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St Charles Resources Inc ( (TSE:ZLTO) ) has provided an update.
BULGOLD Inc. has confirmed the discovery of the Kopernica Vein System on the Lutila Gold Project in Slovakia, mapping, drilling and sampling it over an area of roughly 1,000 by 500 metres on the western slopes of the North East Block. The system is centred on a 700-metre Main Vein, where surface samples returned up to 2.88 g/t gold and 15.8 g/t silver, complemented by additional hanging wall splay veins and the emerging parallel West Vein.
Drilling intersected the Main Vein at greater depth than expected, enabling BULGOLD to define a 250–300 metre vertical “gold window” between surface and the KPDD001 intercept, which in turn allows future drillholes to be shortened to less than 250 metres, cutting exploration costs. The company positions this new discovery, located between two major historic epithermal deposits, as a platform for growth and further high-grade vein discoveries within a well-endowed Central Slovak gold-silver district.
More about St Charles Resources Inc
BULGOLD Inc. is a Toronto-based mineral exploration company focused on gold and silver, with its flagship Lutila Gold Project in the Central Slovak Volcanic Field. The project targets underground, high-grade quartz-adularia epithermal gold ± silver veins and is strategically located between the historic Kremnica and Banska Štiavnica Au-Ag vein systems, which have produced significant precious metals over many centuries.
Average Trading Volume: 64,310
Technical Sentiment Signal: Sell
Current Market Cap: C$2.81M
Learn more about ZLTO stock on TipRanks’ Stock Analysis page.

