Costs for the full 30,000m will be approximately C$ 8.3mln to be funded fully by Byrnecut International. Avrupa Minerals Ltd (CVE:AVU) says the 2017 drilling campaign at Slivovo in Kosovo has got underway.
Operator Peshter Mining (85% Byrnecut International; 15% Avrupa Minerals) has two core rigs running on the property drilling multiple targets as part of a 3-phase, results-dependent program to define gold at a grade of 5 g/t gold or greater.
The drilling aims to add at least 250,000 ounces of gold from a number of previously-known and new targets located close to and around the present deposit.
Costs for the full 30,000m will be approximately C$ 8.3mln to be funded fully by Byrnecut International.
Source: proactiveinvestors.com