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Avrupa Minerals (TSXV:AVU) has reported that its joint venture partner, Byrnecut International Ltd., intends to fund continuing exploration at the Slivovo project in Kosovo. Byrnecut will fund the upcoming 2,000 meter drill program at Slivovo, among other exploration activities, in order to vest a 51 percent interest in the project.
As quoted in the press release:
Planning for the upcoming drill program is well underway, with collar locations already sighted to test all three target zones. The plan at the moment is for eight drill holes totaling 2,000 meters. Drilling is slated to commence around the 25th of September.
Avrupa president and CEO, Paul W. Kuhn, said:
We are extremely pleased by Byrnecut’s decision to continue with the project. Results have been positive for all of our targeting work at Pester this summer. We have expanded the target area, and we have constructed an exploration targeting model that hangs together for the prospect. We expect to drill eight holes and 2,000 meters at all three zones, and we should also have a new target area at the north end of the epithermal zone.
Click here to read the Avrupa Minerals (TSXV:AVU) press release
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