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Avrupa Minerals Updates Progress at Slivova Gold Project, Kosovo

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Avrupa Minerals Updates Progress at Slivova Gold Project, Kosovo

Executive Summary

Avrupa Minerals Ltd. has provided an operational update on its Slivova Gold Project in Kosovo, highlighting the completion of a strategic 3-hole diamond drilling program. The drilling campaign specifically targeted extensions of the Main Gossan Zone and the Dzemajl satellite mineralization target zone, representing a systematic approach to expanding the known mineralized footprint at the property.

A significant development for the project is the completion of Phase 1 earn-in by Avrupa's partner, who now holds a 51% interest in the Slivova Gold Project. This partnership structure provides additional capital and expertise while allowing Avrupa to maintain a substantial ownership position in the asset. The earn-in completion demonstrates continued confidence in the project's potential from external parties.

Looking ahead, Avrupa has outlined a comprehensive work program for the coming months that includes continued environmental sampling, preparation of detailed drill plans, and the initiation of feasibility study work. This progression from exploration drilling to feasibility studies indicates the project is advancing through key development stages, moving closer to potential production decisions.

The company's systematic approach to advancing Slivova, combined with the partner's increased commitment through the earn-in, positions the project for continued development. The upcoming feasibility work will be particularly important in establishing the economic viability of the gold mineralization identified through previous exploration efforts.
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