# Minrex kicks off greenfield gold-silver drilling in Serbia

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/minrex-kicks-off-greenfield-gold-silver-drilling-in-serbia--841b44ad-bca1-421e-b852-5e8ebdab8925

Original source: https://stockhead.com.au/resources/minrex-kicks-off-greenfield-gold-silver-drilling-in-serbia/

Publisher: stockhead

Original announcement: 2026-09-16T02:44:07.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Minrex Resources

- Ticker: MRR

- Exchange: Unavailable

- Region: Serbia

- Primary commodity: Gold

- Secondary commodities: Silver, Lead, Zinc

- Document categories: Resource update, Drill results

- Extracted: 2026-09-19 00:39:08 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Minrex Resources has commenced a 33-hole maiden greenfield drilling program at its Tlamino project in Serbia, targeting extensions of the Barje deposit. The program aims to test the Barje-Liska corridor and expansion targets, with a maiden JORC resource estimate and scoping study expected in the coming months.

Reasoning: The announcement marks a significant transition from resource definition to greenfield exploration at the Tlamino project, with multiple upcoming milestones including a maiden JORC resource and scoping study.

- Positive factor: Commencement of maiden greenfield drilling program

- Positive factor: Expansion from resource definition into discovery drilling

- Positive factor: Anticipated maiden JORC resource estimate

- Positive factor: Upcoming scoping study

Facts used in scoring: 2

## Classification and evidence

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: Drilling is targeting extensions beyond the known Barje deposit into the Western/Eastern Expansion targets and Barje-Liska corridor.

Evidence · text

> Maiden greenfield drilling has started at Tlamino 33 holes will test extensions and the Barje-Liska corridor

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: The document references a foreign NI 43-101 Inferred estimate for the Barje deposit.

Evidence · text

> Barje currently carries a foreign NI 43-101 Inferred estimate of 7.1Mt at 2.5g/t gold and 38g/t silver

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: The program targets extensions and structural intersections related to the known Barje and Liska deposits.

Evidence · text

> The Western and Eastern Expansion targets are designed to test the continuation of the shallow structural intersection that controls the gold-silver mineralised hydrothermal breccias at Barje.

## Extracted facts

Stored fact records: 2. Some facts used in scoring do not have a stored record.

## Resource Estimates (2)

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/minrex-kicks-off-greenfield-gold-silver-drilling-in-serbia--841b44ad-bca1-421e-b852-5e8ebdab8925#fact-resource-facts-0)

Tlamino · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Tlamino
- Commodity: gold
- Region: serbia
- Reported Region: Serbia
- Ticker: MRR

#### Resource scope

- Estimate type: resource
- Resource group id: resource:c173811ad3c08faacdff
- Deposit or zone: Barje

#### Resource Data

- Category: inferred
- Tonnes: 7100000
- Grade: 2.5
- Grade Unit: g/t
- Contained Metal: 570000
- Contained Unit: oz

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes

#### Dates

- Event date: 2026-09-16T00:00:00.000Z

Reasoning: Historical/foreign estimate provided for context.

- Negative factor: Foreign estimate

Evidence · text

> Barje currently carries a foreign NI 43-101 Inferred estimate of 7.1Mt at 2.5g/t gold and 38g/t silver for 570,000oz gold and 8.8Moz silver

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**No QP/CP Disclosure**

Polarity: negative

Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.

Why it applies: no Qualified or Competent Person is named anywhere in the release

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/minrex-kicks-off-greenfield-gold-silver-drilling-in-serbia--841b44ad-bca1-421e-b852-5e8ebdab8925#fact-resource-facts-1)

Tlamino · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Tlamino
- Commodity: silver
- Region: serbia
- Reported Region: Serbia
- Ticker: MRR

#### Resource scope

- Estimate type: resource
- Resource group id: resource:c173811ad3c08faacdff
- Deposit or zone: Barje

#### Resource Data

- Category: inferred
- Tonnes: 7100000
- Grade: 38
- Grade Unit: g/t
- Contained Metal: 8.8
- Contained Unit: moz

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes

#### Dates

- Event date: 2026-09-16T00:00:00.000Z

Reasoning: Historical/foreign estimate provided for context.

- Negative factor: Foreign estimate

Evidence · text

> Barje currently carries a foreign NI 43-101 Inferred estimate of 7.1Mt at 2.5g/t gold and 38g/t silver for 570,000oz gold and 8.8Moz silver

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**No QP/CP Disclosure**

Polarity: negative

Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.

Why it applies: no Qualified or Competent Person is named anywhere in the release

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
