Chinese mining company Zijin Mining, together with partner EMX Royalty Corporation, announced the discovery of a significant copper and gold deposit at Malka Golaja in Serbia.
The deposit is located 7 kilometers southeast of the Cukaru Peki mine and contains approximately 2.81 million tons of copper at an average grade of 1.87%, and 92 tons of gold at an average grade of 0.61 g/t. The total mineralized material is estimated to be approximately 150 million tonnes.
In addition, the deposit remains incompletely explored on the periphery, indicating potential for further exploration.
Source – Novaekonomija