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02:12
 
  • Avrupa Minerals’ (AVU) partner, Western Tethyan Resources (WTR), has completed its detailed due diligence study of the Slivova Gold Project
  • WTR found that the project has the potential for low initial capex, moderate operating costs, and attractive NPV and IRR in the current estimated mine life
  • Avrupa Minerals CEO and Director Paul Kuhn sat down with Sabrina Phillips to discuss the news.
  • Avrupa Minerals Ltd. (AVU) opened trading at C$.03 per share

Avrupa Minerals’ (AVU) partner, Western Tethyan Resources (WTR) has completed its detailed due diligence study of the Slivova Gold Project.

WTR will continue with Stage 1 of the earn-in joint venture program at Slivova and can earn-in up to 85 per cent of the project by funding and performing certain work programs to potentially advance it to a mining solution.

WTR found that the project has the potential for low initial capex, moderate operating costs, and attractive NPV and IRR in the current estimated mine life. WTR plans to initiate a Preliminary Economic Assessment and Scoping Study for the Slivova Project and has engaged consultants Bara Consulting UK as well as Knight Piesold.

Avrupa Minerals CEO and Director Paul Kuhn sat down with Sabrina Phillips to discuss the news.

Avrupa Minerals is a junior exploration and development company.

Avrupa Minerals Ltd. (AVU) opened trading at C$.03 per share.

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