Avrupa Minerals Signs MOU with Bleak Consultants

Avrupa Minerals Ltd.(TSXV:AVU) announced signing a new MOU for the exploration of gold deposits in the Erzgebirge mining district, Germany. The Company must spend
€ 140,000 (~C$ 180,000) to gain 85% of the Oelsnitz Exploration License.

As quoted in the press release:

Avrupa must spend € 140,000 (~C$ 180,000) for exploration purposes to gain 85% of Oelsnitz Exploration License, which was issued to Beak on January 12, 2012. The license covers 307.2 square kilometers and has been issued for gold, silver, tin, tungsten, molybdenum, copper, lead, zinc, tellurium, barite, and fluorite. Once Avrupa has earned into the project, the two companies will form a joint venture to explore for gold on the property. Avrupa will look for potential partners to further extend the exploration program from the prospect generation phase.

Avrupa Minerals, CEO, Paul Kuhn, said:

We are eager to be moving into the Erzgebirge District and to be working with Beak Consultants, who are well-known and respected in the exploration business and in the Saxony region. There is strong potential for mineralization in the Erzgebirge, as well as positive mining and permitting regulations, interest in new business possibilities from regional and local governments, good infrastructure, and an able and available workforce. The merits of the Erzgebirge have already been exhibited by a long line of applicants for new exploration licenses in the historic mining area.

Click here to read the Avrupa Minerals Ltd. (TSXV:AVU) press release