Gold Reserve Found in Bosnia and Herzegovina

Dear Member,   In the letter sent to our Chamber by TOBB, with reference to the letter of the Ministry of Trade dated 08.02.2023 and numbered 82622319, it is stated that a large-scale gold reserve has been found at three different locations within the boundaries of Jezero Municipality (along the Pliva River near Mrkonjic Grad), located in the Republika Srpska entity of Bosnia and Herzegovina (BH) near the city of Jajce; it is emphasised that, according to the laboratory analyses of the company with the trade name "Lykos Balkan Metals", which carries out geological exploration activities in the region, the said gold reserve has a continuity of up to 60 metres and a richness reaching up to 27.5 grams per tonne, exceeding the average of world-famous gold reserves, and that it can be regarded as one of the best in the Balkans, and it is noted that Lykos is expected to invest more than 60 million BAM (30.7 million Euros) in Jezero Municipality in 2023.   Kind regards, Elazığ Chamber of Commerce and Industry