Copper & Gold Exploration in Serbia

Electrum Discovery Corp. is an emerging, Canadian-based mineral exploration and development company focused on copper and gold on the prolific Western Tethyan Belt, with a large portfolio of exploration and development stage projects located in the Republic of Serbia. We aim to maximise shareholder value through the acquisition and advancement of our copper-gold assets.

We are a team of industry veterans and world-renowned porphyry copper-gold experts, with an extensive track-record of finding, developing, financing, and adding significant value to mining companies.

Our current focus is twofold:

• Advancing copper-gold exploration at our Timok East Project, adjacent to the Bor Copper Gold Mining Complex and world-class Timok Magnetic Complex, a region that hosts a number of copper-gold mines operated by major mining companies; and
• Expanding our 670,000 oz¹ AuEq Tlamino gold project, part of the larger Novo Tlamino Project, located on the underexplored Serbo-Macedonian Massif.

We are committed to highest standards of sustainability, governance and knowledge transfer in the region. Through open communication, community engagement and commitment to best environmental practices we aim to positively contribute to regional economic and social development.

“Serbia is a mining friendly country with a long history of copper, lead, zinc and silver mining. Despite its prospectivity it has enjoyed relatively little mineral exploration, which of course presents a highly attractive opportunity. The country is situated at the western end of the prodigious Tethyan Mineral Belt, which gives host to over 250 producing precious and base metal mines between Europe and Asia, and more locally in the historic Bor copper-gold mining district of eastern Serbia. The combination of highly prospective geology, under-exploration, advanced infrastructure, the availability of geoscientific data, modern mining laws, and a highly educated population makes Serbia one of the most prominent emerging mining jurisdictions in the world.”

Dr Elena Clarici, Co-founder and CEO

(1) See Preliminary Economic Assessment and NI 43-101 Technical Report for the Medgold Tlamino Project Licenses, Serbia, prepared for Medgold Resources Corp. by Addison Mining Services, January 7, 2021.