Recent announcements from three companies engaged in precious metal exploration in Serbia highlight the country’s significant mineral wealth. Australia’s Strickland Metals has reported promising new findings at its Rogozna project, specifically in Medenovac. Drilling revealed an impressive 1.7 grams per tonne gold equivalent at 179 meters, with a standout 43-meter zone yielding 4.6 grams per tonne at a depth of 357 meters. This marks the company’s third-best result from 36 drilled holes.
Meanwhile, Canada’s Electrum Discovery is making strides in the Timok Krajina region, near the Veliki Krivelj deposit. Their latest results indicate multiple gold mineralizations, with grades ranging from 3.35 to 14.2 grams per ton. Additionally, they discovered potential silver content between 9 and 71 grams per ton. Electrum plans to enhance its exploration efforts through detailed mapping and further sampling.
Lastly, Canadian company Mundoro is targeting five new drilling sites in its South Timok Trstenik project, focusing on gold, copper and molybdenum. They anticipate approval for drilling permits by the end of 2024.
These developments reaffirm Serbia’s status as a hotspot for gold, silver and copper exploration, attracting international interest and investment in its mineral resources.
