SAN FRANCISCO, CA–(Marketwired – June 28, 2017) – A junior explorer has taken back the reins of a project in Portugal that is showing results.
Company included in article: Avrupa Minerals Ltd.
Avrupa Minerals Ltd. (TSX VENTURE: AVU) (FRANKFURT: 8AM) announced on June 19 that it has restored 100% ownership in the Alvalade copper-lead-zinc project in Portugal, reaching agreements with its two partners.
In a June 26 press release, Avrupa announced a private placement to raise $500,000, which will “be used for exploration and operations in Portugal, Kosovo, and Vancouver, and for general working capital.”
Paul Kuhn, Avrupa’s president and CEO, commented, “Now that we have successfully consolidated the Alvalade copper-zinc project, we have work to prepare for the next stage of drilling.” Kuhn explained that Avrupa already has “a number of compelling targets [at Alvalade] in the immediate surrounding sectors at Sesmarias, as well as drill-ready targets at Monte da Bela Vista (10 km north of Sesmarias) and in the Pombal area (15 km south of Sesmarias).”
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