12:41 PM EST - Avala Resources Ltd. : reported an update on drill and trench results from the Korkan-Bigar target area, part of the sediment hosted gold belt within the Cretaceous magmatic arc bordering the Timok Magmatic Complex in Eastern Serbia. Initial drill results confirmed strong gold mineralization within the target stratigraphy, including intersects 52 meters of 4.30g/t gold from a depth of 17 meters. Avala Resources Ltd.
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