Large-Scale Gold-Copper Discovery Growing into Top Mineral District
| Location | Serbia |
| Ownership | 100% |
| Stage | Exploration |
The Rakita Camp, Serbia
Overview
The Rakita Camp represents a significant district-scale copper-gold system located in southeastern Serbia, situated within one to two kilometres of the planned Čoka Rakita mine. In December 2025, DPM announced a maiden Inferred Mineral Resource Estimate (MRE) for the camp, establishing it as a potential future Tier One gold asset for the Company.
The Rakita Camp is comprised of three primary prospects: Dumitru Potok, Rakita North, and Frasen. These discoveries demonstrate a large gold-coppersystem analogous to major global porphyry-skarn systems, with a combined Inferred Mineral resource of 2.6 million ounces of gold and 1.9 billion pounds of copper. The Rakita Campoffers a rare combination of scale, high grade, and long-term production potential.
Highlights
- Significant Resource Base: Combined Inferred MRE of 84.4 million tonnes at a grade of 0.97 g/t gold and 1.02% copper.
- High-Grade Core: The Dumitru Potok prospect serves as the Rakita Camp’s main deposit, containing an estimated 2.2 million ounces of gold and 1.5 billion pounds of copper Inferred Resourcs.
- Favorable Metallurgy: Initial testwork indicates high recoveries are achievable through conventional flotation, producing a saleable copper and gold concentrate.
- Infrastructure Synergy: Located adjacent to the Čoka Rakita project, allowing for a camp-wide development strategy that leverages established technical designs and 20+ years of in-country experience.
- Exploration Upside: All three deposits remain open in multiple directions along an identified six-kilometre trend, providing a pathway for low-cost resource growth.
Mineral Resource Estimate (effective October 23, 2025)
| Deposit | Tonnes (Mt) | Gold Grade (g/t) | Contained Gold (K oz.) |
Copper Grade (%) |
Contained Copper (Mibs.) |
|---|---|---|---|---|---|
| Dumitru Potok | 64.1 | 1.07 | 2,206 | 1.09 | 1,535 |
| Rakita North | 17.9 | 0.56 | 320 | 0.84 | 331 |
| Frasen | 2.4 | 1.21 | 95 | 0.70 | 37 |
| Total | 84.4 | 0.97 | 2,621 | 1.02 | 1,903 |
Prospect Geology & Exploration
The Rakita Camp is characterized by a diverse range of mineralization styles, including proximal copper-gold skarns, stratabound manto-like bodies, and porphyry stockwork veins.
- Dumitru Potok: A large, zoned system with wide, consistent high grades. Notable intercepts include 131.6 metres at 3.93% CuEq.
- Rakita North: A broad zone of marble-hosted mineralization located on the northern flank of Čoka Rakita.
- Frasen: Characterized by carbonate-hosted replacement and a gold-copper porphyry target that remains a priority for upcoming delineation.
Next Steps
DPM is prioriziting additional exploration at the Rakita Camp to further define and expand the resource:
- Infill & Delineation: 20,000 metres of diamond drilling planned for the Čoka Rakita licence (expected to commence in Q2 2026) to extend current resource shapes and test the Frasen porphyry.
- District Scouting: 20,000 metres of scout drilling on the Potaj Čuka licence to test targets including Valja Saka, Korkan East, and Pešter Jug.
- Technical Studies: Ongoing metallurgical optimization and geometallurgical modelling to prepare for future economic studies.
