Avrupa Minerals Ltd. (TSXV:AVU) announced the acquisition of three new exploration licenses in Portugal. Two of the licenses have potential tungsten and gold mineralization and the third has potential copper.
As quoted in the press release:
Two of the licenses, Candedo and Sabroso, are located in northern Portugal in a developing belt of potential tungsten and gold mineralization, related to granitic intrusions. The third license, Sines, is located in southern Portugal in a relatively unexplored part of the Portuguese Pyrite Belt.
Avrupa, President and CEO, Paul Kuhn, commented:
The Sines target area was brought to our attention through the long-time prospecting work of a local mining persona. Our initial review of the target area showed that altered and weakly copper-mineralized Pyrite Belt target rocks outcrop on the property in the area of several old prospects. This is a part of the Pyrite Belt that has received little or no modern exploration attention. With visible copper mineralization at the surface, we expect to generate further interest from potential JV partners after completing our evaluation of the target areas.