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Resource Growth at Rakita Hinges on Permit Renewal and Drilling Resumption

Mining By Maxwell Dee 3 min read

DPM Metals has announced a substantial inferred mineral resource at its Rakita Camp in Serbia, highlighting 2.6 million ounces of gold and 1.9 billion pounds of copper. This milestone underscores the camp's potential as a district-scale gold-copper system with promising growth prospects.

  • Inferred resource totals 2.6 million ounces gold and 1.9 billion pounds copper
  • Dumitru Potok prospect forms a higher-grade core with 2.2 million ounces gold
  • Metallurgical tests indicate high recoveries and saleable concentrates
  • Deposits remain open for expansion with further drilling planned in 2026
  • Company leverages 20+ years local experience and infrastructure for development

A Significant Milestone for Rakita Camp

DPM Metals Inc. has revealed initial inferred mineral resource estimates for its Rakita Camp in eastern Serbia, marking a major step forward for the company’s exploration ambitions. The combined resource encompasses 2.6 million ounces of gold and 1.9 billion pounds of copper contained within 84.4 million tonnes of ore, grading just under 1 gram per tonne gold and slightly over 1% copper. This scale positions Rakita as a potentially district-scale gold-copper system, a rare find in the region.

Dumitru Potok – The High-Grade Core

Among the three key prospects, Dumitru Potok, Rakita North, and Frasen, the Dumitru Potok deposit stands out as the higher-grade core, hosting 2.2 million ounces of gold and 1.5 billion pounds of copper. Its mineralization extends over a substantial strike length and vertical extent, with geological characteristics that suggest robust continuity. This core area will likely be the focus of early-stage development and further drilling to upgrade resource confidence.

Encouraging Metallurgical Testwork

Preliminary metallurgical testing conducted at an independent UK laboratory indicates promising recoveries for both gold and copper. The tests produced saleable concentrates with copper grades ranging from 18% to 39% and gold grades between 14 to 31 grams per tonne. These results suggest that the ore can be processed efficiently using conventional flotation methods, supporting the economic viability of the project.

Exploration Potential and Next Steps

All three deposits remain open in multiple directions, signaling significant upside potential. Drilling is currently paused due to permit renewals but is expected to resume in the second quarter of 2026 with an ambitious 20,000-metre diamond drilling program planned. This will focus on infill drilling to improve resource classification and step-out drilling to extend mineralization. Additional metallurgical testing and geometallurgical modelling are also planned to refine processing strategies.

Strategic Advantages and Community Engagement

DPM Metals leverages over two decades of in-country experience in Serbia, which provides a competitive edge in navigating regulatory, logistical, and community relations challenges. The company emphasizes strong partnerships with local stakeholders and plans to build infrastructure that benefits from proximity to existing operations. This approach aims to accelerate project development while maintaining social license to operate.

Investor Engagement and Forward Outlook

To discuss these developments, DPM Metals will host an investor day on December 4, 2025, featuring presentations from project leaders and management. This event, along with a follow-up Q&A session tailored for Australian investors, underscores the company’s commitment to transparency and engagement as it advances the Rakita Camp towards feasibility and potential production.

Bottom Line?

With a robust inferred resource and promising metallurgy, DPM Metals is poised to unlock significant value at Rakita, but permit renewals and drilling results will be critical next chapters.

Questions in the middle?

  • How quickly will permit renewals be secured to resume drilling at Rakita?
  • What are the timelines and expected outcomes for the upcoming economic studies?
  • How might fluctuating gold and copper prices impact the project's feasibility?