Business

Avrupa Minerals Announces Updated Slivova Mineral Resource Estimate (MRE)

(TheNewswire) Global in situ gold resource increases by 78% over original MRE...

articleAvrupa Minerals Ltd.July 17, 20234/company/avrupa-minerals-ltd/news/avrupa-minerals-announces-updated-slivova-mineral-resource-estimate-mre
Avrupa Minerals Announces Updated Slivova Mineral Resource Estimate (MRE)

About this update from Avrupa Minerals Ltd.

[{"type":"text","content":"Avrupa Minerals Announces Updated Slivova Mineral Resource Estimate (MRE)\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Global\n \n \n in situ\n \n \n gold resource increases by 78% over\noriginal MRE\n \n \n \n \n \n \n Global\n \n \n in situ\n \n \n silver resource increases by 113% over\noriginal MRE\n \n \n \n \n \n \n New MRE figures:\n \n \n \n \n \n \n Measured Resources:  835,000 mt @ 4.3 g/t Au and 15\ng/t Ag\n \n \n \n \n \n \n Indicated Resources:  296,000 mt @ 3.6 g/t Au and 15\ng/t Ag\n \n \n \n \n \n \n Inferred Resources:  250,000 mt @ 3.7 g/t Au and 13\ng/t Ag\n \n \n \n \n \n \n \n \n 4,500-meter drilling program planned\nfor the next phase of field work, which will include resource infill\ndrilling and exploration drilling around the license\n \n \n \n \n \n \n Vancouver, BC -\n \n \n TheNewswire -\n \n \n July 17, 2023 -\n \n \n Avrupa Minerals Ltd. (TSXV:AVU\n \n \n \n \n )\n \n \n is pleased to announce that its partner at the\nSlivova Gold Project in Kosovo, Western Tethyan Resources (WTR), has\nprovided a new Mineral Resource Estimate and general near-term work\nplan for the gold-silver deposit.  Slivova is located in the prolific\nVardar Mineral Trend, about 30 km SE of the capital, Pristina.  WTR\ncan earn-in to 75% of the Project by funding exploration and\ndevelopment for Euro 1,800,000 over three years, and then a further\n10% by making certain milestone and success payments, producing an\nEnvironmental Impact Statement, delivering a Feasibility Study, and\ncompleting a Mining License application.\n \n \n \n \n Paul W. Kuhn, President and CEO of Avrupa Minerals,\ncommented:\n \n \n \n \n “We are truly excited about this\nnew development in the progress of the Slivova Project, and look\nforward to continued success in the program.  WTR and its associated\ncompany, Ariana Resources, are working hard to advance the Project to\nthe next level.  We expect further information concerning progress,\nas the two companies work to complete a Preliminary Economic\nAssessment for Slivova in the coming months and begin a 4,500-meter\ndrilling program to further define the Slivova deposit and test other\nattractive, previously-identified possibilities around the\nlicense.”\n \n \n \n \n Dr...

More updates from Avrupa Minerals Ltd.