Electrum Discovery Advances AMT Geophysical Survey at Timok East, Identifying Additional Drill Targets

Core Viewpoint - Electrum Discovery Corp. has successfully completed the Phase 2 Audio-Magnetotelluric (AMT) survey at its Timok East exploration project in Serbia, revealing significant geological insights that enhance the potential for future drilling and mineralization [1][2]. Group 1: Survey Results and Geological Insights - The integration of AMT results from previous and new surveys has increased confidence in the extension of magmatism related to the Timok Magmatic Complex into Timok East, highlighting two zones of high conductivity at depths of 250–550 meters [2][6][11]. - The Phase 2 AMT survey covered an area of 12.5 square kilometers and utilized 41 measuring stations, significantly extending the 3D resistivity model from an earlier survey [4][6]. - The Late Cretaceous age of andesite found within the Limestone Boundary magnetic anomaly supports the potential for undiscovered porphyry and/or epithermal systems in the area [16][20]. Group 2: Exploration Context and Future Plans - The Timok East project is strategically located within the Western Tethyan Belt, adjacent to several world-class porphyry Cu-Au deposits, with multiple geophysical and geochemical anomalies identified [3][21]. - The results from the combined AMT surveys provide a strong technical basis for advancing new targets into a drill-ready stage in 2026, indicating a proactive approach to exploration [2][6][11]. - The company aims to maximize the value of its mineral projects while fostering sustainability and governance in the region [21].