JV with Walkabout Resources in Slieve Gallion, Northern Ireland
Koza Ltd holds prospecting licence options from Crown Estate Commissioners (CEC) for gold and silver, started June 2015, and base metals options started July 2016 from Department of Economy (DoE), known as KOZ01/16 at Slieve Gallion, County Londonderry and County Tyrone. These licences are awarded for 6 year terms with options of renewal. The Slieve Gallion licence (KOZ01/16) covers an area of 250 km2. Slieve Gallion is the eastern most mountain of the Sperrin’s range and comprises of two, broad, upland peaks and surrounding lowland area.
Several phases of exploration have been carried out historically beginning with the Irish survey programme of 1865, cumulating with the Tellus survey (2008), and PhD work conducted by Steve Hollis (2010-2014). Previous exploration efforts have been frustrated in the discovery of significant ore deposits due to thickness of glacial sediments and peat cover, especially in the central and western areas. However, new techniques including fusion analysis geochemistry may provide a breakthrough, vectoring to deposits that have little or no surface expression. A total of 233 soil samples, 33 stream sediment samples and 36 rock samples have been collected and analysed, as well as the data capture, or digitisation, of all historic exploration activities previously conducted within the licence.