22 November 2022

New Lykos seedlings at the Site of Geological Exploration

The two platforms on Mount Sinjakovo, on which we conducted drillings in the past period as part of geological exploration, are once again under green cover.

Neither rainy nor cold weather prevented our employees from carrying out the recultivation of these exploration areas belonging to the municipalities of Mrkonjić Grad, Jezero and Šipovo last Saturday. We were joined on the field by the seniors of the Sloboda Football Club from Mrkonjić Grad, whose work we support as a sponsor, and together we planted linden and hibernacula seedlings.

This action of reforesting the area where we carried out geological exploration is another fulfilled promise we made to the local community. As a socially responsible company listed on the Australian stock exchange, we speak openly about our practices, and we rehabilitate drilling platforms and return them to their original condition, as is the case here. We would like to emphasize that our commitment to restoring the site to its original state extends to any other potential damages as well.

Professional teams of geologists with international experience continue the planned activities based on the exploration permit we own and in accordance with global business standards related to ecological sustainability and environmental preservation. This is supported by analyzes of all water samples, springs and wells within a few kilometers of the exploration site. Out of the 19 planned locations, the drilling process has been completed at 11 so far.

The power of local ingenuity and the dedication of the local workforce have the potential to positively transform the future of local communities. Furthermore, the support and encouragement from the local population serve as a motivating force for us on this transformative journey.

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