Mr. Paul Kuhn reports
AVRUPA PROGRESS ON PORTUGAL PROJECTS
Avrupa Minerals Ltd. has provided an update on its recent exploration activities in Portugal.
Alvito IOCG (iron oxide/copper/gold) project
In July, Avrupa completed drilling on the Alvito IOCG project, presently joint ventured with Oz Minerals (see recent news releases datedMay 3, 2018,and July 3, 2018), which is spending $1-million (Australian) on exploration as the first-stage earn-in to 51 per centof the 300-square-kilometre project.Avrupa is the operator of the program.
Avrupa drilled 18 holes, totalling 2,437.5 metres in eight separate prospect areas on the Alvito exploration licence. IOCG-style mineralization is present in drill holes in at least two of the prospect areas, Entre Matinhas and Entre as Matas.Possible IOCG-style sulphide mineralization is present in drill holes at the Outeiro and Manisela prospects.Epithermal-style sulphide mineralization is present at the Mata and Cova das Minas prospects.All samples from drill holes with IOCG-style mineralization have now been processed and delivered to the ALS Minerals prep lab in Seville, Spain.Results are expected during the second half of August.
Pyrite belt licences -- Alvalade, Mertola and Marateca
Avrupa continues in the negotiation process with a large North American mining company to joint venture all three licences.The process has been slower than anticipated but continues in a positive manner.In the meantime, Avrupa continues to explore on the licences, maintaining the validity of the licences for the anticipated joint venture.
Covas tungsten project
Blackheath Resources has notified Avrupa of its intention to cease financing for the Covas tungsten project.Avrupa has let the licence lapse and is in the process of handing over data and core to the Geological Survey of Portugal (LNEG), as required by the mining regulations of Portugal.
About Avrupa Minerals Ltd.
Avrupa is a growth-oriented junior exploration and development company focused on discovery, using a prospect generator model, of valuable mineral deposits in politically stable and prospective regions of Europe, including Portugal, Kosovo and Germany.The company currently holds seven exploration licences in three European countries, including four in Portugal covering 2,892 square kilometres, two in Kosovo covering 47 square kilometres and one in Germany covering 307 square kilometres.
This news release was prepared by company management, which takes full responsibility for its content.Paul W. Kuhn, president and chief executive officer of Avrupa Minerals, a licensed professional geologist, and a registered member of the Society of Mining Engineers, is a qualified person as defined by National Instrument 43-101 of the Canadian Securities Administrators.He has reviewed the technical disclosure in this release.Mr. Kuhn has not only reviewed, but prepared and supervised the preparation or approval of the scientific and technical content in the news release.
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