NEWS RELEASE: We are pleased to announce results from rock-chip sampling carried across various targets at Timok East #copper-#gold project in the Republic of Serbia which have confirmed significant strike extensions of the Bambino #copper-#gold anomaly and identified a potentially over-printing #gold system. 1. 𝐁𝐚𝐦𝐛𝐢𝐧𝐨 𝐀𝐧𝐨𝐦𝐚𝐥𝐲: Rock-chip assays confirm copper-gold mineralization across significant extensions at Bambino to over 1.5 strike kilometers. Rock chip samples returned grades of 14.2 g/t Au and 3.35 g/t Au and copper-gold bearing rocks include chips samples of 4.93 g/t Au and 0.57% Cu and 2.62 g/t Au and 1.21 % Cu. 2. 𝐍𝐨𝐫𝐭𝐡𝐞𝐫𝐧 𝐀𝐧𝐨𝐦𝐚𝐥𝐲: Rock-chip assays confirm high-grade #copper-#gold mineralization, with previously un-identified #silver potential 3 kilometers north of the Bambino along same geological structure. 3. 𝐂𝐞𝐧𝐭𝐫𝐚𝐥 𝐁𝐚𝐦𝐛𝐢𝐧𝐨 𝐓𝐫𝐞𝐧𝐜𝐡𝐢𝐧𝐠: Completion of the 300-meter trenching program revealed consistent alternation of quartz-limonite stockwork across the central Bambino ridgeline, assay results are expected within the next week. In addition to Bambino Central, mineralized rocks, characterized by quartz-limonite stockwork veining and gossan textures, have now been identified over four distinct ridges, along the same geological unit and structure and coined Targets: Bambino 1, 2, 3 and 4. Read the full news release to learn more ⬇️ https://bit.ly/3Cijc7S #ELY #Electrum #Investing #MiningStocks #MiningNews #MiningCompany #GoldNews #StocksToWatch
Electrum Discovery Corp.
Mining
An emerging mineral exploration and development company focused on the West Tethyan Belt and portion crossing Serbia
About us
Electrum Discovery Corp. is an emerging, Canadian-based mineral exploration and development company focused on the Western Tethyan Belt with activities in the Republic of Serbia. The current focus of the Company is its flagship copper-gold Timok East Project. Electrum's management team has been focused on maximizing shareholder value through the acquisition and advancement of a large portfolio of copper-gold assets, while fostering sustainability, governance and knowledge transfer in the region.
- Website
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www.electrumdiscovery.com
External link for Electrum Discovery Corp.
- Industry
- Mining
- Company size
- 2-10 employees
- Headquarters
- Vancouver
- Type
- Public Company
- Founded
- 2021
- Specialties
- Copper-gold exploration
Locations
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Primary
Vancouver, CA
Employees at Electrum Discovery Corp.
Updates
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NEWS RELEASE: We have closed the final tranche of our oversubscribed non-brokered private placement of units and raised in total gross proceeds of $2,281,850. We would like to thank to all subscribers, large and small, new and old, and especially acknowledge the investment and backing of Crescat Capital and Syndicate Minerals. The proceeds of the Private Placement will be used for the continued exploration of Timok East #copper-#gold project including a maiden drill programme and for working capital purposes. Read the full news release to learn more https://bit.ly/4f7PSPP #ELY #Electrum #Investing #MiningStocks #MiningNews #MiningCompany #GoldNews #StocksToWatch
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Trenching is well underway at the Bambino Cu-Au target in the Bor mining district of the Western Tethyan Belt. It has revealed #copper supergene mineralisation just below the surface. Photos show malachite and azurite copper secondary minerals hosted in a stock work vein system. Trenching, sampling and assaying will continue over the next weeks to provide further knowledge about mineralisation. #ELY #Electrum #Investing #MiningStocks #MiningNews #MiningCompany #GoldNews #StocksToWatch
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NEWS RELEASE: We are pleased to announce the results of geological mapping, and the commencing of trenching at our Timok East #copper-#gold project. 1. Mapping identified multiple sequences of hydrothermally-altered intrusive rock with stockwork veining, correlating with anomalous copper grades in surface soils and rock chips at the Bambino target. 2. Discovery of secondary copper mineralization and gossan material three kilometers north of Bambino, identified through follow-up mapping of ‘Kill zone’ targets around the northwestern soil anomaly. 3. Initiation of a 300-meter trenching program across the central Bambino anomaly to delineate high-grade zones to aid drill planning. 4. Collection of 139 additional rock chip samples from across the Bambino and northern anomalies. Read the full news release to learn more ⬇️ bit.ly/3XtQj0C #ELY #Electrum #Investing #MiningStocks #MiningNews #MiningCompany #GoldNews #StocksToWatch
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Electrum Discovery Corp. reposted this
Electrum Discovery Corp. Announces Further Positive Rock Chip Sample Assay Results Twenty-one rock-chip samples were collected from float, sub-crop, and outcrop exposures at the Bambino anomaly, returning assay values from trace (12 samples 1000ppm Cu) has now been confirmed in seven rock samples over 550m strike across the Bambino area. Read here https://hubs.la/Q02Lpy9B0 #TSXV #ELY
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NEWS RELEASE: We are pleased to announce we have identified new styles of #gold mineralisation on our Novo Tlamino Project! ⚒️ The Company strategically consolidated an entire district. 💫 Initial fieldwork has outlined several promising new targets for follow-up exploration as follows: Jube Jube, Karamanica and Liska. Read the full news release to learn more ⬇️ bit.ly/3LroRdn #ELY #Electrum #Investing #MiningStocks #MiningNews #MiningCompany #GoldNews #StocksToWatch
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NEWS RELEASE: We are pleased to announce significant extensions of #copper-#gold anomaly at our Timok East Project! ⚒️ Significant extensions of anomaly located five kilometres east of Zijin Mining’s world-class Bor copper-gold mining complex in the Western Tethyan Belt in the Republic of Serbia. 💫The copper-gold Bambino anomaly has been extended to 1.8 kilometers in length, from 550 meters in initial sampling and remains open to the north and south. 🧈A separate parallel adjacent gold anomaly has been defined over a one kilometer strike length. Read the full news release to learn more ⬇️ bit.ly/4bvwVUZ #ELY #Electrum #Investing #MiningStocks #MiningNews #MiningCompany #GoldNews #StocksToWatch
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We congratulate our Director, Eric Rasmussen, on joining Adriatic Metals Plc's board as a Non-Executive Director! With an A$1.3bn market cap, Adriatic Metals is a leading explorer & developer ramping up production at the world-class Vareš silver project in Bosnia & Herzegovina.
We are pleased to welcome Eric Rasmussen as a Non-Executive Director. Announcement in full: https://bit.ly/3RqFby6
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🇷🇸 Serbia has been ranked 5th on the European Investment Attractiveness Index in the latest The Fraser Institute Annual Survey of Mining Companies. As a Canadian company focused on copper and gold exploration in Serbia, we are thrilled by this recognition. ➡️ Learn more about Serbia's inclusion in this influential report: https://bit.ly/3V3nIwI
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Copper is up almost 17% in 2024 amid signs of recovery in global factory activity, as well as flashes of supply tightness. The prospect of the Federal Reserve lowering interest rates is adding to tailwinds for copper as bulls predict further gains, with the world’s mines struggling to match growing demand. Will copper demand continue to rise in 2024? Read more on MINING.com ⬇️ https://bit.ly/4dBZylG #CopperNews #CopperTrends