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Avrupa Minerals Intersects 125m of 6.91 g/t gold, 19.19 g/t silver at Slivovo JV

Pia Rivera
Aug. 17, 2015 07:40AM PST
Gold Investing

Avrupa Minerals (TSXV:AVU) intersected 125 meters of 6.91 g/t gold and 19.19 g/t silver at the Peshter Gossan target at the Slivovo exploration Joint Venture in Kosovo.

Avrupa Minerals (TSXV:AVU) announced results from 4 more drill holes at the Peshter Gossan target at the Slivovo exploration Joint Venture in Kosovo, which is fully funded by partner Byrnecut International Ltd. Highlights include SLV018, which intersected 125 meters of 6.91 g/t gold and 19.19 g/t silver and SLV016 which intersected 62 meters of 1.59 g/t gold and 15.74 g/t silver. Drilling is currently ongoing, with holes SLV020 through SLV024 drilled in the eastern extension of the gossan zone, and holes SLV025 through SLV028 drilled in or close to the main Peshter Gossan zone.
Drilling highlights:

  • 125 meters of 6.91 g/t gold and 19.19 g/t silver in SLV018
  • 62 meters of 1.59 g/t gold and 15.74 g/t silver in SLV016
  • 16 meters of 1.44 g/t gold and 13.08 g/t silver in SLV019

As quoted in the press release:

SLV015
SLV015 was collared in the north-central portion of the Main Gossan Zone, drilled in the direction of 097 degrees at an inclination of -45 degrees for 21.5 meters. The hole was lost due to intercepting a large open cave. SLV016 was drilled as a followup hole at a steeper angle to avoid the cave.
SLV016
SLV016 was collared in the northern portion of the main gossan zone, drilled in the direction of 097 degrees at an inclination of -55 degrees for 142.40 meters. The hole intercepted 75 meters of sulfide mineralization, averaging 5-10% of the rock volume. Mineralization is dominated by pyrite, with lesser amounts of sphalerite, chalcopyrite, and galena. Pebble conglomerate, recognized as the favorable host rock type for gold, silver, and base metals mineralization, is the dominant rock type within the strongly altered and mineralized zone. Silicification, dolomitization, and formation of cavities are the typical alteration styles within the sulfide-bearing zone.
SLV017
SLV017 was collared in the north-central portion of the main gossan zone, drilled in the direction of 235 degrees at an inclination of -60 degrees for 57.85 meters. The hole was collared at the edge of the Main Gossan Zone and drilled away from the central zone of altered and mineralized rock in an effort to extend the gold mineralization to the southwest from the northern quadrant. The hole did not intercept significant alteration or mineralization.
SLV018
SLV018 was collared in the northwest portion of the main gossan zone, drilled in the direction of 100 degrees, inclination -55 degrees. The hole intercepted 135.50 meters of sulfides varying from 4% to 50% of the core. Sulfides are dominated by pyrite with lesser amounts of galena, sphalerite and chalcopyrite. Lithology is dominated by calcareous pebble conglomerate, with lesser amounts of sandstone and siltstone. Dissolution features and dolomitization were observed throughout the sulfide-bearing intercept, with both being recognized as favorable indications for the
presence of gold in other drill holes.
SLV019
SLV019 was collared in the northern portion of the main gossan zone, drilled in the direction of 216 degrees, inclination -50 degrees. The hole intersected patchy zones of 5-10% sulfides, dominated by pyrite and nearly equal sphalerite, with lesser amounts of galena and chalcopyrite. The lithology is dominated by pebble conglomerate and lesser amounts of calcareous sandstone and siltstone. The hole appears to have mostly drilled out of higher grade alteration and mineralization and was not expected to have any large intercepts of gold.

Click here for the full Avrupa Minerals (TSXV:AVU) press release.
Click here for the Avrupa Minerals (TSXV:AVU) profile.

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