The Rupice Project is an advanced exploration project which exhibits exceptionally high grades of base and precious metals and is located approximately 12km North West of the Veovača Project. In 2017, the Company completed an 8 hole, 1,458 metre diamond drilling program at the Rupice Project, to confirm the historical results and the presence of precious metals with the base metals. More detail on the Rupice Project is outlined in the Independent Geologist’s Report. Since 2018 Eastern Mining has completed over 12,000m of exploration drilling, expanding the known area of mineralisation, and defined some of the highest grade poly-metallic intercepts globally.
- Near-surface sedimentary-style base metal deposit with very high grades of Zn, Pb, Ag, Au, BaSO4 and Cu.
- Deposit lies approx. 12km NW of the Veovača pit and historic processing facility.
- Exploration adits were used to mine 15,000t of high-grade Zn-Pb material that was processed at Veovaca.
- Of the 49 historic assayed drill holes (5,696m) only 35% were occasionally tested for Au and Ag – Eastern Mining 2017 drilling shows high correlation between Ag and Au & base metals.
- In late 2018, Eastern Mining drilled hole BR-36-18 which returned 72m @ 2.5g/t Au, 211 g/t Ag, 2.5% Cu, 10.7% Pb, Zn 18.3% and 25% BaSO4, making it the highest grade and thickest intercept to date.
- In Q3 2019, Adriatic Metals released a Maiden Resource Estimate, detailing significant silver and gold credits, with 80% of the Mineral Resource in the Indicated Resource category.