Electrum Discovery Corp. (TSXV: ELY | FRA: R8N |OTC: ELDCF) has successfully completed and reported the results of a High-Resolution Induced Polarization survey conducted by Terratec Geophysical Services, and the results of 3D geochemical porphyry targeting analysis performed by Fathom Geophysics. These results highlight multiple high-priority targets at Timok East copper-gold project in Serbia which the company plans to test with diamond drilling in Q1 2025.
- Chargeability anomaly outlined directly beneath surface copper anomalism at Bambino Central in all profiles.
- Large resistivity high anomaly identified as potential deep intrusive or zone of silicification beneath Bambino Central
- 3D Geochemical porphyry targeting suggests potential deep porphyry target at Bambino
- Systematic exploration and data-driven approach point multiple high-priority drill targets for 2025
- Preparations for a 2,000m diamond drill programme are well underway
Dr Elena Clarici, CEO and President of Electrum commented: “The IP survey results enhance our understanding of the subsurface mineralization potential at Bambino Central, providing critical information on the orientation of the target ahead of our maiden drill programme at Timok East. The integration of IP and 3D geochemical targeting not only validate our exploration model but also outline multiple drill targets, both near surface and at depth at Bambino. With the recently completed financing, we are fully funded for our maiden 2,000m drill programme, set to commence in early 2025.”
