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Avrupa Minerals (TSXV:AVU) announced an update on progress on the Pre-Feasibility Study (“PFS”) at Slivovo by joint venture company Peshter Mining JSC. Peshter Mining is 75% held by Byrnecut International Limited (“BIL”) and 25% by Avrupa Minerals (“Avrupa” or the “Company”) through its 100%-owned subsidiary in Kosovo.

Avrupa Minerals (TSXV:AVU) announced an update on progress on the Pre-Feasibility Study (“PFS”) at Slivovo by joint venture company Peshter Mining JSC.  Peshter Mining is 75% held by Byrnecut International Limited (“BIL”) and 25% by Avrupa Minerals (“Avrupa” or the “Company”) through its 100%-owned subsidiary in Kosovo.
As quoted in the press release:

Much of the ongoing environmental and social baseline work was initiated in Q4 2015 and Q1 2016.  This work will continue throughout the rest of 2016 and into 2017 to complete requirements for both the PFS and the mining license application.
With the advent of the field season, Peshter Mining initiated a geophysical program consisting of 10 lines of IP/Resistivity covering 21.375 line kilometers and five lines of Turam electromagnetics over the zones of Slivovo mineralization and surrounding lands.  The objects of the program were: 1) locate new mineralization targets and 2) sterilize some land for the use of surface facilities needed in a mining operation.  Preliminary technical reporting suggests further mineral potential surrounding the Slivovo Gossan, in the Gossan Extension zone, around the Sandstone Gossan area, and in the Dzemail Zone.  There appears to be a new, deeper target located to the SSW of the main Peshter Mining working area, between the Gossan zones and the Dzemail Zone.  Further, detailed re-processing of the data is currently underway.
Peshter Mining initiated a developmental drilling program to test for further mineralization in the Gossan Extension Zone, around the edges of the indicated resource at the Main Gossan Zone.  Eight development holes have been completed, to date, including one deep vertical hole (to 250 meters) to utilize downhole geophysical methods for further sub-surface exploration.  Geochemical results are pending, and at least three more holes are planned.  Peshter also drilled seven holes for water flow and aquifer information.  Most of the pump tests have been completed, at this time.  Peshter has now initiated drilling for rock mechanics and stability information around the edges of the planned mine.  Two holes have been completed, and five more holes are planned for this portion of the drilling program.
Metallurgical and testing is underway, utilizing samples collected from drilling in 2015.  Preliminary results suggest good crushing characteristics of the ore.  In addition to positive gravity separation results, gold and other metals float readily under normal selected conditions and appear to have relationships that will allow for differential flotation, if required.  Leach tests indicate that ore composites are readily leached, and high recoveries are obtained using low reagent concentrations and input rate.  Full results and reporting are pending.

Avrupa Minerals President and CEO, Paul W. Kuhn, stated:

Avrupa is pleased about the progress made by Peshter Mining JSC on the PFS at Slivovo.  We are excited about the possibility of being a part owner of the first gold mine in the Republic of Kosovo.  Shareholders and investors should look forward to further encouraging news coming from the Slivovo Project.

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