Hi, I’m Neil Inwood, the managing director of Apollo Minerals and I’d like to discuss with you our exciting new opportunity in Serbia.
This copper project is complementary to our base metal focus in Gabon and gives us diversity not only in operating environment but also in field seasons.
Now, about the project the Belgrade Copper Project consists of three main licenses in southern and central Serbia. We have existing known historical workings, we have rock chips up to 20% copper and 1500 parts per million silver.
And we have over 70km of prospective contacts. And we think this region is highly prospective for the Kupferschiefer style of mineralization which hosts Europe’s largest copper deposits. So we’re very excited about the assets. We think it has fantastic exploration potential and the beauty of this it gives us complementary field seasons and keeps us on a base metal focus, zinc and lead in Gabon and copper in Serbia. The deal itself is highly attractive for shareholders.
It’s share based and minimally dilutive. We can start the field season almost straight away. We’ll be on the ground with soils mapping and sampling and we’re building up to target generation. Initially the focus will be at Studena, the southern prospect, and then we’ll be moving up to the Mutnica project to the north. With over 70km of contact, we think this project has high prospectivity and we’re looking forward to the results.
If you’d like any more details about the project or the company, please go to our website or our social media. Thank you.