Avrupa Adds to its Portfolio of VMS Exploration Projects in Finland
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TSX-V: AVU
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NR 07 - 2025
Avrupa Adds to its Portfolio of VMS Exploration Projects in Finland
Vancouver, BC, August 20, 2025 – Avrupa Minerals Ltd. (TSX-V: AVU) is pleased to
announce that its joint venture company in Finland, Akkerman Finland Oy (“AFOy”), has
acquired a second exploration permit located adjacent to the Pyhäsalmi Mine , this one
being on the south side of the mine license, and within sight of the mine’s headframe .
AFOy is a partnership between Avrupa and Akkerman Exploration bv (“AEbv”) of The
Netherlands. AFOy now holds an exploration portfolio consisting of six copper -zinc
exploration permits in the Pyhäsalmi Mining District and one gold explora tion permit in
the Oijärvi Greenstone Belt.
Figure 1. AFOy properties in the Vihanti-Pyhäsalmi Mining District, Central Finland. Total geological
resource at Pyhäsalmi Mine reported in 2015 as 75.7mt @ 0.9% Cu, 1.9% Zn, 0.4 g/t Au, and 14.1
g/t Ag. Total production at Vihanti Mine (1954-1992) reported as 28mt @ 5.12% Zn, 0.48% Cu,
0.36% Pb, 25 ppm Ag, and 0.49 ppm Au.
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The new Lippikylä exploration permit covers 2.4 square kilometers, and is located just
south of the Pyhäsalmi Mine. AFOy acquired the permit from Inmet Finland Oy (“IFO”),
a 100%-owned subsidiary of First Quantum Minerals (“FQM”) and parent company of
Pyhäsalmi Mine Oy (“PMO”). The agreement allows for AFOy to undertake generative
exploration work within the permit boundaries, and if successful, potentially turn to PMO
for partnering at later stages of exploration and development of a new mineral body. The
initial cost to AFOy was nominal.
This purchase forms part of a continuing collaboration between AFOy and the Pyhäsalmi
Mine covering ongoing exploration around the 75mt Pyhäsalmi zinc -copper massive
sulfide deposit, mined from 1962 to 2022, producing more than 60mt of zinc and copper
ore (as of 2017) . AFOy is directing exploration towards potential extension (s) of the
historic Pyhäsalmi mineralization and possible satellite deposits.
Figure 2. Outline of AFOy exploration permits adjacent to the Pyhäsalmi Mine.
IFO acquired the license in Q4 2024, ostensibly to follow-up untested gravity anomalies
discovered during an extensive internal review of all historic exploration data by company
geologists. IFO tested one of the gravity anomalies during Q1 2025 with a single 500 -
meter drill hole. The drill hole cut two mineralized horizons of intensely altered felsic
volcanics with anomalous zinc and copper content in an area which had been previously
believed to contain sterile mafic volcanics that overlie the Pyhäsalmi deposit. The source
of the gravity anomaly remains unclear , and the results point to increased possibility for
a blind satellite deposit(s) in the Lippikylä area.
Managing Director of AFOy, Jan Akkerman, is currently onsite at the Pyhäsalmi Mine
reviewing core and data related to historic work in the new Lippikylä permit area and in
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the recently -acquired Lehto permit area (see AVU news release January 27, 2025:
Avrupa acquires Lehto exploration permit, Finland). After consolidation and review of the
historic data, AFOy will plan for follow-up drilling on both permits. Details of program will
be based on consideration of the data, drill core observations, discussions with PMO, and
overall internal AFOy interpretations.
Paul W. Kuhn, President and CEO of Avrupa Minerals, commented, “We have assembled
an attractive land position in the Vihanti -Pyhäsalmi District, particularly close -in to the
Pyhäsalmi Mine. We have massive sulfide mineralization and/or drill targets on all of
these permits. During the coming months, we expect to prioritize certain of these projects
for first -pass drilling, and others for further geological/geophysical enhancement to
upgrade potential drill targets. At this point in the Avrupa project gen eration business
cycle, we are stepping up our efforts to attract a potential JV partner to join us in moving
the projects forward. We have high quality copper and zinc targets in a long-lived mining
district, and expect to be able to significantly upgrade these targets with new partner
involvement at this stage.”
On a further note, Avrupa recently initiated a n internally-generated company-awareness
campaign on the social media platforms at LinkedIn and Twitter/X. The Company will
periodically post already-publicly-disclosed information about projects, our business
model, progress with applications, JV partners, and other noteworthy AVU topics. We
monitor both platforms and will attempt to answer pertinent questions about the Company.
For direct communications with management, we encourage shareholders, investors, and
those interested in learning more about AVU to contact us at [email protected].
Avrupa Minerals Ltd. is a growth-oriented junior exploration and development company
directed to discovery of mineral deposits, using a hybrid project generator business
model. The Company holds one 100%-owned license in Portugal, the Alvalade VMS
Project, and has submitted an application for a mining license covering the Sesmarias
massive sulfide showing within the Project area . The Company holds one 49%-owned
exploration license covering the Slivova Gold Project in Kosovo, optioned to Western
Tethyan Resources, and is acti vely advancing six copper-zinc prospects and one gold
prospect in central Finland through its partnership with Akkerman Exploration bv in the
Finnish exploration company, Akkerman Finland Oy. Avrupa focuses its project
generation work in politically stable and prospective regions of Europe, presently
including Portugal, Finland, and Kosovo. The Company continues to seek and develop
other opportunities around Europe , and is actively looking for new JV partnerships in
Finland and Portugal.
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For additional information, contact Avrup a Minerals Ltd. at 1 -604-687-3520 or visit our
website at www.avrupaminerals.com.
On behalf of the Board,
“Paul W. Kuhn”
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 and approved the scientific and technical disclosure in this release.
Information concerning the historic mine production at the Vihanti and Pyhäsalmi Mines was collected from publicly -
available sources, including “Mineral Deposits of Finland”, 2015, pp, 507 -530 and a presentation made by Pyhäsalmi
Mine Oy in 2018, “Pyhäsalmi Area Presentation – Pyhäsalmi-Vihanti VMS Camp”. QP has not been able to verify the
information, but believes that the information provided by the owners of Pyhäsalmi Mine Oy, First Quantum Minerals,
is accurate and properly reports historic mine information.
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.