SARAJEVO (Bosnia and Herzegovina), November 5 (SeeNews) – UK-based Adriatic Metals said it has received positive assay results from two further drill holes at the high-grade Rupice deposit in Bosnia and Herzegovina.
The assays returned an interval of 24 metre intersection going 8.6 g/t gold and 332 g/t silver from 226 metres from the BR-22-18 drill hole, Adriatic Metals said in a filing with the Australian Stock Exchange last week.
The BR-22-18 drill hole intercepted a thick zone of high-grade mineralisation over 42 metres returning 14.1% zinc, 8.4% lead, 245 g/t silver, 5.7g/t gold, 1.4% copper from 222 metres, and 32 metres at 47% barium sulfate (BaSO4) from 220 metres, Adriatic Metals said.
The BR-23-18 returned 12 metres at 1.4% zinc, 2.8% lead, 228g/t silver, 0.8g/t gold, 0.3% copper, and 16% BaSO4 from 74 metres, the company noted.
"BR-22-18 continues to confirm not just the continuity of the thick and high-grade mineralisation but the spectacular precious metals content not previously assayed in the majority of the historical drilling, and which will be incorporated into our maiden Mineral Resource Estimate at Rupice," Adriatic Metals' CEO Geraint Harris said.
Adriatic Metals is an ASX-listed zinc polymetallic explorer and developer via its 100% interest in the Vares project in Bosnia and Herzegovina. The project 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.