Tethyan Resource Corp. reported the discovery of an outcropping gold porphyry system on the western side of the Kremice project, southwestern Serbia. Kremice is located 10 kilometres to the north of the Rudnica copper-gold project, and within two kilometres of a paved road, rail and power lines, and water supply. Channel sampling of a large area of exposed stockwork veining at Kremice West returned consistent mineralization, with individual samples grading up to 0.68 grams per tonne ("g/t") gold and 0.21% copper. Tethyan has completed two scout drill holes for a total of 680 metres and is continuing surface mapping and sampling in order to vector towards higher grades. Highlights: Significant channel sample results from Kremice West are summarized. Channel locations: 25 metres at 0.40 g/t gold (KCH010); 10 metres at 0.49 g/t gold (KCH009); 18 metres at 0.34 g/t gold (KCH007); Channel sampling of outcropping mineralization at Kremice West returned grades of more than 0.1 g/t gold over a 450 metre by 350 metre area, with a core grading more than 0.3 g/t gold over a 125 metre by 100 metre area that is open to the southeast, coincident with a broad gold-molybdenum soil anomaly and mapped porphyry intrusions. Modelling of the geochemical footprint by Fathom Geophysics indicates the presence of a near-surface porphyry target which is 750 metres by 500 metres wide. Initial drilling intersected a series of gold mineralized porphyry intrusions, returning a best interval of 71.2 metres at 0.27 g/t gold from surface. Related epithermal gold-silver mineralization has been identified at Kremice East, where soil sampling has revealed coincident gold-silver-antimony anomalies of up to 1.37 g/t gold and 8.39 g/t silver, and historical reports note mining of high-grade copper-rich veins in the early 1900s; further mapping and sampling is underway. Kremice West - The mineralization identified to date outcrops over an area of 450 metres by 350 metres, grading more than 0.1 g/t gold, with a core grading more than 0.3 g/t gold over an area of 125 metres by 100 metres that is open to the southeast. The outcropping gold mineralization is observed within a larger soil anomaly comprising strongly anomalous gold and pathfinder elements over a northwest-trending area of 1,200 metres by 600 metres, coincident with mapped diorite porphyry intrusions. The drill target was identified by detailed mapping and channel sampling. Gold mineralization is associated with porphyry-related stockwork quartz-magnetite-pyrite veins hosted in a diorite porphyry stock with magnetite-secondary K-feldspar-leucoxene-biotite alteration, overprinted by quartz-sericite-pyrite alteration and surrounded by an outer propylitic halo (actinolite-epidote-chlorite-calcite-sericite).