Dundee Precious Metals discovers one of most significant copper, silver and gold sites near Zagubica

Canadian company Dundee Precious Metals (DPM) has reported high-grade copper-gold-silver intercepts from its ongoing Serbian exploration program, including the Dumitru Potok prospect. Results included an intercept of 131.6 meters grading 3.93% CuEq, comprised of 1.53% Cu, 2.41 g/t Au and 12 g/t Ag from 1,126 meters and 76 meters at 2.47% CuEq, comprised of 1.01% Cu, 1.43 g/t Au and 10.37 g/t Ag from 1,277 meters downhole at hole DPDD032.

According to the company, this represents one of the most significant intercepts at Dumitru Potok to date and displays more than 250 meters of continuous skarn alteration and mineralization downhole.

In addition to Dumitru Potok, the company reported exploration results from its Rakita North and Frasen target delineation programs. Across the Rakita camp, the company completed approximatively 45,000 meters and 70 drillholes year-to-date, with 15 drillholes in progress, DPM says.

DPM expects to report three maiden Inferred Mineral Resource estimates by year-end 2025 for the Dumitru Potok, Rakita North and Frasen prospects, and is continuing additional scout drilling on the Potaj Cuka and Pester Jug licenses.

– We continue to be excited by the impressive drill results at Dumitru Potok. The Rakita camp is clearly demonstrating the existence of a large copper-gold system, analogous to other large porphyry-skarn systems globally, and remains largely untested – said David Rae, President and Chief Executive Officer of DPM.

Dumitru Potok is located adjacent to planned Coka Rakita infrastructure, and therefore, as DPM points out, has the potential to unlock additional value and growth potential for an already high-margin, high-return organic project.

DPM Avala doo Beograd

Dundee Precious Metals

David Rae

Dumitru Potok

Rakita North

Frasen

Potaj Čuka

Pešter Jug

gold

copper

silver