Yugo Metals LimitedASX: YUG

Gold discovery in first-ever drilling results from Erak

· Issued by Yugo Metals Limited

Filed with ASX · · 15 pages · English

Summary by 6ix AI

Yugo Metals Limited has announced the initial results from its first-ever drilling program at the Erak Prospect, part of the Sinjakovo Project in Bosnia and Herzegovina. The drilling campaign has intersected encouraging gold results, confirming a genuine gold discovery with mineralised alteration zones identified in all drillholes completed to date. Drilling is ongoing, with plans to complete additional drillholes and relocate the rig to test the best trench result. Pending assay results are expected in the coming weeks, which will provide further insights into the mineralisation at the site.

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