ADT 0.97% $4.17 adriatic metals plc

The CSA report:"Due to recent snow cover at the time of the site...

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    The CSA report:


    "Due to recent snow cover at the time of the site visit, it was not possible to review outcrops other than that exposed at Veovaca open pit, and small isolated outcrops at Rupice" 


    Not just about Rupic/Veovaca, I think their report is an interesting read but probably too preliminary.

    ADT have mentioned a 9MT exploration target for just one prospect "Borovica" in a similar lithological setting with similar mineralisation at surface (going by their terrible maps).  The IP data indicates an entire corridor of anomalies extending for KM.  The grade "expectation" is much lower but the grades at Rupice only impressed after getting deeper.

    Scatterplot for Rupice zn+pb grades vs intersect Depth (From) (historical and current).  Around 1-5% pb+zn shallower than 50m.

    https://hotcopper.com.au/data/attachments/1240/1240821-fc694d2be7499af42a013b43b85786a9.jpg


    We don't have much in the way of surface geology maps, apart from this:


    https://hotcopper.com.au/data/attachments/1240/1240842-a38038a34c91a5ac652a85294648e1de.jpg

    I guess my point is - once they expand concession holding and I expect both north and south of Rupice to be a priority - we will learn more.  The initial conclusions by CSA are just that.  

    Rammelsberg is interesting and hopefully relevant (outstanding deposit), particularly the copper values in brecciated sediments in vent complex and gold grades throughout.

 
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