- Avrupa Minerals has signed an option agreement with Western Tethyan Resources (WTR)
- WTR has the option to acquire up to 85 per cent of the Slivova Gold Project by funding and performing certain work programs
- Avrupa Minerals CEO and Director Paul Kuhn sat down with Sabrina Cuthbert to discuss the news
- Avrupa Minerals Ltd is a junior exploration and development company
- Avrupa Minerals Ltd. (AVU) opened trading at C$.05 per share
Avrupa Minerals (AVU) has signed an option agreement with Western Tethyan Resources (WTR).
WTR has the option to acquire up to 85 per cent of the Slivova Gold Project by funding and performing certain work programs to potentially advance the Slivova Project to a mining solution.
Avrupa Minerals CEO and Director Paul Kuhn sat down with Sabrina Cuthbert to discuss the news.
“We are excited to begin working with Western Tethyan Resources to advance the new Slivova Gold Project. Previously we identified a NI 43-101 indicated mineral resource at Slivova of 640,000 mt @ 4.8 g/t gold and 14.68 g/t silver, or approximately 98,700 ounces of gold and 302,000 ounces of silver. While the Project has been on hold since 2018, we now see a clear path for advancement at Slivova. The new 7-year exploration license is double the size of the original permit, and includes a number of new targets that may enhance the mineral inventory. WTR and Ariana Resources have a great deal of exploration experience in the greater Mediterranean Basin, and Ariana is a highly successful mine builder and operator.”
Avrupa Minerals is a junior exploration and development company.
Avrupa Minerals Ltd. (AVU) opened trading at C$.05 per share.
