Avrupa Minerals: Covas Joint Venture Update, Portugal

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Avrupa Minerals (TSXV:AVU) is pleased to report on joint venture progress during 2016 at the Covas Tungsten Project in northern Portugal. Blackheath Resources (“BHR”) holds 75% of the JV by virtue of contributing over 1.6 million euros, to date, for exploration on the project.

Avrupa Minerals (TSXV:AVU) is pleased to report on joint venture progress during 2016 at the Covas Tungsten Project in northern Portugal.  Blackheath Resources (“BHR”) holds 75% of the JV by virtue of contributing over 1.6 million euros, to date, for exploration on the project.  Avrupa holds the remaining 25% and continues as Operator of the project.  For further information concerning the earn-in joint venture deal with BHR, please refer to the Avrupa news release of May 12, 2014.
Work in 2016 includes the following programs:

  • The partners have commenced planning and initial work on the project environmental impact study (“EIS”), according to guidelines established by the government of Portugal.  The initial work program includes preparation of detailed flora, fauna, and socio-economic baseline studies in/around the Cerdeirinha, Boundary, Castelo, Muito Seco, and Lapa Grande tungsten deposit areas.  The deposits have previously been partially drill-tested by the joint venture, and an initial NI 43-101 indicated resources estimate was reported by Avrupa and BHR at the end of Q1 2015.
  • Bulk sampling and mineralogical work commenced at the Cerdeirinha open pit site.  A field team collected approximately 200 kilograms of tungsten-bearing material which was sent out for mineralogical studies prior to commencing full processing test work.
  • Work continues on an internal experimental exploitation study for a small-scale pilot plant at Cerdeirinha, based on the initial indicated resources estimate.
  • Further internal review of the Telheira deposit area is planned for later in July/August.

Paul W. Kuhn, President and CEO of Avrupa commented, “We are certainly pleased with the program movement during the first half of the year.  Starting the EIS, mineralogy, and processing test work are important milestones for the Covas program.  We are looking forward to continued positive results from the Project and to making further steps towards determining the viability of the Covas operation.”
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