19:57:47 EST Sun 08 Feb 2026
Enter Symbol
or Name
USA
CA



Avrupa Minerals Ltd
Symbol AVU
Shares Issued 93,793,797
Close 2018-10-10 C$ 0.04
Market Cap C$ 3,751,752
Recent Sedar+ Documents

Avrupa partner declines to earn interest in Alvito

2018-10-10 13:26 ET - News Release

Mr. Paul Kuhn reports

AVRUPA MINERALS RETAINS 100% OF ALVITO PROJECT

Upon the completion of the recent Alvito drilling program, Avrupa Minerals Ltd. will retain 100 per cent of the Alvito iron-oxide-copper-gold project in Portugal, as the partner has declined to earn its potential interest in the project.

Alvito project plans

With the completion of the summer drill program and subsequent detailed analysis, Avrupa defined a 20-square-kilometre area for further priority follow-up based on anomalous copper results from the drilling program, as provided herein. The partner declined to earn its potential interest in the project. As a result, Avrupa will retain 100 per cent of the Alvito iron-oxide-copper-gold project. With the work completed, the company will keep the project in good standing through 2019.

Avrupa intersected reportable anomalous copper results in eight out of 18 drill holes. The best overall consistent results came from the Entre Matinhas target area, where copper values in six of eight holes came in at 0.1 per cent and greater over intervals of 1.5 metres to 86 metres. The highest-grade intervals included (please see further details in Avrupa's news release dated Sept. 25, 2018):

  • 86.3 metres of 0.16 per cent copper, including 9.8 metres of 0.41 per cent copper, in EMS001;
  • 21.4 metres of 0.1 per cent copper in EMS002;
  • 2.55 metres of 0.91 per cent copper in EMS003;
  • 44.65 metres of 0.21 per cent copper, including 7.1 metres of 1 per cent copper, in EMS005;
  • 5.25 metres of 0.31 per cent copper in EMS006;
  • 4.45 metres of 0.46 per cent copper in EMS008.

Anomalous intervals in other target areas include:

  • 4.7 metres of 0.13 per cent copper in EAM001;
  • 7.8 metres of 0.11 per cent copper in EAM002;
  • 10 metres of 0.11 per cent copper in OUT001.

Avrupa is now free to advance the project with further drilling next summer, or establish a new option agreement with another partner.

Alvalade volcanogenic massive sulphide potential partner update

The potential option partner announced on March 5, 2018, for Avrupa's Alvalade VMS project is continuing to complete its due diligence and both parties are moving forward on the transaction, despite the formal expiry of the letter of intent. There can be no assurance that this option/joint venture agreement will be completed and, as such, Avrupa is considering other options for the project, which will be announced shortly.

About Avrupa Minerals Ltd.

Avrupa Minerals 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.

This news release was prepared by company management, which takes full responsibility for its content. Paul Kuhn, president and chief executive officer of Avrupa Minerals, licensed professional geologist, 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. Mr. Kuhn has not only reviewed, but prepared and supervised the preparation or approval of the scientific and technical content in the news release.

© 2026 Canjex Publishing Ltd. All rights reserved.