR-7-18 and BR-8-18 continue to demonstrate thick and high-grade mineralization 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 mineralization boundary expanded to the northwest, beyond the known drilling; which further demonstrates the tremendous potential of this deposit.”

Click here to read the full Adriatic Metals (ASX:ADT) press release.

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Under the HoA, subject to securing approval by OT LLC and any required support from the Government of Mongolia, and subject to timing, availability, and terms and conditions being acceptable to both parties, Rio Tinto and TRQ will:

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