Avrupa retains 100% of Alvito Project
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TSX-V: AVU
US DTC: AVPMF
FRANKFURT: 8AM
410 – 325 Howe Street, Vancouver, BC Canada V6C 1Z7 T: (604) 687-3520 F: (888) 889-4874
October 10, 2018 NR 10 - 2018
Avrupa retains 100% of Alvito Project
Avrupa Minerals Ltd. (AVU:TSXV ) announces that upon the completion of the recent
Alvito drilling program, Avrupa will retain 100% of the Alvito IOCG project in Portugal, as
the partner has declined to earn its potential interest in the project.
Alvito Project Plans
With the completion of the summer drill program and subsequent detailed analysis,
Avrupa defined a 20 -square kilometer area for further priority follow-up based on
anomalous copper results from the drill ing program, as shown below . The partner
declined to earn its potential interest in the project , and Avrupa will retain 100% of the
Alvito IOCG Project . With the work completed, the Company will keep the project in
good standing through 2019.
Avrupa intersected reportable anomalous copper results in eight out of 18 drill holes.
The best overall consistent results came from the Entre Matinhas target area where
copper values in six o f eight holes came in at 0.1% and greater over intervals of 1.5
meters to 86 meters. The highest grade-intervals included (see further detail in
Avrupa’s news release NR 09-2018 issued on September 25, 2018):
86.3 meters @ 0.16% copper, including 9.8 met ers @ 0.41% copper, in
EMS001
21.4 meters @ 0.1% copper in EMS002
2.55 meters @ 0.91% copper in EMS003
44.65 meters @ 0.21% copper, including 7.1 meters @ 1.0% in EMS005
5.25 meters @ 0.31% copper in EMS006
4.45 meters @ 0.46% copper in EMS008
Anomalous intervals in other target areas include:
4.7 meters @ 0.13% copper in EAM001
7.8 meters @ 0.11% copper in EAM002
10 meters @ 0.11% copper in OUT001
Avrupa retains 100% interest in the project and is now free to advance the project with
further drilling next summer, or establish a new option agreement with another partner.
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Alvalade VMS Potential Partner update
The potential option partner announced on March 5, 2018 for Avrupa’s Alv alade VMS
project is continuing to complete its due diligence , and both parties are moving forward
on the transaction , despite the formal expiry of the Letter of Intent. There can be no
assurance that this Option/JV agreement will be completed, and as such, Avrupa is
considering other options for the project which will be announced shortly.
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, i ncluding Portugal,
Kosovo, and Germany.
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 onl y
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.