• 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.


Latest Bullboard Posts
More From The Market Online
Uranium barrels

Standard Uranium stock rallies on new survey results

Standard Uranium stock (TSXV:STND) was up by 50 per cent after announcing positive geophysical results in the Eastern Athabasca Basin.
ai generated stock image

@ the Bell: TSX digs deep at the onset of the trade war

Canada’s main stock index saw gains on Wednesday as investors reacted to the latest developments in the ongoing trade war.
Hand holding electric battery cutout

E3 and Pure Lithium build new batteries from Alberta brines

Partners E3 Lithium (TSXV:ETL) and Pure Lithium produce lithium batteries using the former's brines and latter's battery technology.
nicola mining logo

Nicola Mining receives final permit for Dominion Creek Mineral Project

Nicola Mining (TSXV:NIM) has received the final permit to complete a bulk sample at its gold and silver Dominion Creek Mineral Project.