Lykos Metals Limited has provided shareholders with key updates on its mining projects in Bosnia and Herzegovina, highlighting progress and strategic adjustments. The company has accepted the government’s proposal to reduce the tenement application size for its Sockovac project, allowing it to prioritize primary drill targets. Meanwhile, the Jezero project’s exploration permit has been extended, with new results indicating promising mineralization.
Beyond exploration, Lykos Metals is actively evaluating potential acquisitions and capital-raising opportunities to bolster its financial position and maximize shareholder value. These strategic initiatives align with the company’s long-term vision of expanding its asset portfolio and strengthening its presence in the region’s mining sector.
Lykos Metals focuses on epithermal gold and polymetallic mineralization in Bosnia and Herzegovina. The company remains committed to advancing its projects through exploration and targeted investments.