Rupice Expanded Concession Agreement
The Premier of the Zenica-Doboj Canton has approved Adriatic Metals’ application for a significant land extension to its current Concession Agreement.
Find out moreRupice Project
The Rupice Project is an advanced exploration project which exhibits exceptionally high grades of base and precious metals and is located approximately 12km North West of the Veovaca Project.
In 2017, the Company completed an 8 hole, 1,458 metre diamond drilling program at the Rupice Project, to confirm the historical results and the predominance of precious metals with the base metals.
Now in 2020, Adriatic has completed over 35,000m of exploration drilling, with 129 holes, expanding the known area of mineralisation, and defining some of the highest grade poly-metallic intercepts globally.
- Updated JORC 2012 Resource of 12.0Mt - 79% of the Mineral Resource in the Indicated Resources category
- 32% increase in tonnes from July 2019 Maiden JORC Resource
- Mineralisation remains open towards the north and down-dip to the south
- Defined strike length of 650m, with average true width thickness of c.20m.
- The Exploitation permit was issued in Q1 2021
2 September 2020
25 May 2020
Environmental Permit issued by Federal Ministry of Environment & Tourism
The Federal Ministry of Environment and Tourism has issued The Veovaca Environmental Permit, one of the key approvals required for the issue of the Exploitation Permit.
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4 May 2020
Sulphide Mineralisation continues South and East at Rupice
BR-02-20 intersected massive sulphide mineralisation in the southeastern extension of the Rupice deposit, extending the known mineralisation 20m down dip.
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23 April 2020
POSITIVE RECORD OF DECISION RECEIVED FOR ENVIRONMENTAL PERMIT
The Federal Ministry of Environment and Tourism has issued a positive Record of Decision for the Veovaca Environmental Permit, one of the key approvals required for the issue of the Exploitation Permit.
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26 March 2020
GRAVITY DATA REPROCESSING HIGHLIGHTS SIGNIFICANT ANOMALIES AT RUPICE AND JURASEVIC-BRESTIC
Recent reprocessing of gravity data over the Rupice and Jurasevac-Brestic areas has highlighted a number of significant geophysical anomalies.
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29 January 2020
AMENDMENT TO CONCESSION AGREEMENT SECURES PRECIOUS METAL RIGHTS
The Annex 4 to Concession Agreement with Zenica-Doboj Canton confirms our rights to Gold, Silver and Copper.
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26 August 2019
High Grade Mineralisation continues North and South
Most northerly hole BR-17-19 returns best intersection in the Rupice North licence extension area.
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9 July 2019
High Grade Mineralisation continues North at Rupice
Drilling to the north in the extended Rupice Licence area continues to intersect mineralisation which remains open down-plunge to the north.
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22 May 2019
Rupice Plan View
High grade orebody (bright orange) subcrops in several areas and is plunging/open to the N/NE.
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22 May 2019
Rupice Area - IP Chargeability Anomalies
Numerous IP anomalies indicate these projects form part of a broader polymetallic district, with immediate targets in the Rupice and Borovica Corridor.
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26 July 2018
Exploration
The Rupice prospect is located 12 km to the northwest of Veovaca on the western slope of Kiprovac Ridge. Other known prospects include Jurasevac-Brestic and prospects in the Borovica corridor (Kraljeva Jama, Siroki Radakovac, Ceo Sutjeska and Zakruzje).
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16 July 2018
Rupice Long Section
High grade mineralization extends from surface and dips to the NNE, and plunges to the N. The average thickness is approximately 22m, but increases down dip. Adriatic are currently drilling down plunge into their recently acquired extended concession area.
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