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
So, you bought into the current machine learning craze and went on to collect millions/billions of records from this promising new data source. Now, what do you do with them? Too often, the abundance of data quickly turns into an abundance of problems. How do you extract that "magic essence" from your data without falling into the common pitfalls? In her session at @ThingsExpo, Natalia Ponomareva, Software Engineer at Google, will provide tips on how to be successful in large scale machine lear...
SYS-CON Events announced today that Stratoscale, the software company developing the next generation data center operating system, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Stratoscale is revolutionizing the data center with a zero-to-cloud-in-minutes solution. With Stratoscale’s hardware-agnostic, Software Defined Data Center (SDDC) solution to store everything, run anything and scale everywhere...
Digital payments using wearable devices such as smart watches, fitness trackers, and payment wristbands are an increasing area of focus for industry participants, and consumer acceptance from early trials and deployments has encouraged some of the biggest names in technology and banking to continue their push to drive growth in this nascent market. Wearable payment systems may utilize near field communication (NFC), radio frequency identification (RFID), or quick response (QR) codes and barcodes...
Angular 2 is a complete re-write of the popular framework AngularJS. Programming in Angular 2 is greatly simplified – now it's a component-based well-performing framework. This immersive one-day workshop at 18th Cloud Expo, led by Yakov Fain, a Java Champion and a co-founder of the IT consultancy Farata Systems and the product company SuranceBay, will provide you with everything you wanted to know about Angular 2.
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
Unless you don’t use the internet, don’t live in California, or haven’t been paying attention to the recent news… you should be aware that self-driving cars are on their way to becoming a reality. I have seen them – they are real. If you believe in the future reality of self-driving cars, then continue reading on. If you don’t believe in the future possibilities, then I am not sure what to do to convince you other than discuss the very real changes that will roll out with the consumer producti...
SYS-CON Events announced today that Men & Mice, the leading global provider of DNS, DHCP and IP address management overlay solutions, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. The Men & Mice Suite overlay solution is already known for its powerful application in heterogeneous operating environments, enabling enterprises to scale without fuss. Building on a solid range of diverse platform support,...
SYS-CON Events announced today that Peak 10, Inc., a national IT infrastructure and cloud services provider, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Peak 10 provides reliable, tailored data center and network services, cloud and managed services. Its solutions are designed to scale and adapt to customers’ changing business needs, enabling them to lower costs, improve performance and focus inter...
You deployed your app with the Bluemix PaaS and it's gaining some serious traction, so it's time to make some tweaks. Did you design your application in a way that it can scale in the cloud? Were you even thinking about the cloud when you built the app? If not, chances are your app is going to break. Check out this webcast to learn various techniques for designing applications that will scale successfully in Bluemix, for the confidence you need to take your apps to the next level and beyond.
In his session at @ThingsExpo, Chris Klein, CEO and Co-founder of Rachio, will discuss next generation communities that are using IoT to create more sustainable, intelligent communities. One example is Sterling Ranch, a 10,000 home development that – with the help of Siemens – will integrate IoT technology into the community to provide residents with energy and water savings as well as intelligent security. Everything from stop lights to sprinkler systems to building infrastructures will run ef...
In the world of DevOps there are ‘known good practices’ – aka ‘patterns’ – and ‘known bad practices’ – aka ‘anti-patterns.' Many of these patterns and anti-patterns have been developed from real world experience, especially by the early adopters of DevOps theory; but many are more feasible in theory than in practice, especially for more recent entrants to the DevOps scene. In this power panel at @DevOpsSummit at 18th Cloud Expo, moderated by DevOps Conference Chair Andi Mann, panelists will dis...
Whether your IoT service is connecting cars, homes, appliances, wearable, cameras or other devices, one question hangs in the balance – how do you actually make money from this service? The ability to turn your IoT service into profit requires the ability to create a monetization strategy that is flexible, scalable and working for you in real-time. It must be a transparent, smoothly implemented strategy that all stakeholders – from customers to the board – will be able to understand and comprehe...
See storage differently! Storage performance problems have only gotten worse and harder to solve as applications have become largely virtualized and moved to a cloud-based infrastructure. Storage performance in a virtualized environment is not just about IOPS, it is about how well that potential performance is guaranteed to individual VMs for these apps as the number of VMs keep going up real time. In his session at 18th Cloud Expo, Dhiraj Sehgal, in product and marketing at Tintri, will discu...
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
As the rapid adoption of containers continues, companies are finding that they lack the operational tools to understand the behavior of applications deployed in these containers, and how to identify issues in their application infrastructure. For example, how are multiple containers within an application impacting each other’s performance? If an application’s service is degraded, which container is to blame? In the case of an application outage, what was the root cause of the outage?