- Drilling continues to expand and upgrade polymetallic, massive sulfide mineralization at the Sesmarias Copper-Zinc Prospect within the Alvalade Project
- The program is a joint venture between Avrupa Minerals and Minas de Aguas Teñidas, S.A. (MATSA)
- To date, the company has completed 11 diamond drill holes totalling 5,862 meters
- Avrupa has intersected massive sulphide mineralization over 350 meters in strike length to the southeast from previously reported intersections in SES21-033 and 036
- Minas de Aguas Teñidas, S.A. (MATSA) is a private Spanish mining company
- Avrupa Minerals Ltd. is a growth-oriented junior exploration and development company
Avrupa Minerals (AVU) reports that drilling continues at the Sesmarias Copper-Zinc Prospect.
The program is a joint venture between Avrupa Minerals and Minas de Aguas Teñidas, S.A. (MATSA) and is operated by Avrupa through the JV entity PorMining Lda.
To date, the company has completed 11 diamond drill holes totalling 5,862 meters and is drilling a 12th hole testing potential massive sulphide mineralization on Section 0350S.
Paul W. Kuhn, President and CEO of Avrupa Minerals, commented,
“With continued drilling in the SES North sector, we have now intersected significant massive sulphide mineralization over 350 meters in strike length to the southeast from previously-reported intersections in SES21-033 and 036. The SES21-039 intercept is the longest to date and shows improving copper, zinc, and gold grades, as we move south along the strike of massive sulphide mineralization originally discovered in SES008.
The SES21-040 intercept contains the best copper results, to date, with 11 meters of 1.05% copper within a longer interval of polymetallic mineralization. As we move south towards the SES Central (Discovery) sector, we look forward to the potential of continued improvement of grades.”
To date, the company completed ten drill holes in the SES North sector during this phase of drilling (SES20-031 through SES21-040), and one further hole in the SES Central sector (SES21-041), totalling 5,862 meters.
The continuing work program is fully funded by Minas de Aguas Teñidas, S.A. (MATSA). MATSA can initially earn a 51 per cent interest in the Alvalade Experimental Exploitation License property by completing funding requirements set out in the joint venture agreement between the companies. MATSA may then increase their interest in the Project to 85 per cent by preparing a bankable feasibility study.
Minas de Aguas Teñidas, S.A. (MATSA) is a private Spanish mining company, that owns and operates three mines in the province of Huelva, Aguas Teñidas, Magdalena, and Sotiel.
Avrupa Minerals Ltd. is a growth-oriented junior exploration and development company.