Mr. Paul Kuhn reports

AVRUPA MINERALS REVIEWS PROGRESS AND PLANS FOR 2026

Avrupa Minerals Ltd. has reviewed company portfolio progress during 2025 and has provided near-term outlook for exploration programs for 2026.

Highlights for 2025 -- Finland

During 2025, the company, through its partnership entity in Finland, Akkerman Finland Oy, advanced its volcanogenic massive sulphide exploration program in the Pyhasalmi mining district in central Finland by acquiring the Lippikyla exploration permit from First Quantum Minerals. The permit is located immediately adjacent to the Pyhasalmi mine licence, less than two kilometres from the headframe, covering the potential south extension of the known mineral horizon at the mine. This purchase goes along with the greater Lehto exploration permit acquired in late 2024 from Pyhasalmi Mine Oy, which covers the presumed eastern extension of the mine horizon close to the mine. The two property acquisitions included all available historic data related to the exploration permits. Review of the data, along with discussion between AFOy and FQM/PMO, suggests at least five drill-ready targets: two on the Lehto property and three on the Lippikyla permit.

In addition to the Lippikyla acquisition, the company, through the AFOy partnership, acquired the KKS exploration reservation, covering three VMS prospects located 20 to 30 kilometres north-northwest of the Pyhasalmi mine.

Outokumpu discovered mineralization at the Kurpas location in the early 1960s and worked the prospect intermittently through the end of the 1980s. Limited drilling to a 150-metre depth outlined several lenses of massive sulphide mineralization along a strike length of 700 metres of strongly altered, typical volcanosedimentary host rocks. No further work is known since that time.

Outokumpu discovered mineralization at the Kaskela site beneath an airborne electromagnetic anomaly in 1985. It discovered two massive sulphide lenses, along a strike length of 1.2 kilometres within a five-kilometre strike length of potentially mineralized volcanosedimentary host rocks. Limited drilling to a vertical depth of 100 metres outlined the zones of mineralization. Outokumpu returned several times in the early 1990s before dropping the prospect. Belvedere Resources claimed the area in 2000 and worked intermittently between 2000 and 2002 before leaving the area. No further work is known since that time.

The Finnish Geological Survey discovered the Sirvio prospect in 1957. Outokumpu took over the area and worked it in the 1960s, 1970s and mid-1990s, utilizing limited geophysics, base-of-till sampling and shallow drilling to outline low-grade, sporadic mineralization within a 600-metre corridor along a 2.5-kilometre strike length to a depth of less than 100 metres. No further work is known since that time.

Portugal

In June, as required by Portuguese mining law, Avrupa applied for a mining licence covering the Sesmarias copper/zinc VMS deposit. The company is concentrating on engaging a mining partner to move the program forward, and will continue to work toward a suitable partnering arrangement in the upcoming months.

Kosovo

The Slivova gold project is operated by partner Western Tethyan Resources, which has earned in to 51 per cent of the project. Work at Slivova is currently on hold until the exploration licence can be reissued by the Kosovo Mining Bureau (ICMM). With a new, majority government recently elected in the country, the company expects a return to proper licensing activity by ICMM in the near future. Once the licence is reissued, the company will work with partner WTR to resume normal exploration and development activity at Slivova.

Plans for 2006 -- Finland

AFOy now holds eight permits covering seven VMS target areas within 40 km of the Pyhasalmi mine complex and one permit covering a gold prospect in the Oijarvi greenstone belt, located 40 to 50 km south of Goldsky Resources (formerly First Nordic Metals)' Kylmakangas gold deposit.

The premise for exploration in the Pyhasalmi district is to discover copper-zinc ore within trucking distance of the Pyhasalmi mine complex to feed the on-site mill and flotation facilities. The plant is currently operational. Avrupa is seeking a partner for this brownfield exploration program which highlights numerous permits covering already-known VMS mineralization close to an operating concentrator, thus significantly reducing infrastructure risks.

The company expects to initiate work first at Lippikyla and greater Lehto once a partner has been identified and signed up to advance the portfolio of projects.

Avrupa is a growth-oriented junior exploration and development company directed to the discovery of valuable mineral deposits, using a hybrid project generator business model. Avrupa is actively advancing seven copper-zinc VMS targets and one orogenic gold prospect in central Finland through its partnership with Akkerman Exploration BV in the Finnish exploration company Akkerman Finland Oy. Avrupa holds one 100-per-cent-owned project in Portugal, the Alvalade VMS project, and has submitted an application for a mining licence covering the Sesmarias Cu/Zn massive sulphide showing within the project area. The company holds one 49-per-cent-owned exploration licence covering the Slivova gold project in Kosovo, optioned to Western Tethyan Resources. Avrupa continues to focus its project generation work in politically stable and prospective regions of Europe, and looks to develop new opportunities around the general Mediterranean basin. The company is actively seeking new joint venture partnerships for its projects in Finland and Portugal.

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