Electrum Discovery Corp. (TSXV: ELY | FRA: R8N | OTC: ELDCF) has announced results from recent rock chip sampling and remote sensing mapping at its Timok East copper-gold project in the Republic of Serbia.
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 < 100ppm Cu) to 1.85% Cu and 1.27g/t Au. Consequently, significant copper mineralization (>1000ppm Cu) has now been confirmed in seven rock samples over 550m strike across the Bambino area.
Furthermore, the company has identified additional notable copper mineralization between the contact of an outcropping intrusive felsic dyke and surrounding metasediments, located 400m southeast from the northern soil anomaly. One rock chip sample was taken at this contact returning assay grade of 7.55% Cu. This underscores the prospectivity of underexplored northern section of the property and outlines targets for follow-up mapping and sampling.
Electrum’s geological team is currently planning a trenching programme across Bambino that will facilitate detailed geological mapping and trench sampling across the prospect to define high priority drill targets. The team is also engaged in detailed geological interpretation of the rocks at Bambino, through thin-section petrography and structural interpretation to better understand potential deposit types and controls on mineralization ahead of drill targeting.
Initial remote sensing analysis using Maxar 8-band satellite imagery has identified multiple zones of reduced vegetation, referred to as ‘Kill zones.’ These areas exhibit similar visual characteristics with a prominent kill zone associated with the highest copper grades in soils at the Bambino anomaly (likely associated with natural, lower Ph from weathering sulphide minerals). The newly identified kill zones align broadly with anomalous copper values detected in soil samples from the northwest sampling grid, follow the same north-westerly trend and are bound to the east by the same westerly dipping fault as Bambino. These findings delineate high-priority targets for detailed geological field mapping and follow-up rock chip sampling north of Bambino.
Preliminary structural interpretation has been completed using the Airbus DEM data, providing a base guide for follow up field mapping and future geophysical interpretations on the Timok East property.
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