The new Metovit license (formerly Kamenica) is available for joint venture exploration, though the Company is presently in discussion with a third party concerning a potential partnership.  Metovit hosts potential porphyry-style targets, with reconnaissance drilling at Kamenica already demonstrating this potential

Metovit (formerly Kamenica), central Kosovo

The new Metovit lead-zinc-silver exploration license is located 15-20 km east of Prishtine, 12 kilometers northeast of the Slivovo discovery, and covers approximately 32 km2. The license is located just north of the historic Artana silver-lead-zinc-gold mine that in modern times reportedly produced around 5 million metric tonnes of +10% Pb and Zn, 140 g/t Ag, and 1 g/t Au. Information recently acquired by Avrupa reports that UNMIK privately calculated that at least 2.5 to 3 million tonnes of mineable resources at similar grade, or better, remain within the mine workings. The historical production and resource estimates were calculated by UNMIK (United Nations Mission in Kosovo) consultants during the period 2002-2006. The estimates have not been calculated in accordance with the mineral resources or mineral reserves classifications contained in the CIM Definition Standards on Mineral Resources and Mineral Reserves, as required by National Instrument 43-101 ("NI 43-101"). Accordingly, the Company is not treating these historical estimates as current mineral resources or mineral reserves as defined in NI 43-101, and such historical estimates should not be relied upon. A qualified person has not done sufficient work to date to classify the historical estimates as current mineral resources or mineral reserves.

Since issuance of the Metovit license, the Company has collected approximately 50 stream sediment samples and 300 soil samples covering a number of visible alteration and potentially mineralized zones.  The plan for work in 2016 is to complete soil sampling over target areas, as well as re-map and prospect in the most favorable areas on the license, utilizing new ideas for targeting based on our work in the Slivovo gold discovery area.

Previous work at three Metovit target areas, Grbes, Metovic, and Adjarovic, consisted of detailed geological mapping and upgrade of drill targets to complement early mapping, sampling, and ground geophysical surveys. All three areas contain structurally controlled, high grade, carbonate replacement silver/lead/zinc±gold targets in the size range of 5-10 million tonnes, similar to the Artana deposit. These targets are located along the same NNW-trending structural feature that controls the location of the Artana mineralization. The Metovic and Grbes targets consist of coincident geophysical and geochemical anomalies with a permissive geological host of massive, silty carbonate units cut by NW-trending Vardar Zone structures at the intersection of a NE-trending migrating caldera feature. Both target areas contain old workings and prospects. There is a large slag heap (+10,000 metric tonnes) located in the valley directly below the Grbes target area. The Adjarovic target is buried, based on strong geophysical anomalies, and is also located along the Artana structure.  Further work will be necessary at both Adjarovic and Metovic, as well as additional, new un-explored areas within the new license.

Avrupa completed a scout drilling program in Q3 of 2011 at the Grbes and Metovic targets.  The company drilled two holes for a total of 367.6 meters. The Metovic hole was mineralized for its entire 192.6-meter length, with abundant stockwork veining, and several generations of low-level base metal sulfide mineralization. The hole bottomed in altered porphyritic rocks, leading to the conclusion that the Metovic target may be located at the edge of a potential porphyry system. The Grbes hole did not encounter anomalous mineralization, but contained a long intercept of sooty, crumbly black schists that do not outcrop on the property.


View towards the Metovic target area (in river valley, at edge and off to right of the photo)