Regional Prospects

While Adriatic is primarily focusing efforts on Kizevak and Sastavci, significant exploration potential exists across the region.

The Raska Project is within the Trepca Belt, part of the larger pan-Eurasian Western Tethyan Metallogenic Belt. Numerous base and precious metals mines and exploration projects are located in the Western Tethyan Belt.

Adriatic Metals’ projects located within the Western Tethyan metallogenic belt

Trepca is a historically significant mining district and was one of the largest producers of zinc, lead and silver in Europe throughout the twentieth century. Mining can be dated to pre-Roman times. The Raska Project is situated at the northwest end of the Trepca Belt.

The Raska Project is situated at the northwest end of the Trepca Belt, a historically significant producing region of zinc, lead and silver

The Oligocene-Miocene aged volcanic suite of rocks in the Trepca Belt represent an ancient volcanic arc. Formation and evolution of this volcanic arc generated various types of mineral deposit. More specifically, the rocks and geochemical signatures observed at surface across the Raska Project are typical of multiple large, zoned mineralised systems. Copper and gold rich centres (Rudnica, Kremice, Bukovik) are flanked by polymetallic epithermal veins (Kizevak, Sastavci, Karadak, Lipovica, Plavkovo).  

Aside from Kizevak and Sastavci, there are several prospects within andesitic volcanic rocks at the Raska Project. Polymetallic epithermal vein targets include Karadak, Lipovica, Plavkovo and Kremice East. These veins occur peripheral to and/or overprint central copper-gold porphyry systems at Rudnica, Kremice and Bukovik. This metal zonation is typical of multiple large mineralised systems in magmatic-hydrothermal belts.

Targeted geochemical sampling and geophysical campaigns define these mineralised systems, alongside historic drilling. Karadak, Rudnica and Kremice have been drill tested by the company.

Exploration licences and prospects of the Raska Project. Metal zonation at surface shows potential for for large zinc-lead-silver-gold and copper-gold mineralised systems.

Exploration has been limited since closure of the Kizevak and Sastavci mines. While Adriatic is primarily focusing efforts on Kizevak and Sastavci, significant exploration potential exists across the region.