Ground Magnetic Survey Commences at Electrum's Timok East Copper-Gold Project in Eastern Serbia

Core Viewpoint - Electrum Discovery Corp. has initiated a ground magnetic survey at the Timok East Copper-Gold Project in eastern Serbia, aimed at refining exploration targets and enhancing understanding of geological systems in the area [1][2]. Project Overview - The Timok East Project encompasses three mineral permits: Bukova Glava, Luka, and Makovište, covering a total area of 123 square kilometers [1]. - The ground magnetic survey will cover 59 square kilometers across the Makovište and Luka licenses, involving 280 line kilometers of data collection [2]. Survey Objectives - The primary goal of the survey is to identify magnetic responses associated with porphyry deposit alteration and magnetite-rich zones within skarn systems [4]. - The survey will help refine the exploration strategy and drill targeting by detecting magnetic signatures of alteration and mineralization [6][7]. - It aims to delineate the shape and extent of intrusive bodies, which are critical for understanding mineralization sources [8]. Data Integration - Magnetic data will be integrated with geological, geochemical, and other geophysical data to enhance exploration targeting [10]. - The survey will also assist in mapping structural features that may influence mineralizing fluid pathways [9]. Company Background - Electrum Discovery Corp. is focused on mineral exploration and development in the Western Tethyan Belt, with two main projects covering 645 square kilometers in Serbia [12]. - The company aims to maximize the value of its mineral projects for stakeholders, including shareholders and the local community [13].