Avrupa Continues to Intersect Gold at Slivovo
- 12 meters @ 12.2 g/t Au, including 7.4 meters @ 19.3 g/t Au in SLV005 - 10.8 meters @ 1.25 g/t Au and 3.4 meters @ 3.12 g/t Au in SLV006
(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 01/27/15 -- Avrupa Minerals Ltd. (TSX VENTURE: AVU)(FRANKFURT: 8AM) is pleased to report results for holes SLV 005 and SLV006 at the Slivovo prospect in Kosovo. The project is operated by Avrupa, and funded by partner, Byrnecut International Ltd. (BIL).
Avrupa geologists collared holes SLV005 and SLV006 at the same spot, located approximately 110 meters east of previously reported SLV004. SLV005 was designed to test the true thickness of gold mineralization at a point located approximately 100 meters east (and down dip) of the SLV004 collar location. SLV006 was designed to test the potential for gold mineralization further to the east (and down dip) of SLV005.
To view Figure 1 please click on the following link:
Results from SLV005 include a 12-meter intercept of 12.2 g/t gold and 8.02 g/t silver at a depth of 27.40 to 39.40 meters. This includes a 7.4-meter intercept of 19.3 g/t gold and 9.32 g/t silver over the interval 32.00 to 39.40 meters. Visible gold is present in a number of spots through the 7.4-meter interval. Gold mineralization occurs in a zone of semi-massive sulfidic rock with strong, pervasive quartz-adularia alteration, typically associated with low temperature, epithermal precious metal deposits. Sulfides and alteration appear to have replaced fine to medium-grained limey sandstone rocks.
Results from SLV006 show several intercepts of lower level gold mineralization in stockwork-veined, semi massive sulfidic rocks that appear to have less quartz-adularia alteration, but perhaps stronger clay alteration than noted in SLV005. The intercepts include 10.8 meters (at) 1.25 g/t gold and 15.1 g/t silver from 74.9 to 85.7 meters and 3.4 meters of 3.12 g/t gold and 20.8 g/t silver over the interval 90.5 to 93.9 meters.
The following schematic section illustrates the present thinking about mineralization in the Pester gossan zone:
To view Figure 2 please click on the following link:
To date, Avrupa has drilled eight holes, totaling about 1,000 meters in the first phase of the program. The drill program has been temporarily suspended due to winter weather, and it is expected that the drilling will re-commence towards the end of March. The next holes are planned in the epithermal target area, which will allow time to construct access to further drill sites in the gossan zone.
Paul W. Kuhn, President and CEO of Avrupa Minerals, commented, "We continue to be extremely pleased with the results at Slivovo, particularly those from SLV005. We have determined that the probable true thickness of the Slivovo gold mineralization is at least 12 meters, at a distance of approximately 100 meters down the dip of the host sulfide block. Surface outcrops of mineralization suggest that the true thickness may reach to over 20 meters, up dip, closer to the surface. While gold results in SLV006 were not as outstanding as those of SLV004 and SLV005, we have shown that the mineralization continues down dip, and that there is plenty of room for further drilling, both along width and at depth. In the meantime, we have further sampling to complete on holes SLV007 and SLV008, drilled in the sandstone gossan area, and a total review of this past fall's work. Each drill hole has added to our knowledge of the project and, at the same time, has upgraded our evolving model. We are certainly excited about the potential of the project, and have full support of our partner, Byrnecut International."
Notes on analytical methods and quality control. All samples were sent to the ALS Minerals sample preparation facility at Rosia Montana, Romania. ALS performed the gold analyses at Rosia Montana, using their standard Au-AA23 fire assay-atomic absorption spectroscopy (AAS) method on a 30-gram prepared sample. For the standard ME-MS61 multi-element analyses, ALS shipped prepped material to their main European analytical laboratory located in Loughrea, Ireland, where all other metals' results were obtained using a four-acid digestion, followed by ICP-AES analysis for near-total results in all metals In addition to ALS Chemex quality assurance/quality control (QA/QC) of all work orders, the Joint Venture conducted its own normal, internal QAQC from results generated by the systematic inclusion of certified reference materials, blank samples and field duplicate samples. The analytical results from the quality control samples in the SLV005 and SLV006 work orders have been evaluated, and conform to industry best practice standards.
Arrangement with Byrnecut International Limited. Under the Earn-In Agreement with BIL, Avrupa is the project operator, and BIL has the following participation options:
Byrnecut International Limited is an Australian company engaged in mechanised underground mine feasibility, mine development, and mine production. This includes shaft sinking, shotcreting, raise-boring, the provision of high quality equipment rebuilds, maintenance engineering, labor hire and training for the mining industry, as well as mine engineering consultancy services. Principal customers include first world mine owners across the globe.
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 10 exploration licenses in three European countries, including seven in Portugal covering 3,981 km2, two in Kosovo covering 38 km2, and one in Germany covering 307 km2. Avrupa operates three joint ventures and one exploration alliance in Portugal and Kosovo, including:
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. Mr. Kuhn, the QP, has not only reviewed, but prepared and supervised the preparation or approval the scientific and technical content in the news 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.
Contacts:
Avrupa Minerals Ltd.
Paul W. Kuhn
President & Director
1-604-687-3520
1-888-889-4874 (FAX)
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Datum: 27.01.2015 - 14:15 Uhr
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News-ID 367153
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Mining & Metals
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