Yugo Metals (ASX:YUG) strong start to drilling at Sinjakovo

Yugo Metals Limited has posted strong early results from its ongoing drilling program at the Sinjakovo Project in Bosnia-Herzegovina, underscoring the potential for significant polymetallic mineralisation.

The discovery at the Kovacevac prospect, which includes promising high-grade silver-lead-zinc intersections, is an encouraging sign for the project’s long-term potential.

Highlights:

• High-grade polymetallic results received from first three drillholes at Kovacevac.

• Best intercept: 1.2m @ 129 g/t Ag, 11.7% Pb, and 0.9% Zn from 28.2m depth in drillhole KVDD001.

• Sporadic galena-sphalerite mineralisation observed over 5m.

• Mineralisation remains open along strike, suggesting further exploration potential.

Yugo’s Sinjakovo Project, strategically located in the Tethyan metallogenic belt, is gaining momentum, with the latest drilling results from the Kovacevac prospect highlighting a substantial polymetallic system that has yet to be fully explored.

The first three drillholes of the program have already intersected significant silver, lead, and zinc mineralisation, with the best results coming from drillhole KVDD001, which returned 1.2m at 129 g/t Ag, 11.7% Pb, and 0.9% Zn from 28.2m.

Yugo’s exploration approach, which focuses on testing the barite veins that host the polymetallic mineralisation, appears well-positioned to yield further promising results.

Yugo Metals Executive Director and Interim CEO Petar Tomašević commented:

“Our drilling at Kovacevac prospect has had a strong start. Polymetallic high-grade silver-lead-zinc mineralisation was encountered on the first drill program, which is exactly what explorers hope to see in the early stages of a project.”

He further emphasized the resilience of polymetallic projects, noting their ability to weather commodity price fluctuations by offering exposure to a diverse set of metals.

The early signs of success at Kovacevac are significant for both the project and the broader market outlook.

With silver, lead, and zinc in high demand—particularly for industrial uses such as battery production, galvanisation, and infrastructure development—this discovery could position Yugo Metals to capture value from a diversified revenue stream.

As Tomašević noted, the presence of multiple valuable metals in one deposit can provide revenue stability, making the project attractive in an often volatile market.

Looking ahead, Yugo is well-placed to expand its drilling campaign, with the remaining drill holes at Kovacevac set to test the western extensions of the mineralisation, and the results so far suggesting the mineral system may continue to grow.

With mineralisation open along strike, further drilling could uncover additional high-grade intervals and deepen the resource potential at Sinjakovo.

As Yugo continues its drilling efforts at Sinjakovo, attention will shift to the broader implications of these results for its exploration strategy.

With positive early-stage outcomes and ongoing exploration, the project could progress towards a more defined resource estimate in the coming quarters.

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