(TheNewswire)
Highlights include:
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- SES21-040 : 36.45 meters @ 0.72% Copper, 0.36 g/tGold, 21 g/t Silver, and 0.82% Lead, including:
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- 11.0 meters @ 1.05% Copper, 0.51g/t Gold, 39.2 g/t Silver, and 1.64% Lead.
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- SES21-039 : 39.2 meters @ 0.44% Copper, 0.71 g/tGold, 27.1 g/t Silver, 2.07% Zinc, and 0.79% Lead, includingoverlapping mineralized zones:
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- 17.25 meters @ 1.01 g/t Gold
- 16.7 meters @ 34.6 g/tSilver
- 16.7 meters @ 0.58% Copper
- 9.7 meters @ 1.23% Lead
- 8.0 meters @ 2.96% Zinc and 7.7meters @ 3.5% Zinc.
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- SES21-039 : A second significant massive sulfideintercept lower in this hole: 14.8 meters @ 0.45% Copper, 0.29 g/tGold, and 28.7 g/t Silver.
Further highlights include:
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- SES21-039 and SES21-040 extendmassive sulfide mineralization for 350 meters to the southeast fromthe previously-reported SES21-033/036 section;
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- Grades improving to thesoutheast;
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- 11 drill holes, 5,862 meterscompleted to date on five sections at SES North and one section in theSES Central sector;
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- Results from 10 holes now reported;results from one hole pending
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- Drilling is underway on a12 th hole at Sesmarias.
TheNewswire - September 21, 2021 - Avrupa Minerals Ltd.(TSXV:AVU) (OTC: AVPMF) (FSE:8AM) is pleased to report that drilling continues to expand andupgrade polymetallic, massive sulfide mineralization at the SesmariasCopper-Zinc Prospect within the Alvalade Project (Alentejo, Portugal). The program is a joint venture between Avrupa Minerals and Minas deAguas Teñidas, S.A. (MATSA) and is operated by Avrupa through the JVentity PorMining Lda. To date, the Company has completed 11 diamonddrill holes on six different fences, totaling 5,862 meters, and isdrilling a 12th hole testing potential massive sulfide mineralizationon Section 0350S.
Paul W. Kuhn, President and CEO of Avrupa Minerals,commented, “With continued drilling in the SES North sector, we havenow intersected significant massive sulfide mineralization over 350meters in strike length to the southeast from previously-reportedintersections in SES21-033 and 036. The SES21-039 intercept is thelongest, to date, in the joint venture, and shows improving copper,zinc, and gold grades, as we move south along the strike of massivesulfide mineralization originally discovered in SES008. TheSES21-040 intercept contains the best copper results, to date, with 11meters of 1.05% copper within a longer interval of polymetallicmineralization. As we move south towards the SES Central (Discovery)sector, we look forward to the potential of continued improvement ofgrades.”
SES North Resultsand Sections
To date, the Company completed ten drill holes in theSES North sector during this phase of drilling (SES20-031 throughSES21-040), and one further hole in the SES Central sector(SES21-041), totaling 5,862 meters. The Company reports results forSES21-037 through 040 in this release.
Drilling at SES21-042 is now underway on the 350 Ssection to test for possible mineralization above SES21-040. Following the completion of SES21-042, the Company plans to drillfurther on the 350 S section to test for potential downdip massivesulfide mineralization below the SES21-040 intercept. That hole willbe collared approximately 40 meters northeast of the SES21-040location.
Through all phases of drilling and exploration atSesmarias, the Company has drilled copper-zinc massive sulfidemineralization in various lenses over a strike length of 1.7kilometers. Through interpretation of various programs ofgeophysical work and re-logging of historical drilling in thedistrict, including holes with massive sulfide mineralization present,the strike length for possible massive sulfide mineralization mayeasily be extended to the north for a further 800-1000 meters. Allindications suggest that potential for further mineralization to thesouth is open, as well. For now, the Company will continue to workon extending and upgrading the mineralization at SES North towards theSES Central sector, as well as defining massive sulfide occurrence inthe Central sector.
Through detailed logging of the new core from thisphase of drilling, as well as detailed re-logging of all the Sesmariasarea historic core, we have established that the Sesmarias massivesulfide system is heavily folded and strongly modified by severalphases of post-mineralization faulting. However, through all thisstructural modification, the Company continues to intersect the targetmineral horizon in all of the Sesmarias drilling. The identificationand separation of the different lenses of massive sulfidemineralization is strictly related to the location of mineralizationon a specific limb of successive and adjacent folds (see sectionsbelow). This supports the previous identification of the 2 Lens, the8 Lens, the 10 Lens, and others at Sesmarias, as they are situated ondifferent fold limbs and will project to the surface as separatelenses. This geometry explains the historic situation of thenumerous massive sulfide lenses that make up the Lousal deposit, justseven kilometers north of Sesmarias. We expect a similar targetingstory for Monte da Bela Vista, a further 2 kilometers beyond Lousal,as the complicated geology in all three target areas appears to besimilar, if not directly related.
Figure 1. Plan view of Sesmarias North drilling, with drillholelocations and cross section lines.
Figure 1a. Surface expression of the 8 Lens Target Zone (red dashedlines) and projected surface expression of mineralization in the SESNorth sector. Drilling is underway on the Section 350 S, where wehave discovered a new lens (in purple) for the northern sector withsignificantly higher copper grade than previous holes in the northernsector.
Following is a summary of newresults for SES North mineralization from Section 000 to Section 350S. Results are reported in order of drilling.
Meters | From | To | Cu (%) | Zn (%) | Pb (%) | Au (g/t) | Ag (g/t) |
3.9 | 476.85 | 480.75 | 0.28 | 1.70 | 0.77 | 0.48 | 24.4 |
Table 1. SES21-037 intercept information. Section 000. Possible bottom of lens on thissection.
Meters | From | To | Cu (%) | Zn (%) | Pb (%) | Au (g/t) | Ag (g/t) |
6.0 | 356.85 | 362.85 | 0.72 | ||||
Incl. | |||||||
5.0 | 356.85 | 361.85 | 0.64 | 1.57 | 0.98 | 0.6 | 33.1 |
And | |||||||
6.25 | 372.9 | 379.15 | 0.6 | ||||
2.8 | 376.35 | 379.15 | 0.75 |
Table 2. SES21-038 intercept information. Section 070 S. Overall zone ofmineralization defined by mixed stockwork and semi- to massive sulfidematerial.
Meters | From | To | Cu (%) | Zn (%) | Pb (%) | Au (g/t) | Ag (g/t) |
39.2 | 348.0 | 387.2 | 0.44 | 2.07 | 0.79 | 0.71 | 27.1 |
Gold-Zinc zone | |||||||
17.25 | 351.0 | 368.25 | 1.01 | ||||
Incl. | |||||||
6.0 | 351.0 | 357.0 | 1.58 | ||||
8.0 | 357.0 | 365.0 | 2.96 | ||||
Incl. | |||||||
2.0 | 363.0 | 365.0 | 4.7 | ||||
Polymetallic zone | |||||||
16.7 | 370.5 | 387.2 | 0.53 | 0.51 | 34.6 | ||
Incl. | |||||||
16.2 | 363.0 | 379.2 | 2.85 | ||||
13.7 | 370.5 | 384.2 | 1.09 | ||||
Incl. | |||||||
7.7 | 370.5 | 378.2 | 3.5 | ||||
9.7 | 370.5 | 380.2 | 1.23 | ||||
8.0 | 379.2 | 387.2 | 0.58 |
Table 3a. SES21-039 upper intercept information. Section 120 S. Longest intercept, to date,in this phase of drilling. Contains overlapping zones of Au-Zn andpolymetallic mineralization.
Meters | From | To | Cu (%) | Zn (%) | Pb (%) | Au (g/t) | Ag (g/t) |
14.8 | 419.0 | 433.8 | 0.45 | 0.59 | 0.29 | 28.7 | |
Incl. | |||||||
2.8 | 431.0 | 433.8 | 0.7 | ||||
2.0 | 423.0 | 425.0 | 1.42 | ||||
1.0 | 430.0 | 431.0 | 1.24 |
Table 3b. SES21-039 lower intercept information. Section 120 S.
Meters | From | To | Cu (%) | Zn (%) | Pb (%) | Au (g/t) | Ag (g/t) |
36.45 | 479.4 | 515.85 | 0.72 | 0.82 | 0.36 | 21.0 | |
Incl. | Best overall zone | ||||||
4.0 | 485.4 | 489.4 | 1.32 | 3.86 | 0.67 | 71.4 | |
And | Best copper zone | ||||||
11.0 | 483.4 | 494.4 | 1.05 | 1.64 | 0.51 | 39.2 | |
And | |||||||
2.0 | 509.4 | 511.4 | 1.38 | 1.82 | |||
And | Additional zinc zone outside of main zone | ||||||
8.05 | 510.4 | 518.45 | 0.72 |
Table 4. SES21-040 intercept information. Section 350 S. Long intercept contains bestcopper results, to date, in this phase of drilling. Copper gradesappear to increase towards the south.
Following are the summary crosssections for 8 Lens mineralization in the Sesmarias North sector. Further information will be posted on the Avrupa Mineralswebsite.
Figure 2. Section 000 : Simplified geologicalsection, showing massive sulfides and stockwork zone in SES008,SES21-033, SES21-036, and SES21-037. While the section shows theapparent bottom of the 8 Lens, further work to potentially open up themineral horizon below SES21-037 and expand downdip will becontemplated in the future. However, at this time, new drilling willbe concentrated towards the south where copper and zinc grades appearto be rising and the size of the lens appears to be increasing.
Figure 3. Section 070 S : Simplified geologicalsection showing location of massive sulfides in SES21-038, as well asSES20-031 crossing the top of the Lens 8 pod. Targeting for furthermineralization on this section clearly lies downdip from theSES21-038.
Figure 4. Section 120 S : Simplified geologicalsection showing two intercepts of massive sulfide mineralization inSES21-039. Intercepts appear to lie in separate limbs of ancillaryfolding on the northeast limb of the main syncline identified in theSES North sector drilling during this phase of the program. Results,combined with those of SES21-038 (above) and SES21-040 (below) suggestpotential vectoring to the southeast at SES North towards higher gradecopper and zinc mineralization.
Figure 5. Section 350 S : Simplified geologicalsection, showing massive sulfides and stockwork zone in SES009 andSES21-040, along with ongoing drilling at SES21-042, represented by adashed line. The Company plans to aim for a depth of approximately600 meters for 042. The hole intercepted strong mineralization on the southwest limb of the mainsyncline for the first time in the northern sector atSesmarias.
The continuing work program is fully funded by Minas deAguas Teñidas, S.A. (“MATSA”). MATSA can initially earn a 51%interest in the Alvalade Experimental Exploitation License property by completing fundingrequirements set out in the joint venture agreement between thecompanies. MATSA may then increase their interest in the Project to85% by preparing a bankable feasibility study. Avrupa previouslydescribed the details of the agreement in news releases dated October 1,2019 and November 20,2019 .
Minas de Aguas Teñidas, S.A. (MATSA) is a private Spanish mining company, which ownsand operates three mines in the province of Huelva (Andalusia, Spain): Aguas Teñidas, Magdalena, and Sotiel. MATSA also holds 1,312km 2 of exploration permits in the south of Spain and 1,106 km 2 in Portugal.Focused on innovation and the most advanced technology to developmodern and sustainable mines, MATSA is a 50:50 joint venture companyof Mubadala Investment Company, a sovereign investor managing a globalportfolio aimed at generating sustainable returns for its shareholder,the Government of Abu Dhabi, and Trafigura, one of the world’sleading commodity trading houses.
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 to MATSAin an earn-in joint venture agreement. Avrupa focuses its projectgeneration work in politically stable and prospective regions ofEurope, presently including Portugal and Kosovo. The Companycontinues 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
This news release was prepared byCompany management, who take full responsibility for its content. Paul W. Kuhn, President and CEO of Avrupa Minerals, a LicensedProfessional Geologist and a Registered Member of the Society ofMining Engineers, is a Qualified Person as defined by NationalInstrument 43-101 of the Canadian Securities Administrators. He hasreviewed the technical disclosure in this release. Mr. Kuhn, the QP,has not only reviewed, but prepared and supervised the preparation orapproval of the scientific and technical content in the newsrelease.
Information about the Lousal Minecomes directly from published academic documents prepared by thegeological survey of Portugal (LNEG), theses from the University ofLisbon, private company documents authored by mine geologists employedat one time by the Lousal Mine, and copies of original mine records. The information is considered accurate, but NOT compliant topresent-day NI 43-101 regulations and standards.
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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