The Conversation (0)
The Portuguese government has officially issued two new exploration licenses to Avrupa Minerals Ltd. (TSXV:AVU). The two licenses, Arga and Alvito, were previously described as applications in an earlier Company news release, dated October 27, 2011.
As quoted in the press release:
The Arga Property – Gold and silver targets.
The 28.4 km2 Arga license is located immediately south and adjacent to the Covas exploration license, which was extended for one year at the same signing ceremony, and previously announced in a news release dated March 27, 2012. The Arga area has seen previous mapping and sampling by various entities, but no drilling. The property covers gold-silver-arsenic-bearing quartz vein swarms spatially related to a granitic intrusion complex. The regional structure that controls the location of the Covas tungsten deposit also localizes the Arga vein systems.The Alvito Property – Porphyry copper and gold targets.
The Alvito exploration license covers 988 square kilometers of prospectable land straddling the northeastern margin of the Pyrite Belt and the Ossa Morena zone of southern Portugal. There has been some scattered exploration in the lands covered by the application, but Avrupa plans to undertake the initial systematic grassroots program in the region for possible porphyry copper and gold mineralization. The new Alvito license also covers extensions of several untested target areas on the Company’s Marateca license, lying immediately to the west of Alvito.
Click here to read the Avrupa Minerals Ltd. (TSXV:AVU) press release
Click here to see the Avrupa Minerals Ltd. (TSXV:AVU) profile.