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Mining
Electrum Discovery Corp. (TSX-V:ELY) Announces Phase 1 Drilling Results at Timok East Copper-Gold Project
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Highlights
Electrum Discovery Corp. (TSX-V:ELY | FRA:R8N | OTC:ELDCF) has reported results from its Q1 2025 exploration activities at the Timok East copper-gold project, located in eastern Serbia. These results include the completion of the maiden Phase 1 diamond drill program at the Bambino Central copper-gold anomaly target, a key area within the company’s 100%-owned project.
During Phase 1 drilling, the company encountered skarn and hydrothermal alteration typical of the distal zones of a fertile hydrothermal system. The presence of skarn, in combination with the results of Audio-Magnetotelluric (AMT) surveys indicating a deep conductive anomaly, supports the potential for discovering a deeper mineralized system in the area. This finding is significant for the long-term exploration potential at Timok East.
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