Welcome!

News Feed Item

Avrupa Drills 5.5 Meters of Massive Sulfides, 650 Meters From Initial VMS Intercept at Sesmarias, Alvalade JV Project, Portugal

- SES008, a 650-meter step-out NW from SES002, intersects 5.5 meters of massive sulfide mineralization assaying, 1.17 ppm gold, 36.8 ppm silver, and including 5.0 meters @ 0.64% Copper, 0.94% Lead, and 1.54% Zinc

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 05/12/14 -- Avrupa Minerals Ltd. (TSX VENTURE:AVU)(FRANKFURT:8AM) is pleased to announce results for the recently-completed drilling phase at the Sesmarias location on the Alvalade Joint Venture project in the Iberian Pyrite Belt of Portugal. The Alvalade project is operated by Avrupa and funded by a wholly-owned subsidiary of Antofagasta plc ("Antofagasta").

Avrupa and Antofagasta drilled eight holes in the Sesmarias area, including seven in the immediate vicinity of the initial Sesmarias massive sulfide intersection, for a total of 1,961 meters in the general target area. Results of JV drilling clearly indicate the potential for a large-scale mineralized system.

Ongoing review of historic drilling around the peripheries of the present program supports this idea, and suggests an immediate target area of over 2,500 meters in strike length for the next phase of drilling. The following figures outline the Sesmarias massive sulfide system target area. Key points to take from the figures include:


--  The large scale of the Sesmarias system, with previously-documented
    sulfide mineralization around the peripheries of the present target
    area;

--  Comparison of the size of the potential Sesmarias system to the size of
    the giant Neves-Corvo system, located 50 kilometers southeast of
    Sesmarias and presently mined by Lundin Mining Company;

--  Historic drilling completely missed the actual target rock package,
    leaving

--  A 2,500-meter strike length of never-before-been drilled target area at
    Sesmarias.

To view Figure 1, please visit the following link: http://media3.marketwire.com/docs/avu0512fig1.pdf.

Important analytical results from sampling of massive, semi-massive, and stockwork sulfide mineralization are summarized in the table below. Four of the seven holes intersected massive sulfide mineralization at variable depths below the surface. Massive sulfide mineralization in three of those holes was sent to the lab for geochemical analyses (SES002, SES006, and SES008). A detailed in-house study of the SES003 massive sulfide mineralization was completed using a hand-held XRF (x-ray fluorescence) analytical tool, and XRF studies of SES004, SES005, and SES007 are presently underway. The XRF results are considered informative and scientifically supportive to the study and interpretation of the Sesmarias system, but should not be confused with analytical results obtained from an accredited assay laboratory. The XRF study of SES003 indicated similar VMS mineralization to that of SES002, which was approximately six meters away at the intersection of mineralization at depth.

Geochemical and geological results from all the work, to date, indicate that massive sulfide mineralization at Sesmarias is hosted within a specific package of black shale rocks located within the general volcanic-sedimentary rock sequence where mineralization in the Pyrite Belt is typically found. The sulfide mineralization is fault-bound at both the upper and lower boundaries, suggesting that mineralization could be cut-off and moved laterally along strike, and/or vertically along dip, making exploration and delineation of a potential deposit difficult. However, successful identification of the target host package in this phase of the drilling is a significant and positive step forward for exploration in the Sesmarias area, and for other target locations within the Alvalade Joint Venture license.

Sesmarias intercepts and drill hole summaries:


----------------------------------------------------------------------------
                      Total                                                 
Hole ID               Depth                                      Description
----------------------------------------------------------------------------
SES008                334.1   Hole intersected 5.5 meters of massive sulfide
                     meters     mineralization and 27.6 meters of sulfides +
                                black shales. Massive sulfide mineralization
                                  cut off by faulting at 309.1 meters depth.
                             Additional, weak massive sulfide mineralization
                                       located between 276 and 303.6 meters.
----------------------------------------------------------------------------
Massive sulfide mineralization @ 303.6 - 309.1 meters, total of 5.5 meters  
----------------------------------------------------------------------------
                         Au        Ag      Cu      Pb      Zn      Sn     Co
                      (ppm)     (ppm)     (%)     (%)     (%)     (%)    (%)
----------------------------------------------------------------------------
5.5 meters (303.6-                                                          
 309.1) @              1.17      36.8                                       
----------------------------------------------------------------------------
  incl 3 meters                                                             
   (306.1-309.1) @     1.62      41.8                                       
----------------------------------------------------------------------------
                                                                            
----------------------------------------------------------------------------
5.5 meters (303.6-                                                          
 309.1) @                                0.59    0.88    1.41   0.045   0.01
----------------------------------------------------------------------------
  incl 5 meters                                                             
   (304.1-309.1) @                       0.64    0.94    1.54   0.046  0.011
----------------------------------------------------------------------------
  incl 3.5 meters                                                           
   (304.1-307.6) @                                       2.05               
----------------------------------------------------------------------------
                                                                            
----------------------------------------------------------------------------
SES007                279.7    Hole intersected wide fault zone at 206 - 222
                     meters   meters at predicted depth of potential massive
                                     sulfide mineralization; massive sulfide
                               fragments observed in fault zone; no analyses
----------------------------------------------------------------------------
                                                                            
----------------------------------------------------------------------------
SES006                253.1   Hole intersected 1.5 meters of massive sulfide
                     meters  mineralization at 208.6 - 210.1 meters, but cut
                                                 off by fault, as in SES007.
----------------------------------------------------------------------------
Massive sulfide mineralization @ 208.6 - 210.1 meters, total of 1.5 meters  
----------------------------------------------------------------------------
                         Au        Ag      Cu      Pb      Zn      Sn     Co
                      (ppm)     (ppm)     (%)     (%)     (%)     (%)    (%)
----------------------------------------------------------------------------
1.5 meters (208.6-                                                          
 210.1) @              0.22        54    1.66     2.3    3.66   0.091    0.1
----------------------------------------------------------------------------
                                                                            
----------------------------------------------------------------------------
SES005                320.3       Strong sulfides and stockwork at predicted
                     meters               depth of potential massive sulfide
                               mineralization, but zone appears to be cut by
                                           faulting, as in SES006 and SES007
----------------------------------------------------------------------------
                                                                            
----------------------------------------------------------------------------
SES004                183.9    Hole collared underneath and drilled into the
                     meters                 footwall of the Sesmarias system
----------------------------------------------------------------------------
                                                                            
----------------------------------------------------------------------------
SES003                160.2         Vertical hole intersected 13.1 meters of
                     meters    massive sulfide miner-alization. However, the
                             top of the intercept is located only six meters
                                from the top of the SES002 mineral intercept
                                    and was not sampled by geochemical assay
                                    methods. The hole was used, however, for
                              geophysical studies of the mineralization. XRF
                             analytical results confirmed SES002 geochemical
                                                                    results.
----------------------------------------------------------------------------
                                                                            
----------------------------------------------------------------------------
SES002                274.7   Initial intercept, as reported in earlier news
                     meters                                          release
----------------------------------------------------------------------------
Total mineralization zone @ 151.65 - 168.50 meters, total of 16.85 meters   
----------------------------------------------------------------------------
                      From-        Cu      Ag      Pb      Zn      Sn     Co
SULFIDE TYPE             To         %     ppm       %       %       %      %
----------------------------------------------------------------------------
Massive: 7.95       151.65-                                                 
 meters              159.60      2.21    89.8    3.05    4.82    0.15  0.084
Semi-                                                                       
 massive/stockwork: 159.60-                                                 
 2.9 m               162.50      0.71   35.45    1.27    3.17   0.092  0.051
----------------------------------------------------------------------------
TOTAL                 10.85                                                 
                     meters      1.81   75.27    2.57    4.38    0.13  0.075
----------------------------------------------------------------------------
                      From-        Cu      Ag      Pb      Zn             Co
                         To       ppm     ppm     ppm     ppm            ppm
----------------------------------------------------------------------------
Weak/moderate       162.50-                                                 
 stockwork: 6 m      168.50      4514   10.57    1886    4838            528
----------------------------------------------------------------------------

Note that at this time, true widths of the sulfide intercepts cannot be determined with the information presently available.

Plans for the next phase of exploration include 2,700 to 3,000 meters of drilling, with the first part of the program planned for potential extension of the Sesmarias system in both northwest and southeast directions, as well as for in-fill drilling between the SES006 and SES008 drill holes. This drilling program will commence in early June and should be completed in August, 2014.

Paul W. Kuhn, President and CEO of Avrupa Minerals, commented: "We are extremely excited about the Sesmarias potential. It appears possible that the Sesmarias area can host a large mineralization system, containing valuable concentrations of copper, zinc, lead, and silver, and potentially local concentrations of gold, tin, and cobalt. Further work is clearly justified, and Antofagasta has stepped up to fund further progress for the exploration program at Sesmarias, and on the Alvalade Project in general. We are looking forward to the startup of the next phase of drilling, scheduled for mid-June."

Notes on analytical methods and quality control. All samples were sent to the ALS Minerals sample preparation facility in Seville, Spain. ALS shipped the prepped material to their main European analytical laboratory located in Loughrea, Ireland. In the main massive sulfide zones, total copper, silver, lead, zinc, and cobalt results were obtained using a metals' extraction method developed specifically for analysis of massive sulfide mineralization. This includes metals' digestion by strong oxidizing agents, followed by analysis using the industry-standard technique of inductively coupled plasma - atomic emission spectroscopy (ICP-AES). Total tin results were obtained using a lithium borate fusion with the addition of a strong oxidizing agent, and followed by x-ray fluorescence (XRF) analysis, performed in the ALS Minerals laboratory located in Vancouver, Canada. In the lower anomalous zone of SES002, all metals' results were obtained using a four-acid digestion, followed by ICP-AES analysis for near-total results in all metals, with the exception of tin, which was not re-analyzed due to low levels. In addition to ALS Minerals quality assurance/quality control (QA/QC) of all work orders, the Joint Venture conducted its own standard, internal QA/QC from results generated by the systematic inclusion of certified reference materials, blank samples, and field duplicate samples. The analytical results from the quality control samples in the Sesmarias work orders have been evaluated, and conform to industry best-practice standards.

Antofagasta plc is listed on the London Stock Exchange, is a constituent of the FTSE-100 Index, and has significant mining interests in Chile. Antofagasta plc operates four copper mines: Los Pelambres, Esperanza, El Tesoro and Michilla. Total production in 2013 was 721,200 tonnes of copper, 9,000 tonnes of molybdenum, and 293,800 ounces of gold. Antofagasta plc 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 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 14 exploration licenses in three European countries, including eight in Portugal covering 2,951.6 km2, five in Kosovo covering 153 km2, and one in Germany covering 307 km2. Avrupa operates three joint ventures and one exploration alliance in Portugal and Kosovo, including:


--  The Alvalade JV, with Antofagasta, covering one license in the Iberian
    Pyrite Belt of southern Portugal, for Cu-rich massive sulfide deposits;

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

--  The Slivovo JV, with Byrnecut International, covering one license in
    central Kosovo, for gold and base metals related to carbonate-hosted
    massive sulfide deposits in the Vardar Mineral Trend; and

--  The CalGen Exploration Alliance, with Callinan Royalties Corp., covering
    generative exploration throughout Portugal, and including specific
    prospect upgrade work on the Alvito IOCG license in southern Portugal. 

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.

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.
Paul W. Kuhn
President & Director
(604) 687-3520
(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
Almost two-thirds of companies either have or soon will have IoT as the backbone of their business. Though, IoT is far more complex than most firms expected with a majority of IoT projects having failed. How can you not get trapped in the pitfalls? In his session at @ThingsExpo, Tony Shan, Chief IoTologist at Wipro, will introduce a holistic method of IoTification, which is the process of IoTifying the existing technology portfolios and business models to adopt and leverage IoT. He will delve in...
Bert Loomis was a visionary. This general session will highlight how Bert Loomis and people like him inspire us to build great things with small inventions. In their general session at 19th Cloud Expo, Harold Hannon, Architect at IBM Bluemix, and Michael O'Neill, Strategic Business Development at Nvidia, discussed the accelerating pace of AI development and how IBM Cloud and NVIDIA are partnering to bring AI capabilities to "every day," on-demand. They also reviewed two "free infrastructure" pr...
Cloud Expo, Inc. has announced today that Aruna Ravichandran, vice president of DevOps Product and Solutions Marketing at CA Technologies, has been named co-conference chair of DevOps at Cloud Expo 2017. The @DevOpsSummit at Cloud Expo New York will take place on June 6-8, 2017, at the Javits Center in New York City, New York, and @DevOpsSummit at Cloud Expo Silicon Valley will take place Oct. 31-Nov. 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
In his session at @ThingsExpo, Steve Wilkes, CTO and founder of Striim, will delve into four enterprise-scale, business-critical case studies where streaming analytics serves as the key to enabling real-time data integration and right-time insights in hybrid cloud, IoT, and fog computing environments. As part of this discussion, he will also present a demo based on its partnership with Fujitsu, highlighting their technologies in a healthcare IoT use-case. The demo showcases the tracking of pati...
Tricky charts and visually deceptive graphs often make a case for the impact IT performance has on business. The debate isn't around the obvious; of course, IT performance metrics like website load time influence business metrics such as conversions and revenue. Rather, this presentation will explore various data analysis concepts to understand how, and how not to, assert such correlations. In his session at 20th Cloud Expo, Leo Vasiliou, Director of Web Performance Engineering at Catchpoint Sys...
@DevOpsSummit has been named the ‘Top DevOps Influencer' by iTrend. iTrend processes millions of conversations, tweets, interactions, news articles, press releases, blog posts - and extract meaning form them and analyzes mobile and desktop software platforms used to communicate, various metadata (such as geo location), and automation tools. In overall placement, @DevOpsSummit ranked as the number one ‘DevOps Influencer' followed by @CloudExpo at third, and @MicroservicesE at 24th.
The buzz continues for cloud, data analytics and the Internet of Things (IoT) and their collective impact across all industries. But a new conversation is emerging - how do companies use industry disruption and technology enablers to lead in markets undergoing change, uncertainty and ambiguity? Organizations of all sizes need to evolve and transform, often under massive pressure, as industry lines blur and merge and traditional business models are assaulted and turned upside down. In this new da...
Stratoscale, the software company developing the next generation data center operating system, exhibited at SYS-CON's 18th International Cloud Expo®, which took place at the Javits Center in New York City, NY, in June 2016.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, IT is empowered to take control of their data ce...
It is one thing to build single industrial IoT applications, but what will it take to build the Smart Cities and truly society changing applications of the future? The technology won’t be the problem, it will be the number of parties that need to work together and be aligned in their motivation to succeed. In his Day 2 Keynote at @ThingsExpo, Henrik Kenani Dahlgren, Portfolio Marketing Manager at Ericsson, discussed how to plan to cooperate, partner, and form lasting all-star teams to change the...
For organizations that have amassed large sums of software complexity, taking a microservices approach is the first step toward DevOps and continuous improvement / development. Integrating system-level analysis with microservices makes it easier to change and add functionality to applications at any time without the increase of risk. Before you start big transformation projects or a cloud migration, make sure these changes won’t take down your entire organization.
What are the new priorities for the connected business? First: businesses need to think differently about the types of connections they will need to make – these span well beyond the traditional app to app into more modern forms of integration including SaaS integrations, mobile integrations, APIs, device integration and Big Data integration. It’s important these are unified together vs. doing them all piecemeal. Second, these types of connections need to be simple to design, adapt and configure...
To manage complex web services with lots of calls to the cloud, many businesses have invested in Application Performance Management (APM) and Network Performance Management (NPM) tools. Together APM and NPM tools are essential aids in improving a business's infrastructure required to support an effective web experience... but they are missing a critical component - Internet visibility.
Both SaaS vendors and SaaS buyers are going “all-in” to hyperscale IaaS platforms such as AWS, which is disrupting the SaaS value proposition. Why should the enterprise SaaS consumer pay for the SaaS service if their data is resident in adjacent AWS S3 buckets? If both SaaS sellers and buyers are using the same cloud tools, automation and pay-per-transaction model offered by IaaS platforms, then why not host the “shrink-wrapped” software in the customers’ cloud? Further, serverless computing, cl...
Microservices are a very exciting architectural approach that many organizations are looking to as a way to accelerate innovation. Microservices promise to allow teams to move away from monolithic "ball of mud" systems, but the reality is that, in the vast majority of organizations, different projects and technologies will continue to be developed at different speeds. How to handle the dependencies between these disparate systems with different iteration cycles? Consider the "canoncial problem" ...
“We're a global managed hosting provider. Our core customer set is a U.S.-based customer that is looking to go global,” explained Adam Rogers, Managing Director at ANEXIA, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.