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Avrupa Minerals Ltd V.AVU

Alternate Symbol(s):  AVPMF

Avrupa Minerals Ltd. is a Canada-based junior exploration and development company directed to the discovery of mineral deposits, using a hybrid prospect generator business model. The Company holds one 49%-owned license in Portugal, the Alvalade VMS Project, which is optioned to Sandfire Portugal in an earn-in joint venture agreement. The Alvalade VMS Project covers approximately 115 square kilometers. The Company holds a 100%-owned exploration license covering the Slivova gold prospect in Kosovo and is advancing four prospects in central Finland through its in-process acquisition of Akkerman Finland Oy. The Company focuses its project generation work on prospective regions of Europe, including Portugal, Finland, and Kosovo. The Slivova exploration license is located approximately 15 kilometers (km) southeast of the capital Prishtine, and just five km from the Company’s core storage facility. The Company also seeks and develops other opportunities around Europe.


TSXV:AVU - Post by User

Post by TELEMARKERon Mar 27, 2024 11:22am
112 Views
Post# 35955527

news

news

ORIGINAL: Avrupa Minerals planning aggressive drill program at Sesmarias copper-zinc-lead Project in Portugal

2024-03-27 11:12 ET - News Release

(via NewsDirect)

Avrupa Minerals CEO Paul Kuhn joined Steve Darling from Proactive to provide an overview of the company's ambitious plans for 2024, highlighting significant progress made in deposit definition work at the Sesmarias copper-zinc-lead Project in Portugal during 2023.

Avrupa Minerals is now gearing up for an aggressive drilling program in the SES Central Zone, which is set to commence soon. The success of this drilling phase will play a crucial role in determining the company's path towards applying for a mining license, which is anticipated to occur in the first half of 2025.

Additionally, Kuhn discussed the company's project in Kosovo. The project is located in the Vihanti-Pyhsalmi VMS District in Central Finland and comprises two exploration permits covering known massive sulfide deposits (Kangasjrvi and Hallaper), an application over a massive sulfide deposit (Rauhala), and an exploration permit covering a massive sulfide target (Kolima).

While awaiting the issuance of the Kolima permit, the joint venture is conducting basic exploration work, reviewing historic core and geophysical data, and modeling SkyTEM data from the Kangasjrvi license. These efforts have identified an outstanding un-drilled target near the old Kangasjrvi Mine, and plans are in place for drilling at this target in 2024. Additionally, there are other SkyTEM anomalies that may warrant drilling following planned exploration activities during the upcoming field season.

Overall, Avrupa Minerals is focused on advancing its projects in Portugal and Kosovo through aggressive exploration and drilling programs, with the aim of delineating significant mineral resources and ultimately advancing towards mining license applications.

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