Avrupa Outlines 2014 Activities
05 Febrero 2014 - 8:00AM
Marketwired
Avrupa Outlines 2014 Activities
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 5, 2014) -
Avrupa Minerals Ltd. (TSX-VENTURE:AVU)(FRANKFURT:8AM) is pleased to
provide this shareholder update of its plans and activities for
2014. Paul Kuhn, President and CEO, has outlined the following key
strategies and activities for 2014 to advance the European mineral
projects and to work towards increasing the value of the
Company:
- Maintain multiple exploration programs and an active generative
exploration pipeline on its projects in Europe - currently several
projects are advancing with four partners.
- Maintain low overhead costs and minimize dilution for
shareholders, so upon success they are well rewarded.
- Continue to look for world class deposits in historic mining
districts in Europe and the general Mediterranean Basin.
Achievements in
2013
During 2013 Avrupa advanced its projects and received funding in
several ways:
- We completed two successful drill programs at the Alvalade
copper project.
- We completed one successful drill program at the Covas tungsten
project.
- We found a new partner to advance the Slivovo gold and base
metals project in Kosovo.
- We partnered with a royalty company that is actively helping to
advance several of our projects in Portugal. That company also
invested $350,000 directly into Avrupa.
- We completed a financing for $600,000.
- We acquired one new project in the Iberian Pyrite Belt (IPB) of
Portugal, and also applied for two others in the same highly
prospective belt.
- Two new people were appointed to the Board of Directors.
- We maintained proactive investor relations with contact at
conferences in North America and Europe and issued regular
corporate updates.
- Several analysts provided updates on the Company.
Plans for
2014
The Company is already moving ahead with its first drill program
of 2014, which started in January on the Alvalade Project in the
IPB of Portugal. Additional plans for 2014 include:
- Analyze the generative project in Germany for gold and tin and
prepare for potential joint venture.
- Continue to analyze results of the drilling at the Alvalade
copper project in south Portugal, and continue with additional
drilling on the project, if results continue to be positive.
- Begin an active exploration program in Kosovo on Slivovo.
- Continue to expand the tungsten mineral occurrence at Covas in
north Portugal.
- Add new projects in new areas to the exploration pipeline, and
drop projects that do not meet joint venture criteria, depending on
technical results.
- Advance existing and new projects in Portugal with initial
funding provided by our royalty partner so that JV partners can be
found to further advance the projects.
- Find a partner, or partners, for our southern Portugal
projects, particularly the Marateca copper-zinc project in the IPB
and the Alvito iron oxide-copper-gold project in the adjacent Ossa
Morena Zone.
- Continue to maintain low overhead costs and minimize
shareholder dilution.
The Company has also placed links on its website
(www.avrupaminerals.com) to a number of new interviews with Mr.
Kuhn. The interviews cover a wide range of topics related to
progress at the corporate and financial level, as well as
advancement of the Company's exploration programs in Europe.
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 15 exploration licenses in three
European countries, including nine in Portugal covering 2,980 km2,
five in Kosovo covering 153 km2, and one in Germany covering 307
km2. Avrupa operates three joint ventures in Portugal,
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; and
- The Arga JV, also with Blackheath Resources, covering one
license located adjacent to the Covas JV, 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.
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.
Avrupa Minerals Ltd.1-604-687-3520(888)
889-4874www.avrupaminerals.com
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