Avrupa Minerals Reports 2024 Drilling Results and Announces Recovery of 100% of the Sesmarias Cu-Zn VMS Project
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TSX-V: AVU
US OTC: AVPMF
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410 – 325 Howe Street, Vancouver, BC Canada V6C 1Z7 T: (604) 687-3520 F: (888) 889-4874
February 28, 2025 NR 02 - 2025
Avrupa Minerals Reports 2024 Drilling Results and Announces
Recovery of 100% of the Sesmarias Cu-Zn VMS Project
Avrupa Minerals Ltd. (TSXV: AVU) is pleased to report on the 2024 drilling program at
the Sesmarias copper-zinc massive sulfide deposit in the Pyrite Belt of South Portugal.
The drilling program at Sesmarias has been a part of the joint venture between Avrupa
Minerals and Sandfire Mineira Portugal, Unipessoal L da. (“Sandfire Portugal”), a 100%-
owned subsidiary of Minas de Aguas Teñidas, S.A. (“Sandfire MATSA”) . Avrupa has
operated the project through the JV entity PorMining Lda., and Sandfire Portugal has
funded the exploration work since startup in 2020.
During the recent phase of drilling at Sesmarias, the Company completed eight diamond
drill holes in the extended central zone at Sesmarias, totaling 4,828.4 meters.
Figure 1. Location of 2024 drilling in the SES Central area.
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Results from the drilling included one excellent high -grade intercept in SES24 -054,
crossing the targeted hinge zone at a depth of around 400 meters, two moderate-grade
intercepts in SES24-053 and SES24 -055 that passed over the hinge zone and cut into
the west limb of the Sesmarias synform, and another moderate-grade intercept in SES24-
059 that passed through the east limb of the synform and into the hinge zone. SES24 -
057 passed under the hinge zone through weak stockwork sulfide mineralization. Both
SES24-058 and SES24-060 passed close under the synform through weak to moderate
stockwork and replacement sulfide mineralization, but neither hole was sampled. Finally,
SES24-056/056A passed well under the hinge zone and was not mineralized. Highlights
of the results follow . Note that results for SES24 -053 and SES24 -054 were published
previously (NR -- September 19, 2024).
SES24-053: 9.15 m @ 0.40% Cu; 6.11% Pb+Zn; 0.23 g/t Au; and 50.50 g/t Ag.
SES24-054: 28.60 m @ 1.68% Cu; 7.17% Pb+Zn; 0.22 g/t Au; and 73.90 g/t Ag.
SES24-055: 21.60 m @ 0.55% Cu; 1.23% Pb+Zn; 0.56 g/t Au; and 18.55 G/t Ag.
SES24-056/056A: no significant intercepts.
SES24-057: 34.05 m @ 0.11% Cu; 0.26% Pb+Zn; 0.11 g/t Au; 1.68 g/t Ag.
SES24-058: 21.90 m of weak stockwork/replacement mineralization; no samples.
SES24-059: 141.00 m @ 0.31% Cu; 1.97% Pb+Zn; 0.45 g/t Au; 19.74 g/t Ag.
SES24-060: 16.00 m of weak stockwork/replacement mineralization; no samples.
Table 1. Mineral intercept results from 2024 drilling at Sesmarias.
From To Intercept
(m) (m) (m)
SES24-053 439.70 452.85 13.15 0.31 1.57 3.00 4.57 0.18 38.40
Incl. 439.70 448.85 9.15 0.40 2.09 4.02 6.11 0.23 50.50
SES24-054 377.20 418.40 41.20 1.59 1.71 3.36 5.07 0.21 54.90
Incl. 377.20 405.80 28.60 1.68 2.42 4.75 7.17 0.22 73.90
Incl. 385.80 393.80 8.00 1.90 4.98 9.78 14.76 0.10 131.30
And Incl. 402.80 405.80 3.00 0.39 5.10 9.45 14.55 0.42 94.77
And Incl. 405.80 412.40 6.60 2.19 0.17 0.35 0.52 0.30 20.32
SES24-055 502.40 524.00 21.60 0.55 0.60 0.63 1.23 0.56 18.55
Incl. 508.40 515.40 7.00 0.68 0.45 0.51 0.96 0.53 16.06
SES24-056/056A
SES24-057 498.80 532.85 34.05 0.11 0.06 0.20 0.26 0.11 1.68
SES24-058 372.30 394.20 21.90
SES24-059 392.00 533.00 141.00 0.31 0.55 1.42 1.97 0.45 19.74
Zone 1 392.00 420.00 28.00 0.38 0.87 2.69 3.56 0.70 29.50
incl. 394.00 415.00 21.00 0.41 1.06 3.23 4.29 0.82 34.57
and incl. 407.00 415.00 8.00 0.34 1.46 4.77 6.23 0.96 34.99
Zone 2 436.30 487.50 51.20 0.42 0.73 1.68 2.41 0.63 26.29
Highest copper zone 442.00 450.00 8.00 0.79 0.70 1.86 2.56 0.41 28.04
Highest polymetallic zone 458.00 467.00 9.00 0.55 1.37 3.29 4.66 0.85 44.20
Zone 3 495.00 500.00 5.00 0.30 0.20 0.68 0.88 0.29 9.62
Zone 4 505.00 524.20 19.20 0.33 0.53 1.23 1.76 0.26 15.26
Highest copper zone 510.00 519.00 9.00 0.45 0.43 1.39 1.82 0.36 18.81
Zone 5 555.50 564.00 8.50 0.61 0.20 0.45 0.65 0.28 9.65
SES24-060 384.00 402.00 16.00 Weak stkwk and bedded sulfide mineralization
Passed below hinge zone -- Not sampled
No significant intercepts Passed well under hinge zone
2024 Sesmarias DDH Intercepts
Hinge Zone and east limb
Passed below hinge zone -- Not sampled
1st massive sulfide intercept
3rd massive sulfide intercept
2nd massive sulfide intercept
Total sulfide + stkwk intercept
4th massive sulfide intercept
5th massive sulfide intercept
Au (g/t) Ag (g/t)
Weak stkwk and bedded sulfide mineralization
Comments
Passed over hinge zone; cut lower part
of the west limb
Passed over hinge zone; cut lower part
of the west limb
Weak stkwk intercept -- below hinge
Drill hole ID Cu (%) Pb (%) Zn (%) Pb+Zn(%)
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Figure 2. High-grade results from SES24-054 highlight Section 850 S. We drilled SES24-058
too steeply and closely missed the bottom of the hinge zone, based on visual review of the
intensity of alteration and sulfide mineralization in black shale and volcanogenic sediments at
target depth. 1-2 more holes to the south should be considered to extend the high-grade zone.
Figure 3. Section 700 S covers SES23-047, with similar mineralization as seen in SES24 -054.
The intercepts in 047 and 054 suggest a present strike length of more than 150 meters of the
high-grade polymetallic mineralization. A 75 -meter step out to the north should be a next step.
We drilled SES24-060 significantly under the hinge zone, yet still crossed weak stockwork and
replacement sulfide mineralization in altered black shale and volcanogenic sediments.
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Figure 4. Section 450 S shows SES24 -055 crossed well over the hinge zone, but intersected
mineralization in the west limb of the synform. SES24-056/056A crossed under the hinge zone,
but extremely difficult drilling conditions caused the hole to veer steeply away from the target.
Another hole, between 055 and 056/056A should be considered.
Figure 5. Section 350 S suggests that the hinge zone is present, but the grade is not so high.
SES21-40 cut higher c opper values in the lower part of the west limb , while SES24 -057
intersected low copper values slightly below the hinge of the synform. Structural relationships in
this section and in 450 S indicate more structural displacement of the target than expected,
leading to missing the heart of the hinge zone in these two sections.
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Figure 6. Section 275 S shows robust, but medium-grade mineralization, particularly in SES24-
059. At least one more hole should be considered below 059, as shown in this section.
Sandfire Portugal has also notified Avrupa Minerals that it intends to, pending the
necessary approvals, transfer its interests in the project back to Avrupa Minerals.
Sandfire Portugal advised Avrupa that it has formed the view, based on on the exploration
work conducted to date, that the Alvalade Project does not meet Sandfire Portugal ’s
economic and operational interests for further mining development.
The parties have agreed to finalize current work on the project, and subject to necessary
regulatory approvals, the project will be transferred to Avrupa Minerals for a nominal sum,
with the portion of the share capital of the joint venture entity PorMining now held by
Sandfire Portugal transferring to MAEPA Lda., Avrupa’s 100% -owned subsidiary in
Portugal.
Avrupa is also drafting the final annual Alvalade License report and plans to submit it by
the 14th of August 2025. Much of the information compiled in this report will be utilized to
construct a Mining License Application, required by the 14 th of June 2025. Further
information concerning progress on all fronts will be disclosed in a timely manner, as the
commercial documents are completed and signed, and the technical documents are
submitted to the Mining Bureau call the “DGEG” in Portugal.
Paul W. Kuhn, President and CEO of Avrupa Minerals, commented, “While we are
disappointed to see Sandfire vacate the Project, we thank the company and its personnel
for their financial and technical input to the exploration around the Alvalade license, and
especially at our Sesmarias discovery. The joint venture team built a strong, successful
working exploration model and followed it with overall good results. We continue to see
plenty of opportunity directly at Sesmarias and nearby surroundings, and lo ok to the
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retention of 100% of the Project as a new opportunity to continue to build up the project
into a long-term copper-zinc-lead-silver mining solution.”
Avrupa will attend the upcoming PDAC convention, and will have a booth at the Investors’
Center, #2548. We invite investors, shareholders, and potential partners interested in
working with us at Sesmarias to visit the booth.
Avrupa Minerals Ltd. is a growth-oriented junior exploration and development company
directed to discovery of mineral deposits, using a hybrid prospect generator business
model. The Company holds one 100%-owned license in Portugal, the Alvalade VMS
Project. The Company holds one 100%-owned exploration license covering the Slivova
Gold Project in Kosovo, optioned to Western Tethyan Resources, and is actively
advancing six prospects in central Finland through its partnership with Akkerman Finland
Oy. Avrup a 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.
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 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.
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.