Mining News in Bulgaria

DPM Metals Inc.
DPM Metals Inc.
DPM
Bulgaria

DPM Metals Expands Brevene Porphyry South Discovery with New High-Grade Intercepts

DPM Metals Inc. announced high-grade gold-copper-molybdenum drill intercepts from its Brevene Porphyry South discovery, including 716.6m at 3.30 g/t AuEq and 1054m at 2.49 g/t AuEq. The drilling extends mineralization onto the adjacent Chelopech mine concession, confirming a large porphyry system. Preliminary metallurgical testwork indicates amenability to conventional flotation, producing high-grade copper-gold concentrates. The company plans an aggressive drilling program and is advancing permitting to convert the exploration licence to a mining concession in Bulgaria.

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DPM Metals Inc.
DPM Metals Inc.
DPM
Bulgaria

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)

DPM Metals has announced a major new gold-copper porphyry discovery at the Brevene South Porphyry (BSP) target in Bulgaria. The discovery includes a significant 713-metre intercept grading 2.52 g/t AuEq (1.31 g/t Au and 1.16% Cu), demonstrating strong continuity and scale adjacent to the existing Chelopech mine.

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DPM Metals Inc.
DPM Metals Inc.
DPM
Bulgaria

DPM Metals Reports New High-Grade Intercepts from the Chelopech Wedge Zone Deep Prospect; Expects Mineral Resource Estimate by Year-End 2026

DPM Metals announced high-grade drill results from its Wedge Zone Deep prospect at the Chelopech mine in Bulgaria, including 58 metres grading 15.28 g/t AuEq and 81 metres grading 8.05 g/t AuEq. These intercepts confirm and extend mineralization significantly below existing mine infrastructure, with grades well above the current mine reserve grade. The company plans to release an initial Mineral Resource Estimate for the prospect by year-end 2026, supported by positive preliminary metallurgical testwork.

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DPM Metals Inc.
DPM Metals Inc.
DPM
Bulgaria

DPM Metals Extends Chelopech Mine Life to Ten Years; Provides Updated Mineral Reserve and Resource Estimate and Life of Mine Plan

DPM Metals has announced an updated Mineral Reserve and Resource estimate for its Chelopech mine in Bulgaria, extending the mine life to 10 years. Proven and Probable Mineral Reserves increased by 42% in tonnage, with contained gold up 12% and copper up 10%. Measured and Indicated Mineral Resources, exclusive of reserves, also grew by 20%. The updated life of mine plan supports an average annual production of approximately 160,000 gold equivalent ounces.

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DPM Metals Inc.
DPM Metals Inc.
DPM
Bulgaria

DPM Metals Announces Discovery of New High-Grade Mineralization at the Chelopech Mine; Results Include 68.3 metres at 7.42 g/t AuEq

DPM Metals has announced a high-grade discovery at its Chelopech mine in Bulgaria at the Wedge Zone Deep (WZD) target. Drilling returned significant intercepts, including 68.3m at 7.42 g/t AuEq and high-grade segments up to 12.78 g/t Au, suggesting significant expansion potential below existing reserves.

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Velocity Minerals Ltd.
Velocity Minerals Ltd.
VLC
Bulgaria

Velocity Provides Corporate and Exploration Update and Extends Advisory Engagement

Velocity Minerals Ltd. announced new drill results from its Iglika project in Bulgaria, reporting several low-grade copper intercepts and some moderate-grade gold intercepts. Concurrently, Dundee Precious Metals is terminating its option agreement on Iglika, and Velocity is exploring strategic alternatives, including the potential sale of its prefeasibility-stage Rozino gold deposit. The company is seeking a new partner for the Iglika project.

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Velocity Minerals Ltd.
Velocity Minerals Ltd.
VLC
Bulgaria

Velocity Receives Positive Drill Results from Iglika Copper-Gold Project, Southeast Bulgaria

Velocity Minerals reported positive drill results from the Iglika copper-gold project in Bulgaria, highlighted by a 70.9m copper intercept in hole IDD-006. Trenching also yielded high-grade gold, including 1.0m at 12.3 g/t Au. A second drill rig has been mobilized to continue Phase II exploration.

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Velocity Minerals Ltd.
Velocity Minerals Ltd.
VLC
Bulgaria

Velocity Reports Positive Exploration Results at Zlatusha Copper-Gold Property, Bulgaria

Velocity Minerals has completed extensive geophysical, geochemical, and mapping programs at the Zlatusha copper-gold property in Bulgaria. While the update identifies several high-priority targets and high-grade copper showings via pXRF, no new drill assays were reported, with the company planning its first drill program for H1 2024.

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