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Adriatic Metals PLC - developing Vares silver project in Bosnia & Herzegovina - Receives results from Kizevak and Sastavci deposits in Serbia. Says first true exploration holes at the Raska project in Serbia have shown the potential scale of this high grade, shallow deposit. Drill results have continued to define broad, sub-parallel, near-surface zones of mineralisation and holes KZDD-017 and KZDD-020 show significant mineralisation exists outside of the historically defined resource limits. The drilling at Kizevak to date is over a strike length of 300 metres to a depth of 170 metres,
"At Sastavci our first hole encountered strong near surface mineralisation, but the additional gold intercept has added further excitement to this historically significant deposit," Managing Director Paul Cronin says. "With both Kizevak and Sastavci to be fully tested, our recent LIDAR and micro gravity survey's offer significant possibilities for targeted expansion."
Current stock price: 121.00 pence
Year-to-date change: up 44%
By Arvind Bhunjun; arvindbhunjun@alliancenews.com
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