GreenOre signs joint venture agreement with Koza on Ayrshire licence

GreenOre Gold Plc ‘GreenOre’ is pleased to announce a joint venture agreement with Koza Ltd ‘Koza’ on the Ayrshire licence.  Koza have agreed to fund exploration to earn in up to 80% of the holding company.  Work will begin this year starting with a stream sediment sampling and prospecting programme to be followed by scout drilling.

Managing Director, Gavin Berkenheger commented: “GreenOre has been working with Koza on our Aberdeenshire licences over the past 2 years and have built up an excellent working relationship.  The addition of the Ayrshire licence agreement signals a commitment to develop gold prospects with real economic potential.  Scotland has a vast unexplored mineral wealth waiting to be explored.  We are thrilled to partner with Koza on our new project.”