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Avrupa Minerals kicks off drilling at its Alvito project in South Portugal

Last updated: 10:21 03 May 2018 EDT, First published: 05:21 03 May 2018 EDT

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The Company currently holds 8 exploration licences in 3 European countries, including 5 in Portugal, 2 in Kosovo and 1 in Germany

Avrupa Minerals Ltd (CVE:AVU) has kicked off drilling at its Alvito project in South Portugal.

In a statement, the company said it has completed ground magnetics and gravity geophysical surveys, geological mapping, rock chip sampling, and drill targeting.

READ: Avrupa Minerals brings in C$550,000 after closing placing

Exploration work on the project is funded by OZ Minerals, which is spending A$1mln on exploration to earn-in to 51% of the 300-square kilometer project. 

Avrupa and OZ geologists consider the targets to potentially fit into the exploration model for iron oxide (magnetite) copper gold (IOCG) deposits.

The proposed drill project has now been increased to 15 holes and approximately 2,100 meters at seven separate target areas.

Drilling will start in the Entre Matinhas target area, and continue in the Manisela, Mata, Outeiro, Entre as Matas, Cova das Minas, Ribeira, and Vale Nogueira areas.

The programme is expected to continue for 1-½ to 2 months, with results anticipated by the end of the second quarter 2018.

Paul W.Kuhn, president and CEO said: “We are certainly ready and excited for the start-up of the drilling programme after a year of exploration around the licence. 

“Our partner OZ Minerals has continued to provide funding and technical support for the programme, and we are looking forward to seeing the results of this first truly systematic exploration programme in the Alvito Project area.”

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