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DPM Metals discovers high-grade gold-copper mineralization near Chelopech mine

Created at 3 Jun · 10:11 AM1 source↑ Market-relevant
IN SHORT

DPM Metals announced the discovery of high-grade porphyry mineralization adjacent to its Chelopech mine. Initial results show 713 metres grading 2.52 g/t gold equivalent, including 1.31 g/t gold and 1.16% copper.

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Key Numbers

713 metreslength of mineralization discovery
2.52 g/t AuEqgold equivalent grade
1.31 g/t Augold grade
1.16% Cucopper grade

Who's Involved

DPM Metals
Company announcing mineral discovery

↳ Why This Matters

This discovery could significantly increase the resource potential of the Chelopech mine, potentially impacting future production and profitability for DPM Metals and influencing gold and copper prices if the deposit proves substantial.

Key facts

  • DPM Metals discovered high-grade porphyry mineralization near the Chelopech mine.
  • Drilling results include 713 metres grading 2.52 g/t gold equivalent.
  • The mineralization comprises 1.31 g/t gold and 1.16% copper.

DPM Metals has announced a significant discovery of high-grade porphyry mineralization located adjacent to its Chelopech mine. The company reported that initial drilling results indicate a substantial find, with one interval measuring 713 metres that grades 2.52 grams per tonne of gold equivalent (AuEq). This grade is composed of 1.31 grams per tonne of gold (Au) and 1.16% copper (Cu). The discovery suggests potential for expanded resources and future production at the Chelopech site.

Frequently asked questions

DPM Metals discovered high-grade porphyry mineralization adjacent to its Chelopech mine.

The results included 713 metres grading 2.52 g/t gold equivalent, comprising 1.31 g/t gold and 1.16% copper.

The discovery is located adjacent to the Chelopech mine.

What Happens Next

01Further drilling and assaying to define the extent and grade of the mineralization.

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How It Developed

3 Jun · 10:04 AM
DPM Metals has discovered high-grade porphyry mineralization near the Chelopech Mine, with initial results showing 713 metres grading 2.52 g/t AuEq.
Financial Post via PiQSuite

Sources

T1
DPM Metals Announces Discovery of High-Grade Porphyry Mineralization Adjacent to Chelopech Mine; Results include 713 Metres at 2.52 g/t AuEq (comprising of 1.31 g/t Au and 1.16% Cu)m.piqsuite.com

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