Minrex Resources has announced significant exploration results from its Tlamino Gold Project in Serbia, revealing high-grade gold and silver mineralisation that exceeds historical expectations. The project, which has not been drilled for nearly eight years prior to Minrex’s acquisition, is now showing promising signs of resource expansion ahead of its maiden JORC Mineral Resource Estimate (MRE) due next quarter. The recent assays indicate that gold and silver have been found in excessive widths and above domain average grades, suggesting a robust potential for resource growth.
The Tlamino project is strategically located in the West Tethyan Belt, an area known for its rich mineral deposits, including the nearby Zijin Mining’s Veliki Krivelj mine. Minrex’s exploration efforts are backed by a fully funded 2026 drilling program, which includes over 9,000 meters of planned drilling. This initiative aims to further delineate the resource and potentially reclassify it to indicated status, enhancing its economic viability.
Minrex’s exploration strategy is not only focused on Tlamino but also extends to its Timok East Copper-Gold Project, which is situated in close proximity to major mining operations. The company is optimistic about the district-scale discovery potential, leveraging the geological features of the region that are conducive to significant mineralisation.
The company’s leadership, including experienced mining professionals, is committed to advancing the exploration and development of its projects. With a clear roadmap for value creation, Minrex is poised to make substantial contributions to the mining sector in Serbia, particularly as global demand for gold and copper continues to rise.
As the mining industry faces increasing pressures from environmental regulations and market fluctuations, Minrex’s proactive approach in Serbia positions it well within a competitive landscape. The forthcoming updates from the ongoing drilling activities are highly anticipated by investors and stakeholders, as they could lead to a re-evaluation of the company’s market position and resource estimates in the near future.
