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An announcement from Electrum Discovery ( (TSE:ELY) ) is now available.
Electrum Discovery Corp. has announced an operational update on its exploration projects in Serbia, specifically the Timok East and Novo Tlamino projects. At Timok East, the company is conducting a second phase of the Audio-Magnetotelluric (AMT) survey to identify potential copper-gold systems, expanding its exploration footprint with a new license. Meanwhile, at Novo Tlamino, a ground magnetic survey is underway to refine drill targeting around the Barje deposit, with plans for infill drilling to update resources. These efforts are expected to enhance Electrum’s exploration capabilities and potentially uncover significant mineral deposits, reinforcing its strategic position in the region.
More about Electrum Discovery
Electrum Discovery Corp. operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in copper, gold, and silver exploration projects, with a significant presence in the Western Tethyan Belt in Serbia.
Average Trading Volume: 169,850
Technical Sentiment Signal: Hold
Current Market Cap: C$8.72M
Learn more about ELY stock on TipRanks’ Stock Analysis page.