CONTINUED EXPLORATION DRILLING PROGRAM OF THE ČUKARU PEKI UPPER ZONE

The Geology department of Rakita has continued the Condemnation Exploration Drilling Program during the third quarter period 2018.

The goal of these exploration activities is to identify potential mineralization in the areas below the planned mining facilities and infrastructure. Nine exploration drill holes have been drilled during this period, with a total length of 5,528 metres.

A total of 8,161 metres have been drilled between the start of the program and September, representing 78.5% of the planned scope of 10,000 meters.