Gold discovery in first-ever drilling results from Erak
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.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Story so far
Earlier from Yugo Metals
- Drilling Update from Sinjakovo Project
- Appointment of Petar Tomasevic as Chief Executive Officer
- Petrovo licence approved
- Trading Halt
- Strong start to drilling at Sinjakovo
Later from Yugo Metals
- $5M Placement to accelerate drilling across Balkan portfolio
- Yugo Advances Erak Discovery
- Board Site Visit & Commencement of Drilling at Cajnice
- Land Access Secured for Petrovo Drilling
- Quarterly Activities/Appendix 5B Cash Flow Report
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