Source: Novosti | Thursday, 01.01.1970.| 11:58
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Company "Dundee Precious Metals" discovered rich deposits of copper and gold on Crni Vrh

After one year of researches, the first results in the search for copper and gold deposits on the concession fields of "Čoka kuruga", "Tilva njagra" and "Čoka kupjatra" on Crni Vrh mountain, which is carried out by the geologists of Canadian company "Dundee Precious Metals" are very encouraging.

The reason for optimism is given by the results of the search for red and precious metals on other four locations in the Timok border area: around the villages of Jasikovo, Zlot, Savinac and Tisnica, where "DPM" has the right to research.

- Last year, on 150 square meters of the concession space on Crni Vrh mountain, aerogeophysical and land-geophysical researches were carried out - says Lorens Marsland, the Vice President of "DPM".

(Photo: b)

- All results have been added to the maps, which will make it possible for us to start ranking of the most perspective locations for continuation of thorough geological researches in 2007.

Canadian company invested several millions of euros in 2006 in geological researches and, according to the data of the Ministry of Mining and Energy, it is the leader in the size of investments in this field in Serbia.

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