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The latest announcement is out from Electrum Discovery ( (TSE:ELY) ).
Electrum Discovery Corp. has announced promising results from a petrological study at the Karamanica Prospect within its Novo Tlamino Project in southern Serbia. The study confirmed the presence of gold-bearing structures across three new target areas, with assays showing significant gold and silver mineralization. These findings enhance the project’s potential, positioning Karamanica as a high-priority target and indicating opportunities for further exploration and resource definition, which could have positive implications for the company’s growth and stakeholder interests.
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 engaged in identifying and developing gold and base metal deposits, with a particular focus on the Novo Tlamino Project in southern Serbia, which is part of the Serbo-Macedonian Metallogenic Belt.
Average Trading Volume: 92,629
Technical Sentiment Signal: Sell
Current Market Cap: C$6.36M
See more insights into ELY stock on TipRanks’ Stock Analysis page.