JV with GreenOre in Ayrshire, Scotland
In 2017 Koza Ltd partnered with GreenOre Gold Plc with the signing of another joint venture agreement. GreenOre awarded an option to a 250 km2 area mining lease from the Crown Estate in 2016. The area has a good location in regards to infrastructure, environment and land ownership. In the past, 3 main outcrops of gold discovered in government owned land (Forestry Commission). Historic bedrock samples high grade: up to 57g/t Au. Historic Drill core assay returned 51g/t Au over 25cm. Permits currently being sought for drilling.
All of the new and historic drill data has been compiled. The results have been reviewed by technical team and a further 4000m of drilling will be conducted between the Eastern and Western Anomalies in 2018 with some scout drilling around the perifery. This work would follow some ground geophysics.