AVPMF - Avrupa Drills 0.48% Cu over 22.9 meters - Proving Continuity of Copper-Zinc Mineralization at Sesmarias North Alvalade Project Portugal
(TheNewswire)
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Best results of semi-massive tomassive sulfide mineralization include:
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22.9 meters, from 378.50 meters @0.48% Copper, 0.72 g/t Gold, 37.7 g/t Silver, 1.10% Lead, and 2.17%Zinc
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Vancouver, BC - TheNewswire - April 4, 2022 - Avrupa Minerals Ltd.(TSXV:AVU) (OTC:AVPMF) is pleased to report that recent drilling showsfurther, more definitive continuity of massive sulfide mineralizationin the North sector at the Sesmarias Copper-Zinc prospect within theAlvalade Project (Alentejo, Portugal). The program is a jointventure between Avrupa Minerals and Minas de Aguas Teñidas, S.A.(Sandfire MATSA) and is operated by Avrupa through the JV entityPorMining Lda. To date, at Sesmarias North, the Company hascompleted 17 diamond drill holes, totaling 8,900 meters, on sixdifferent fences along a strike length of 400 meters.
Highlights of the SES21-046 resultsinclude:
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Within the main mineralized zone,higher grade intervals between 380.00 meters and 390.00 meters standout:
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6.95 meters @ 0.91 g/t Gold,including 2.95 meters @ 1.16 g/t Gold
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6.95 meters @ 50.2 g/t Silver,including 2.95 meters @ 72.4 g/t Silver
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8.70 meters @ 0.61% Copper, including3.70 meters @ 0.83% Copper
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6.95 meters @ 1.48% Lead, including3.95 meters @ 1.87% Lead
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3.00 meters @ 3.50% Zinc, and afurther 7.00 meters @2.95% Zinc
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The intercept crosses the east limbof the Sesmarias syncline, along with a number of smaller secondaryfolds on the east side, but misses the hinge zone and most of the westlimb of the syncline ( see SES21-044 results ).
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Results from SES21-046 demonstratecontinuity of mineralization in the gap between Sections 120 S and 350S.
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Drilling at Sesmarias Northdemonstrates robust copper-zinc massive sulfide mineralization over400 meters of strike length, open to the north and south, and is openat depth.
Paul W. Kuhn, President and CEO of Avrupa Minerals,commented, “The new drill results continue to exhibit the strengthof the Sesmarias North massive sulfide mineralization. We lookforward to further drilling underneath SES21-046 and SES21-044 in thissector to increase the size of the massive sulfide body and hopefullythe grade of the copper-zinc mineralization. We also expect tocontinue to work southwards towards the Central sector and theoriginal discovery area. We have a further 1.1 kilometers of strikelength to the south still to test, and unknown distance to the northof the initial JV drilling. We expect a busy summer drilling seasonat Sesmarias and other targets along the Pyrite Belt trend that wecontrol in the Alvalade Project.”
Technical Details and Results
To date, in the MATSA JV, the Company completed 16drill holes (including three holes lost due to difficult downholedrilling conditions) in the SES North sector, and one scout hole inthe SES Central sector (SES21-041), totaling 8,900 meters. TheCompany drilled one scout hole of 614 meters in the Caveira District(CAV21-001), located 16 kilometers north of Sesmarias.
Figure 1. Drill locations at Sesmarias North, along with plan view ofmassive sulfide lenses projected to the surface. SES21-046 islocated in Section 250 S. Further drilling on Sections 250 S and 350S, collared northeast of 044 and 046, is necessary to extend depth ofmineralization in the Sesmarias syncline. Drilling southeast ofSection 350 S is necessary to extend North sector mineralization intothe Central sector.
Following is a summary of the results fromSES21-046:
Table 1. Summary of results for SES21-046.
The 250 S geological section shows that SES21-046crosses the east limb of the Sesmarias syncline with good results inmassive sulfide mineralization, then crosses back through a secondaryfold into sulfides, but apparently at the very top of the massive bodywith lower-level results. The drill hole continues through thetrough of the syncline until it cuts the closed-off top of the westlimb with a higher-grade copper value over a short width. Theseresults and interpretations point to further potential below thishole, as seen in SES21-044 ( see news release of January 25, 2022 ). Further drilling is planned for both sections to testfor significant depth potential for copper-zinc mineralization.
As noted in the previous news release, the Companycontinues to expect that “two-limb” mineralization continues tothe north, and that further drilling will demonstrate the position ofsuch base metal mineralization. The Company also expects thatmassive sulfide mineralization is open to the south towards thepreviously-discovered mineralization in the Sesmarias Central andSouth sectors (the “10” Lens). Further work is planned in theCentral sector to follow up “2” Lens mineralization, which appearsto be separate from the “10” Lens.
Figures 2a and 2b. 250 S cross section, including SES21-046, and enlargement ofthe massive sulfide zone.
Sandfire MATSA has advised Avrupa that drilling atAlvalade will resume in June. In the meantime, the Company continuesto upgrade the numerous un-drilled targets in the Alvalade Projectarea.
The continuing work program is fully funded by Minas deAguas Teñidas, S.A. (“MATSA”). Sandfire MATSA can initiallyearn a 51% interest in the Alvalade Experimental Exploitation Licenseproperty by completing funding requirements set out in the jointventure agreement between the companies. Sandfire MATSA may then electto increase their interest in the Project to 85% by preparing abankable feasibility study. Avrupa previously described the detailsof the agreement in news releases dated October 1, 2019 and November 20, 2019 .
Minas de Aguas Teñidas, S.A.(Sandfire MATSA) is a modern mining companywhich owns and operates the MATSA Mining Operations in the Huelvaprovince of Spain. With a processing plant located to the north of theIberian Pyrite Belt that sources ore from three underground mines,Aguas Teñidas and Magdalena Mines in Almonaster la Real and theSotiel Mine in Calañas, Sandfire MATSA produces copper, zinc and lead mineral concentrates that are sold from the portof Huelva. Sandfire MATSA also holds 1,312 km 2 of explorationpermits in the south of Spain and 1,106 km 2 in Portugal.Sandfire MATSA is a wholly owned company of Sandfire Resources Ltd, amining and exploration company listed on the Australian SecuritiesExchange (ASX: SFR).
Avrupa Minerals Ltd. is a growth-oriented junior exploration and developmentcompany directed to discovery of mineral deposits, using a hybridprospect generator business model. The Company holds one 100%-ownedlicense in Portugal, the Alvalade VMS Project, now optioned toSandfire MATSA in an earn-in joint venture agreement. Avrupa focusesits project generation work in politically stable and prospectiveregions of Europe, presently including Portugal, Finland, and Kosovo. The Company continues to seek and develop other opportunities aroundEurope.
For additional information, contact Avrupa Minerals Ltd. at1-604-687-3520 or visit our website at www.avrupaminerals.com .
On behalf of the Board,
Paul W. Kuhn, President & Director
Thisnews release was prepared by Company management, who take fullresponsibility for its content. Paul W. Kuhn, President and CEO ofAvrupa Minerals, a Licensed Professional Geologist and a RegisteredMember of the Society of Mining Engineers, is a Qualified Person asdefined by National Instrument 43-101 of the Canadian SecuritiesAdministrators. He has reviewed the technical disclosure in thisrelease. Mr. Kuhn, the QP, has not only reviewed, but prepared andsupervised the preparation or approval of the scientific and technicalcontent in the news release.
Neither TSX Venture Exchange nor itsRegulation Services Provider (as that term is defined in the policiesof the TSX Venture Exchange) accepts responsibility for the adequacyor accuracy of this release.
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