According to the company, the newly discovered deposit is among its most significant discoveries in recent years, featuring significant scale and good continuity of mineralization.
The most impressive results to date have been reported in borehole EX_BRESPO_03. It intersected a continuous interval of 713 meters with an average grade of 2.52 g/t gold equivalent, comprising 1.31 g/t gold and 1.16% copper. Within this section, a richer zone of 398 meters has been identified, where the average grade reaches 3 g/t gold equivalent, composed of 1.48 g/t gold and 1.45% copper. Drilling activities are still ongoing, bTV also reported.
Analysts cited by Mining define the deposit as a potential high-grade porphyry system, based on results obtained to date. Among the main advantages of the discovery is its proximity to the existing mineral reserves of the “Chelopech” mine – approximately one kilometer away, which, according to experts, can significantly facilitate the future development of the deposit.
The newly discovered mineralized zone is part of a large-scale hydrothermal system measuring over 1,000 by 1,500 meters and remains open to expansion. The company states that the size of the system and the proven continuity of mineralization to date indicate significant potential to increase the resource as exploration activities progress.
In response to the discovery, DPM has already deployed five high capacity drilling rigs to the field area. The company’s plans call for additional drilling with a total length of up to 15,000 meters by the end of 2026 to confirm the geometry and continuity of the mineralization – key indicators for future resource assessment.
The company also published the results of other wells in the area. EX_BRES_555_02 intersected a 95 meter interval averaging 0.43 g/t gold and 0.48% copper, while hole EX_BRES_555_02A reported 37 meters averaging 0.53 g/t gold and 0.63% copper.
The discovery is DPM’s fourth significant since 2023, following the Čoča Rakita and Dumitru Potok fields in Serbia, as well as the Wedge zone.
The company’s CEO, David Ray, described the discovery as an important moment for the company and its shareholders.
“This is an extraordinary time for DPM and our shareholders,” he said.
