We are pleased to inform our investors, business partners, citizens and authorities of Republika Srpska about the exceptional results of geological exploration in the area of Jezero municipality.
Geological exploration carried out by the company Lykos Balkan Metals and its daughter company SNK Metali in the area of the municipality of Jezero showed results that, at this very moment, in the early stages of exploration, can be safely considered as one of the best in the entire area of Bosnia and Herzegovina and the Balkans.
After the geological exploration carried out in the past year in the territory of the municipality of Jezero, very high gold contents were confirmed at the contacts of different lithological units. At the locations where the gold deposit was discovered, the concentration of this precious metal reaches an incredible 27.5 grams per ton in a continuity of 60 meters, which is an unusually high concentration even for world-famous gold mines. All samples were tested in an accredited laboratory and after these discoveries it can be safely said that there is a very high potential for continued geological exploration.
The geological potential of the municipality of Jezero is also an exceptional investment potential, and in 2023 it is expected that the company Lykos Balkan Metals will obtain additional funds of 60 million KM, which will be mostly invested, directly and indirectly, in the project in the municipality of Jezero. New investments will significantly affect the development of this municipality and the quality of life of its inhabitants, as well as the improvement of economic conditions and development of the Republic of Srpska and Bosnia and Herzegovina.
We are particularly pleased by the fact that these results open up space for further cooperation and socially responsible actions.
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