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DPM Metals Reports New High-Grade Discovery at Chelopech
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DPM Metals Reports New High-Grade Discovery at Chelopech
Nov 19, 2025 2:42 PM

05:24 PM EST, 11/19/2025 (MT Newswires) -- DPM Metals ( DPMLF ) after trade Wednesday released new exploration-drilling results from the Wedge Zone Deep target, located within the northern flank of the Chelopech mine concession.

One of the key drillholes, EX_WZD_210_01, intersected 68.3 meters averaging 7.42 grams per tonne gold equivalent, the company said, adding that this high-grade discovery was made by following up on earlier scout drilling in the same area.

"We are excited by the discovery of high-grade mineralization at the Wedge Zone Deep target at Chelopech, which underscores the significant exploration potential at our core operation," Chief Executive David Rae said.

The company also said it plans to invest between $2 million and $3 million to complete about 10,000 meters of additional drilling by the end of the first quarter of 2026.

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