Welcome!

News Feed Item

Avrupa Reports Positive Drill Results in the Pyrite Belt, Portugal

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/30/13 --


--  Copper and gold intercepts in MBV02 
--  Mineralization intercepted in four other drill holes 
--  Phase 3 drilling to begin in early March, 2013 

Avrupa Minerals Ltd. (TSX VENTURE:AVU)(FRANKFURT:8AM) is pleased to report the completion of drilling and the receipt of all results related to the Phase 2 exploration program on the Alvalade Joint Venture in the Portuguese Pyrite Belt. The JV is operated by Avrupa Minerals and fully funded by Antofagasta Minerals, SA.

Avrupa drilled eight holes, totaling 3,491 meters, in the second round of drilling on the Alvalade JV. The Company drilled 16 holes, totaling 6,757 meters, in two phases of drilling during 2012. Best results in Phase 2 came from the MBV02 drill hole, a follow-up hole to MBV01, drilled during Phase 1, in the Monte da Bela Vista target area. Monte da Bela Vista is located approximately two kilometers north of the past-producing Lousal Mine. The Company drilled MBV02 to 653.1 meters, and intercepted long intervals of probable feeder zone-style, mineralized stockwork quartz veining, often indicative of the presence of a nearby massive sulfide system.


Copper results from MBV02 include:

--  45.90 meters (7.30 m to 53.20 m) @ 0.24% Cu, including 8.05 meters
    (11.80 to 19.85) @ 0.39% Cu and 15.80 meters (23.70 m - 39.50 m) @ 0.44%
    Cu 

--  24.15 meters (146.30 m to 170.45 m) @ 0.24% Cu, including 1.50 meters
    (154.15 to 155.65) @ 1.64% Cu and 7.50 meters (159.60 to 167.10) @ 0.44%
    Cu 

Gold results from MBV02 include:

--  23.70 meters (154.15 m to 177.85 m) @ 1.35 ppm Au, including 1.50 meters
    (154.15 to 155.65) @ 5.11 ppm Au and 7.45 meters (161.75 to 169.20) @
    2.16 ppm Au 

--  97.50 meters (279.50 m to 377.00 m) @ 0.40 ppm Au, including 7.00 meters
    (293.00 to 300.00) @ 1.08 ppm Au and 9.50 meters (310.80 to 320.30) @
    2.30 ppm Au 

Other base metal results from MBV02 include

--  Numerous intervals of greater than 0.1% Pb and/or Zn 

Elevated and anomalous copper, lead, zinc, and gold results also came from drill hole SMS01 in the Santa Margarida da Serra target area, which opens up a fourth belt of potential VMS-hosting volcano-sedimentary rock units. Further elevated and anomalous copper, lead, and zinc values are present in FAL01, located 2 kilometers south of the Lousal Mine, and CBG01, located approximately 5 kilometers NW of Monte da Bela Vista. Both holes are located in the mineral belt interpreted as being on the northwest strike projection from Neves Corvo. Drilling also intercepted anomalous copper, lead, and zinc in CDM01, located approximately 8 kilometers east of the Lousal Mine in the Aljustrel mineral belt.

For further information and a more detailed review of the Alvalade project results, please follow the link to a project update presentation on the Avrupa Minerals website:

http://avrupaminerals.com/_resources/presentations/AJV_presentation_Jan2013_final.pdf

Paul Kuhn, President and CEO of Avrupa Minerals, commented: "The results of follow-up drilling at Monte da Bela Vista are highly exciting. The Avrupa team is working with Antofagasta and its consultants to design additional follow-up drilling to test the VMS potential in the Monte da Bela Vista area near the historic Lousal massive sulfide deposit. We are also encouraged by the presence of mineralization in several other areas in the proximity of Lousal and further north towards the old Caveira Mine. Our efforts, now, are directed towards planning the Phase 3 drilling program, scheduled for 5,000 meters and start-up in early March. We will continue our work in the Lousal-Caveira area, particularly at Monte da Bela Vista, but we also have a large number of other target areas to test within the project boundaries."

Antofagasta Minerals SA ("AMSA") is the mining division of Antofagasta plc. Antofagasta plc is listed on the London Stock Exchange and is a constituent of the FTSE-100 Index, with interests also in transport and water distribution. Currently, AMSA activities are primarily concentrated in Chile where it owns and operates four copper mines: Los Pelambres, Esperanza, El Tesoro and Michilla. Total production in 2012 is expected to be approximately 700,000 tonnes of copper, 11,000 tonnes of molybdenum and 280,000 ounces of gold. AMSA also has exploration, evaluation and/or feasibility programs in North America, Latin America, Europe, Asia, Australia, and Africa.

Avrupa Minerals Ltd. is a growth-oriented junior exploration and development company focused on aggressive exploration, using a prospect generator model, for valuable mineral deposits in politically stable and prospective regions of Europe, including Portugal, Kosovo, and Germany.

The Company currently holds 18 exploration licenses in three European countries, including 12 in Portugal covering 2,775 km2, five in Kosovo covering 153 km2, and one in Germany covering 307 km2. Avrupa operates two joint ventures in Portugal, covering four of the licenses, including:


--  The Alvalade JV, with Antofagasta Minerals SA, covering three licenses
    in the Iberian Pyrite Belt of southern Portugal, for Cu-rich massive
    sulfide deposits; and 

--  The Covas JV, with Blackheath Resources, covering one license in
    northern Portugal, for intrusion-related Au-W deposits 

Avrupa is currently upgrading precious and base metal targets to JV-ready status in a variety of districts on their other licenses, with the idea of attracting potential partners to project-specific and/or regional exploration programs. These projects include:


--  Porphyry Cu-Au potential in southern Portugal in the Alvito license
    area; 

--  Seven licenses covering targets in the Pyrite Belt, the north Portugal
    Au-W belt, and the Monchique alkali complex of southern Portugal; 

--  Four licenses spread throughout Kosovo in the Trepca Mineral Belt of the
    Vardar Zone, historically a long-term producing district of silver and
    base metals; 

--  One additional license for gold and copper in southern Kosovo; 

--  One license for intrusion-related Au-Sn-W deposits in the historic
    Erzgebirge Mining District of eastern Germany, a 900-year producer of
    tin, tungsten, silver, base metals, and uranium. 

On behalf of the Board,

Paul W. Kuhn, President & Director

This news release was prepared by Company management, who take full responsibility for its content. Paul W. Kuhn, President and CEO 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.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts:
Avrupa Minerals Ltd.
1-604-687-3520
1-888-889-4874 (FAX)
www.avrupaminerals.com

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
WebRTC is about the data channel as much as about video and audio conferencing. However, basically all commercial WebRTC applications have been built with a focus on audio and video. The handling of “data” has been limited to text chat and file download – all other data sharing seems to end with screensharing. What is holding back a more intensive use of peer-to-peer data? In her session at @ThingsExpo, Dr Silvia Pfeiffer, WebRTC Applications Team Lead at National ICT Australia, looked at differ...
Without a clear strategy for cost control and an architecture designed with cloud services in mind, costs and operational performance can quickly get out of control. To avoid multiple architectural redesigns requires extensive thought and planning. Boundary (now part of BMC) launched a new public-facing multi-tenant high resolution monitoring service on Amazon AWS two years ago, facing challenges and learning best practices in the early days of the new service. In his session at 19th Cloud Exp...
For basic one-to-one voice or video calling solutions, WebRTC has proven to be a very powerful technology. Although WebRTC’s core functionality is to provide secure, real-time p2p media streaming, leveraging native platform features and server-side components brings up new communication capabilities for web and native mobile applications, allowing for advanced multi-user use cases such as video broadcasting, conferencing, and media recording.
"Plutora provides release and testing environment capabilities to the enterprise," explained Dalibor Siroky, Director and Co-founder of Plutora, in this SYS-CON.tv interview at @DevOpsSummit, held June 9-11, 2015, at the Javits Center in New York City.
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...
Security, data privacy, reliability and regulatory compliance are critical factors when evaluating whether to move business applications from in-house client hosted environments to a cloud platform. In her session at 18th Cloud Expo, Vandana Viswanathan, Associate Director at Cognizant, In this session, will provide an orientation to the five stages required to implement a cloud hosted solution validation strategy.
SYS-CON Events announced today that CA Technologies has been named "Platinum Sponsor" of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, New York, and 21st International Cloud Expo, which will take place in November in Silicon Valley, California.
The security needs of IoT environments require a strong, proven approach to maintain security, trust and privacy in their ecosystem. Assurance and protection of device identity, secure data encryption and authentication are the key security challenges organizations are trying to address when integrating IoT devices. This holds true for IoT applications in a wide range of industries, for example, healthcare, consumer devices, and manufacturing. In his session at @ThingsExpo, Lancen LaChance, vic...
Wooed by the promise of faster innovation, lower TCO, and greater agility, businesses of every shape and size have embraced the cloud at every layer of the IT stack – from apps to file sharing to infrastructure. The typical organization currently uses more than a dozen sanctioned cloud apps and will shift more than half of all workloads to the cloud by 2018. Such cloud investments have delivered measurable benefits. But they’ve also resulted in some unintended side-effects: complexity and risk. ...
SYS-CON Events announced today that delaPlex will exhibit at SYS-CON's @CloudExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. delaPlex pioneered Software Development as a Service (SDaaS), which provides scalable resources to build, test, and deploy software. It’s a fast and more reliable way to develop a new product or expand your in-house team.
The explosion of new web/cloud/IoT-based applications and the data they generate are transforming our world right before our eyes. In this rush to adopt these new technologies, organizations are often ignoring fundamental questions concerning who owns the data and failing to ask for permission to conduct invasive surveillance of their customers. Organizations that are not transparent about how their systems gather data telemetry without offering shared data ownership risk product rejection, regu...
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smart...
When you focus on a journey from up-close, you look at your own technical and cultural history and how you changed it for the benefit of the customer. This was our starting point: too many integration issues, 13 SWP days and very long cycles. It was evident that in this fast-paced industry we could no longer afford this reality. We needed something that would take us beyond reducing the development lifecycles, CI and Agile methodologies. We made a fundamental difference, even changed our culture...
The Internet of Things can drive efficiency for airlines and airports. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Sudip Majumder, senior director of development at Oracle, discussed the technical details of the connected airline baggage and related social media solutions. These IoT applications will enhance travelers' journey experience and drive efficiency for the airlines and the airports.
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).