Avrupa Minerals CEO Sees Alternatives for Good Outcomes as Drilling Restarts at Portugal Missionwww.youtube.com
Avrupa Minerals’ (TSXV:AVU) chief government is optimistic that his firm’s not too long ago introduced new drilling exercise on the Alvalade challenge in Portugal will return optimistic outcomes.
“The primary gap we’re drilling in Alvalade, all people’s fairly enthusiastic about it. It is a 400 meter extension or step out from the final identified mineralization on the Lousal mine. We have accomplished plenty of geology work and plenty of geochemistry and geophysics (work), and we’ll discover out in a number of weeks what is going on on there,” mentioned Paul Kuhn, president and CEO of Avrupa Minerals.
The corporate not too long ago introduced it has restarted drilling on the Alvalade challenge within the pyrite belt of Southern Portugal. Alvalade is a three way partnership challenge between Avrupa and Sandfire MATSA.
Avrupa shall be drilling a number of new targets between the outdated Lousal and Caveira mines, in response to Kuhn. “We’ll be drilling straight by way of for the following three months, so there’s loads of alternative for good outcomes.”
The corporate can also be advancing its Slivova challenge in Kosovo with the current announcement of a brand new three way partnership possibility settlement with Western Tethyan Assets, a mineral exploration and improvement firm based mostly within the UK.
“We expect that the mixture of fine exploration and the power to construct a small mine on the Slivova challenge in Kosovo is a superb benefit to us,” Kuhn mentioned. “We discovered this gold deposit some years in the past; we had one other companion there for a number of years, and we have not too long ago regained the license. And now we’re again within the saddle and we’re off to the races once more.”
Underneath this new settlement, Western Tethyan has six months to resolve whether or not to maneuver ahead absolutely following a “very aggressive due diligence program,” Kuhn added.
Watch the complete interview with Avrupa Minerals CEO Paul Kuhn above.
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