Avrupa Minerals Submits Hallaperä Exploration License Application, Pyhäsalmi Copper-Zinc VMS District in Finland
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NR 14 - 2022
Avrupa Minerals Submits Hallaperä Exploration License Application,
Pyhäsalmi Copper-Zinc VMS District in Finland
Vancouver, B.C. – October 24, 2022 – Avrupa Minerals Ltd. ( TSXV:AVU) reports
the submission of a third exploration license application in the Pyhäsalmi Mining District
in central Finland.
The Hallaperä exploration license application is located near the town of Kiuruvesi,
about 20 kilometers east of the Pyhäsalmi Mine and processing plant. The application
area covers known copper and zinc sulfide mineralization discovered by Outokumpu Oy
in 1967, and partially outlined by drilling of 42 holes during the period 1967 to 1990.
The known mineralization extends for more than 1, 000 meters, and is open at depth
below 150 meters.
Figures 1 and 2. Location of the new Hallaperä exploration license application in the Pyhäsalmi District.
Paul W. Kuhn, President and CEO of Avrupa noted, “The Hallaperä license application
is the Company’s third in the Pyhäsalmi district. It covers known copper -zinc sulfide
mineralization open at depth. It is well -worth noting that prospective lands in the
general area of the Hallaperä application are held by a major mining company who may
now be a direct competitor to AVU, but is also potentially a joint venture partner , as we
continue exploration in the area.”
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Figure 3. Map illustrating the application boundaries, the outline of the deposit , its immediate volcano-
sedimentary host rocks, and previous drilling. The application area is actually the former mining
concession granted to Outokumpu Oy. The permit area is bound to the south by the highway between
Pyhäsalmi and Kiuruvesi.
The main Hallaperä massive sulfide body was outlined in 1967 by 21 drill holes in the
initial phase of drilling over a total strike length of 1,150 m eters. It is a plate- like body
with an average thickness of 3 meters, up a maximum width of 18 meters. The strike is
in a NNW-SSE direction, with a dip of 60- 70 degrees to the SW. A smaller extension
continues across the highway to the SSE over an additional length of 650 meters. The
sulfide body was further outlined by subsequent drilling of another 2 1 holes drilled
between 1967 and 1990, and remains open at depth.
Mineralization includes both semi-massive sul fide and breccia- type characteristics,
surrounded by disseminated sulfides. There is no apparent visible zonation. The
highest metal grades are associated with breccia- type mineralization, which contains
rounded fragments of silica in a matrix of sul fides. Pyrrhotite and pyrite are the
dominant ore minerals, with chalcopyrite a minor constituent. In places, sphalerite and
magnetite are also abundant.
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In 1971, Outokum pu produced an internal (non- compliant to NI 43 -101 requirements)
resource calculation for the Hallaperä deposit, using the cross -sectional method. The
reported total estimate was 3.1 Mt @ 0.47% copper and 0.98% zinc, with no
calculations for lead, silver, and gold.
Note: Historic resource calculations provided in Outokumpu Oy internal reports were not prepared to standards of NI
43-101 reporting. While there is no reason, one way or the other, to dispute these historic reports, Avrupa Minerals
does not and will not rely on the accuracy of this information to make further exploration plans and/or decisions. The
information is presented merely to indicate that massive sulfide mineralization i s present, and was discovered in
certain, identifiable rock units at Hallaperä. The deposit has not been mined.
At present, the Company is compiling and evaluating historic drill hole information in
order to build a mineralization model to support further exploration. Historic, shallow -
penetrating ground EM geophysics outlined close- to-surface mineralization, and follow -
up drilling defined mineralization to a depth of just 150 meters. Samples were
systematically analysed for only copper, zinc, iron , and sulfur. Clearly, with new
geochemical and geophysical exploration, followed by drilling, there is room for further
expansion of the Hallaperä mineral lens , particularly at depth, but possibly along strike,
as well.
Further information concerning both the permitting and exploration processes will be
presented, as progress is made in both tasks.
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, presently optioned to Sandfire MATSA in an earn- in joint venture
agreement. The Company now holds one 100% -owned exploration license covering
the Slivova gold prospect in Kosovo, and is actively advancing four prospects in central
Finland through the recently -announced acquisition of 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.
For additional information, contact Avrupa 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 tec hnical 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.
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