18.2 C
Belgrade
Supported byspot_img
spot_img

Tethyan Resource starts drilling at Kizevak project Serbia

Member of Europium Groupspot_img
Supported byspot_img

Tethyan Resource Corp. has commenced drilling, that will be the first significant exploration programme on the recently acquired Kizevak project, since it was explored by the Serbian State.

This initial programme will be conducted with one diamond drill rig, with hole depths to between 150 – 300 metres for approximately 2,300 metres in total and is anticipated to complete in mid-August. Drilling is intended to verify historic drill results and test for depth extensions to mineralisation identified in historic exploration adits.

Fabian Baker, Tethyan’s President & CEO commented: “We are excited to commence drilling at Kizevak. This will be the first significant exploration programme on the project since it was explored by the Serbian State, predominantly in the 1970’s and 80’s. Drilling at that time intercepted broad intervals of high-grade silver-zinc-lead mineralisation from surface to approximately 150 metres depth, and our drill programme intends to verify these results and begin to test for continuations of mineralisation at depth. It is testament to the effective working environment in Serbia that we have been able to permit land access and build drill pads in just 3 weeks following the acquisition of the Kizevak project, and we look forward to scaling up our exploration efforts over the coming year.”

Supported by

Source: finance.yahoo.com

 

 

Supported byElevatePR Digital

Related News

Serbia’s lithium wealth: Navigating global power struggles amid US-China trade tensions

The intensifying trade conflict between the United States and China over lithium resources, critical for the burgeoning electric vehicle industry worldwide, has thrust Serbia...

Overhauling Serbia’s mining policies: Towards sustainable resource governance

The contrast between Serbia and Norway in terms of resource management is stark. While Norway commands a significant share, ranging from 27 to 78...

Revolutionizing mining practices: “Zijin’s sustainable initiatives in Serbia

Over the past five years, "Zijin" has tackled air pollution in Bor and implemented a wastewater recycling system, ensuring no discharge into waterways, according...

Safeguarding critical raw material supplies amidst global competition

Arthur Leichthammer, a Geoeconomics Policy Fellow at the Jacques Delors Centre, emphasizes the urgent need for the EU to reevaluate its strategic approach to...
Supported by
Supported by
Supported by
error: Content is protected !!