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Avrupa Minerals to Partner with Western Tethyan Resources to Advance Slivova Project, Kosovo
(TheNewswire) Western Tethyan Resources (“WTR”) completes detailed due ...
About this update from Avrupa Minerals Ltd.
[{"type":"text","content":"Avrupa Minerals to Partner with Western Tethyan Resources to Advance Slivova Project, Kosovo\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 Western Tethyan Resources (“WTR”)\ncompletes detailed due diligence review at Slivova Gold\nDeposit;\n \n \n \n \n \n \n \n \n WTR elects to continue their work at\nSlivova and enter into Stage 1 of the earn-in joint venture;\n \n \n \n \n \n \n \n \n The companies expect to complete a\ndefinitive earn-in agreement in the coming weeks, outlining the path\nto potential production at Slivova;\n \n \n \n \n \n \n \n \n WTR initiates a Preliminary Economic\nAssessment (“PEA”)/ Scoping Study for the Slivova\nProject.\n \n \n \n \n \n \n Vancouver, B.C. –\n \n \n TheNewswire -\n \n \n March\n \n \n 2\n \n \n ,\n2023 – Avrupa Minerals Ltd.\n \n \n (TSXV:\n \n \n AVU\n \n \n )\n \n \n (OTC:AVPMF) (FRANKFURT:8AM)\n \n \n is pleased to\nreport that presumptive Slivova Gold Project partner, Western Tethyan\nResources (“WTR”), completed its detailed due diligence study of\nthe Slivova Gold Deposit and elected to continue with Stage 1 of the\nearn-in joint venture program at Slivova.  WTR can earn-in up to 85%\nof the Slivova Gold Project by funding and performing certain work\nprograms to potentially advance the Slivova Project to a mining\nsolution.  WTR is a private exploration company based in London and\nPrishtina, Republic of Kosovo, and is 75% owned by London AIM-listed\nAriana Resources (“Ariana”).\n \n \n \n \n Paul W. Kuhn, President and CEO of Avrupa Minerals,\nstated,\n \n \n “We are excited\nthat the Slivova Gold Project is moving forward after several years of\ndormancy.  WTR and Ariana will be great partners due to strong\nexploration abilities from both groups and experience in building\nsmall, but highly successful gold mining operations from Ariana.  By\ndeciding to go straight into a PEA/Scoping Study from due diligence\nsays a lot of good about the deposit and the partnership.”\n \n \n \n \n Mentor Demi, Managing Director of Western Tethyan\nResources, commented,\n \n \n “We\nare very pleased to have successfully completed the Due Diligence on\nSlivova Gold Project and to be entering into the Defin...