Avrupa and Antofagasta Intersect Copper-Rich VMS in Pyrite Belt, Portugal

Avrupa and Antofagasta Intersect Copper-Rich VMS in Pyrite Belt, Portugal 
NEWS RELEASE TRANSMITTED BY Marketwired 
FOR: Avrupa Minerals Ltd. 
TSX VENTURE SYMBOL:  AVU
FRANKFURT SYMBOL:  8AM 
FEBRUARY 27, 2014 
Avrupa and Antofagasta Intersect Copper-Rich VMS in Pyrite Belt, Portugal 
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 27, 2014) - Avrupa Minerals
Ltd. (TSX VENTURE:AVU)(FRANKFURT:8AM) -  
/T/ 
--  First greenfields discovery of massive sulfide mineralization in 20 
years in the Iberian Pyrite Belt 
--  10.85 meters of massive and semi-massive/stockwork sulfide 
mineralization grading 1.81% Cu, 2.57% Pb, 4.38% Zn, 0.13% Sn, and 75.27 
ppm Ag 
--  Including 7.95 meters @ 2.21% Cu, 3.05% Pb, 4.82% Zn, 0.15% Sn, 89.8 ppm 
Ag 
--  Followed by 2.90 meters @ 0.71% Cu, 1.27% Pb, 3.17% Zn, 0.092% Sn, 35.4 
ppm Ag 
--  Avrupa and Antofagasta sign an amended Joint Venture Agreement 
/T/ 
Avrupa Minerals Ltd. is pleased to announce that recent drilling at Sesmarias
South in the Alvalade Joint Venture project, located in the Pyrite Belt of
southern Portugal, intersected copper-bearing massive and semi-massive sulfide
mineralization. The Alvalade Project is operated by Avrupa and funded by a
wholly-owned subsidiary of Antofagasta plc ("Antofagasta"). As
previously reported, Antofagasta has earned-in to 51% of the project with total
funding of US$4.3 million. Since the beginning of the project, the partners
have drilled 28 holes and nearly 12,250 meters in all phases of drilling around
the project area. 
The discovery of massive sulfide mineralization occurred in the second drill
hole at the new Sesmarias South target area, which is covered by approximately
100 meters of young cover sediments that completely obscure visual sighting of
the target rocks. Sesmarias South is located approximately seven kilometers
south of the past-producing Lousal Mine and 50 kilometers northwest of Lundin
Mining's Neves Corvo Mine, along the Neves Corvo trend of the Iberian
Pyrite Belt in Portugal. The discovery is the first greenfields success in the
Pyrite Belt of both Portugal and Spain since 1994. 
The mineralized intercept in SES002 totals 16.85 meters, as described in the
table below. The intercept includes a zone of massive sulfide mineralization,
then underlain by a zone of semi-massive sulfides and strong stockwork sulfide
veining. There follows a narrow shear zone, which is, in turn, underlain by a
further zone of strong alteration with anomalous disseminated and stockwork
sulfide mineralization. The analytical results for each of the three zones
follow: 
/T/ 
---------------------------------------------------------------------------- 
Ag                          
SULFIDE TYPE         FROM     TO TOTAL  Cu %   ppm  Pb %  Zn %   Sn %   Co %
----------------------------------------------------------------------------
Massive            151.65 159.60  7.95  2.21  89.8  3.05  4.82   0.15  0.084
Semi-                                                                       
 massive/stockwork 159.60 162.50  2.90  0.71 35.45  1.27  3.17  0.092  0.051
----------------------------------------------------------------------------
TOTAL                            10.85  1.81 75.27  2.57  4.38   0.13  0.075
---------------------------------------------------------------------------- 
Cu    Ag    Pb    Zn            Co 
FROM     TO TOTAL   ppm   ppm   ppm   ppm    ---    ppm
----------------------------------------------------------------------------
Weak/moderate                                                               
 stockwork         162.50 168.50  6.00  4514 10.57  1886  4838    ---    528
---------------------------------------------------------------------------- 
/T/ 
Follow-up drilling at Sesmarias South will commence on March 1st. Up to three
holes are initially planned in order to determine the orientation of the
potential mineralized body, which is totally blind from the surface.  
Paul W. Kuhn, President and CEO of Avrupa Minerals, commented, "The
discovery of the Sesmarias South mineralization is really and truly an exciting
event! This is the first greenfields VMS intersect the Pyrite Belt in 20 years.
This discovery of massive sulfide mineralization is the result of three years
of study, drilling, re-study, more drilling, reliance on the still-evolving
structural and geological model for mineralization in the Pyrite Belt, full
dedication from both the Avrupa and Antofagasta teams, and a willingness by
Antofagasta to continue the necessary funding for the program. We are looking
forward to the start of the follow-up drilling at Sesmarias, as well as
continued first-pass exploration in our other target areas." 
In addition to the Sesmarias South success the Alvalade JV partners have also
signed an amended Joint Venture Agreement (JVA) which allows for more interim
funding by Antofagasta, an expanded time frame in which to get to a feasibility
study decision, and a means for Avrupa to be carried to production, if there is
a production decision to be made for the project. The amended agreement carries
the following terms (in summary): 
/T/ 
--  After due diligence, exploration funding of US$ 300,000 (completed). 
--  Antofagasta must spend US$ 4 million on exploration to earn-in to 51% of 
the joint venture (Option 1 completed). 
--  To earn a further 9% of the JV (for an aggregate total of 60%), 
Antofagasta must fund US$ 2 million exploration by December 31, 2015 
(Option 2 underway). 
--  To earn a further 5% of the JV (for an aggregate total of 65%), 
Antofagasta must prepare, fund, and deliver a Preliminary Economic 
Assessment on a project within the JV area by December 31, 2017 (Option 
3). 
--  To earn a further 10% of the JV (for an aggregate total of 75%), 
Antofagasta must prepare, fund, and deliver a Feasibility Study on a 
project within the JV area by December 31, 2022 (Option 4). 
--  And to earn a further 5% of the JV (for an aggregate total of 80%), 
Antofagasta must fund 100% of all work programs during this phase and 
make a Development Decision within one year of the Option 4 exercise 
date (Option 5). 
--  Antofagasta will carry Avrupa through to production, and Avrupa will 
repay Antofagasta from proceeds, dividends, and sales generated by the 
actual production from any mine within the project area. 
/T/ 
Notes on analytical methods and quality control. All samples were sent to the
ALS Chemex sample preparation facility in Seville, Spain. Chemex shipped the
prepped material to their main European analytical laboratory located in
Loughrea, Ireland. In the main sulfide zone from 151.65 to 162.50 meters, total
copper, silver, lead, zinc, and cobalt results were obtained using a
metals' extraction method developed specifically for analysis of massive
sulfide mineralization. This includes metals' digestion by strong
oxidizing agents, followed by analysis using the industry-standard technique of
inductively coupled plasma - atomic emission spectroscopy (ICP-AES). Total tin
results were obtained using a lithium borate fusion with the addition of a
strong oxidizing agent, and followed by x-ray fluorescence (XRF) analysis. In
the lower anomalous zone from 162.50 to 168.50 meters, all metals' results
were obtained using a four-acid digestion, followed by ICP-AES analysis for
near-total results in all metals with the exception of tin, which was not
re-analyzed due to low levels. In addition to ALS Chemex quality
assurance/quality control (QA/QC) of all work orders, the Joint Venture
conducted its own normal, internal QAQC from results generated by the
systematic inclusion of certified reference materials, blank samples and field
duplicate samples. The analytical results from the quality control samples in
the SES002 work order have been evaluated, and conform to industry best
practice standards. 
Antofagasta plc is listed on the London Stock Exchange, is a constituent of the
FTSE-100 Index, and has significant mining interests in Chile. Antofagasta plc
operates four copper mines: Los Pelambres, Esperanza, El Tesoro and Michilla.
Total production in 2013 was 721,200 tonnes of copper, 9,000 tonnes of
molybdenum, and 293,800 ounces of gold. Antofagasta plc also has exploration,
evaluation and/or feasibility programs in North America, Latin America, Europe,
Asia, Australia and Africa. 
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,
including Portugal, Kosovo, and Germany. 
The Company currently holds 15 exploration licenses in three European
countries, including nine in Portugal covering 2,980 km2, five in Kosovo
covering 153 km2, and one in Germany covering 307 km2. Avrupa operates three
joint ventures in Portugal, including: 
/T/ 
--  The Alvalade JV, with Antofagasta, covering one license in the Iberian 
Pyrite Belt of southern Portugal, for Cu-rich massive sulfide deposits; 
--  The Covas JV, with Blackheath Resources, covering one license in 
northern Portugal, for intrusion-related W deposits; and 
--  The Arga JV, also with Blackheath Resources, covering one license 
located adjacent to the Covas JV, for intrusion-related Au-W deposits. 
/T/ 
Avrupa is currently upgrading precious and base metal targets to JV-ready
status in a variety of districts on their other licenses, with the idea of
attracting potential partners to project-specific and/or regional exploration
programs.  
For additional information, visit our website at www.avrupaminerals.com. 
On behalf of the Board, 
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. 
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. 
-30-
FOR FURTHER INFORMATION PLEASE CONTACT: 
Avrupa Minerals Ltd.
(604) 687-3520
(888) 889-4874 
INDUSTRY:  Manufacturing and Production - Mining and Metals 
SUBJECT:  DRM 
-0-
-0- Feb/27/2014 14:00 GMT
 
 
Press spacebar to pause and continue. Press esc to stop.