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Metal & Mining Stocks
Avrupa Minerals Ltd. (TSX-V: AVU) - Slivova Gold Project Drilling Program Progress
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Highlights
Avrupa Minerals Ltd. (TSX-V: AVU) has announced an update regarding its Slivova Gold Project located in Kosovo, highlighting recent progress made by its partner, Western Tethyan Resources (WTR). WTR completed a 3-hole, 786.4-meter drilling program designed to assess further down-plunge extension of gold and silver mineralization in both the main gossan zone and the Dzemajl satellite deposit. The results of the drilling program are pending and will be analyzed once available.
In addition to the drilling work, WTR has successfully completed Phase 1 of the earn-in agreement, which involves spending 800,000 euros to acquire a 51% interest in the Slivova Gold Project. This milestone marks a significant achievement under the Option Agreement signed on September 7, 2022. WTR’s investment allows them to continue advancing their interest in the project, with plans for future phases over the next three years.
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