Location: North Timok, Serbia
Category: JV Optioned Projects
Partner: BHP
Size: 55 sq km
NSR: 2%
Commodity: Copper, Sediment Hosted and Porphyry potential
Exploration Stage: Target Delineation – West Zone and East Zone, Central and North Zone
Status: Drilling in 2024
Upcoming Exploration: Drilling in 2024
Target Areas: West Zone, East Zone, Central Zone, North Zone
Project Overview:
Adjacent to producing copper mine – The project is directly adjacent to the north of the producing Majdanpek Mine Complex.
One identified porphyry with potential for additional under cover porphyry systems – Two of the targets at the southern end of the exploration area have similarities with the Majdanpek deposit – similar geology, structural settings, and mineralization.
Geophysical anomalies – CSAMT and magnetic anomalies have identified drill targets to test for undercover porphyry systems. Further geophysics in 2024 is planned to complete MobileMT.
Drill Targets – four drill target areas identified: Southwest Zone and Southeast Zone, Central and northwest, based on geophysics, geochemistry and drill holes from prior exploration programs.
