Avrupa Minerals Ltd. · TSXV:AVU
Avrupa Minerals — Investor Presentation (January 2012)
44 slides from Avrupa Minerals's investor presentation, January 2012
Slide 1: European Prospect Generator
TSX.V: AVU European Prospect Generator
Slide 2: Forward Looking Statements
Forward Looking Statements Some of the statements contained in this presentation are forward-looking statements. Forward- looking statements are not historical facts and are subject to a number of risks and uncertainties beyond the Company's control, including, but not exclusively, statements regard
Slide 3: Non-compliant Resource Disclaimer
Non-compliant Resource Disclaimer The resource estimates below, and further referenced in this presentation, are historical in nature and were compiled prior to National Instrument 43-101. “Indicated resources” and “inferred resources” are historical categories that do not correspond to CIM categori
Slide 4: Business Model
Business Model Avrupa Minerals is a Prospect Generator • We generate new projects with early-stage reconnaissance exploration programs • Low costs because work involves basic geological work • We work in Europe • Old established mining districts with new ideas and expertise • Variety of metals – gol
Slide 5: Business Model
Business Model Avrupa seeks partners for strategic alliances at an early stage • Identify promising districts and acquire properties, licenses • After identification of region, metals, deposit type, and possibly acquisiton of properties, turn to larger company for a strategic alliance in proposed re
Slide 6: Business Model -- Results
Business Model -- Results Alvalade Joint Venture with Antofagasta Minerals (AMSA) • Covers 3 licenses in Pyrite Belt of Portugal (1000 km2) • AMSA has already spent US$ 300,000 during a 6-month Initial Study period • AMSA must expend a further US$ 4 million over 3 years to earn-in to 51% of the proj
Slide 7: Directors and Officers
Directors and Officers Paul W. Kuhn – Director, President and CEO • 35 years exploration experience in North America, Turkey, Central, Asia, and Europe • Gold and base metal discoveries in Turkey Mark Brown – Director • President, Pacific Opportunity Capital, a financial consulting firm • Previously
Slide 8: Experienced Management Team
Experienced Management Team Adriano Barros – General Manager MAEPA sub, Portugal • +40 years discovery-oriented prospecting and management in Portugal • Brought Neves Corvo and Aljustrel Mines into Eurozinc (now Lundin Mining) Paul I. Nelles – Managing Director IEK sub, Kosovo • +40 years worldwide
Slide 9: Share Structure – Summary
Share Structure – Summary Tightly held share structure (as of 12/31/2011) • 16.1 million shares outstanding • 23.7 million shares outstanding, fully diluted • 40% of shares held by insiders, family, and friends Available cash on hand (as of 12/31/2011) • Approximately C$ 530,000 (consolidated Canada
Slide 10: Stock Price Chart
Stock Price Chart Courtesy of Stockwatch.com TSX.V: AVU 10
Slide 11: Recent Developments -- Portugal
Recent Developments -- Portugal Signed Alvalade JV with Antofagasta Minerals • Starting with three target areas, up to 6000 meters drilling planned • US $ 2.5 million work budget planned for 2012 • More targets in the pipeline Aljezur license in southern Portugal signed by government • Base and prec
Slide 12: Recent Developments -- Kosovo
Recent Developments -- Kosovo Completed 3-hole, 507-meter drilling program in Kosovo • Two holes, 368 meters completed at Kamenica; strong alteration, base metal mineralization, and stockwork veining present from surface to TD at Metovic target • One hole, 139 meters completed at Glavej; over 100 me
Slide 13: Recent Developments -- Europe
Recent Developments -- Europe Formed Joint Venture with Beak Consultants GmbH to explore for gold in the Erzgebirge Mining District, Germany • Beak is based in Freiberg, Germany, the main town in the Erzgebirge region • Oelsnitz Exploration License covers 307.2 km2 of highly prospective land • Histo
Slide 14: Projects in Europe
Projects in Europe Portugal areas of interest • Pyrite Belt (Cu-Zn) Germany Erzgebirge JV (Au-W) • N. Portugal Tungsten District (W-Au) • Monchique alkalic intrusion (Au-REE’s) • Ossa Morena Zone (Porphyry Cu) Kosovo licenses • Vardar Mineral Belt (Ag-Pb-Zn) • Sharr-Dragesh intrusive complex (Cu-Au)
Slide 15: Project Generation in Portugal
Project Generation in Portugal Why Portugal • Long metals mining history from productive belts • Long exploration history, but not always systematic • Old belts, but new ideas and models, different metals • Established mining law with reasonable regulations • Good communications with Government and
Slide 16: Project Generation in Portugal
Project Generation in Portugal Exploration in Portugal thru 90%-owned subsidiary, MAEPA • +40 years prospecting/exploration experience in Portugal • Excellent working relationships with government and geological survey Presently hold six licenses, totaling ~1664 km2 Iberian Pyrite Belt (copper-zinc)
Slide 17: Project Generation in Portugal
Project Generation in Portugal 6 licenses: 1664 km2 2 applications: 1016 km2 2 Joint Ventures: Alvalade JV (Antofagasta Minerals) Covas JV (Blackheath Resources) Caveira Mine, Alvalade JV TSX.V: AVU 17
Slide 18: Pyrite Belt – Southern Portugal
Pyrite Belt – Southern Portugal Northern Belt Aljustrel Belt Neves Corvo Belt Well-positioned in the northern Pyrite Belt TSX.V: AVU 18
Slide 19: Pyrite Belt – Southern Portugal
Pyrite Belt – Southern Portugal Alvalade Joint Venture with Antofagasta Minerals SA • Includes Alvalade, Canal Caveira, and Ferreira do Alentejo licenses • Approximately 1000 km2 in area; +35 line km prospective belts • Initial Study concentrated on hard targets at Aldeia dos Elvas, Monte de Bela Vi
Slide 20: Alvalade JV
Alvalade JV Northern Belt Aljustrel Belt Neves Corvo Belt Inferred subsurface geology on Alvalade license TSX.V: AVU 20
Slide 21: Alvalade JV
Alvalade JV Alvalade residual gravity: note numerous individual gravity highs along belts and previously unrecognized subsurface structural modification of the district TSX.V: AVU 21
Slide 22: Alvalade JV
Alvalade JV Avrupa / MAEPA / Antofagasta Minerals SA JV • Initial 6-month compilation and due diligence period: Antofagasta spent US$ 300,000 to complete geophysical/geological/geochemical compilation and to start drill targeting on the three licenses that make up the Alvalade Project: Alvalade, Can
Slide 23: Marateca Project
Marateca Project Drill locations (purple), other targets (red) at Marateca TSX.V: AVU 23
Slide 24: Covas Tungsten District – NE Portugal
Covas Tungsten District – NE Portugal Covas Tungsten District – previous work • Previous operators mined 366,000 mt @ 0.61% WO3 • Union Carbide estimated inferred + indicated mineral resources of 922,900 metric tonnes @ 0.78% WO3 ( non – NI-43-101 – compliant: Please see disclaimer on Slide 3) • 329
Slide 25: Covas Tungsten District – NE Portugal
Covas Tungsten District – NE Portugal AVRUPA / MAEPA progress • Re-processed prospect-wide ground magnetic data • Soil geochemistry over Covas Dome • Alteration / structural analysis of prospect area • Discovery of significant intrusion-related gold target in Covas Dome • Drill targeting in Covas Do
Slide 26: Covas JV
Covas JV Covas District geologic mapping (Union Carbide, early 1980’s) • Drill locations only partially cover Skarn Ring zone (purple dashed line) • All known W-bearing skarns lie on/along Skarn Ring Old drill hole locations around Skarn Ring => Room for resource expansion TSX.V: AVU 26
Slide 27: Covas JV
Covas JV Gold and tungsten soil anomalies in the Covas Dome target area (2010) TSX.V: AVU 27
Slide 28: Covas JV
Covas JV New anomalies from re-processed ground magnetic data (2011) TSX.V: AVU 28
Slide 29: Covas JV
Covas JV Intrusion-related gold target area along E-W mag lineament (2011) TSX.V: AVU 29
Slide 30: Covas JV
Covas JV Avrupa / MAEPA / Blackheath Resources JV • To earn-in to 51% of the Covas Project, Blackheath must make exploration expenditures of € 300,000 by March 20, 2013, with € 150,000 guaranteed by March 20, 2012. • To earn a further 19%, to a total of 70% of the Covas Project, Blackheath must incu
Slide 31: Aljezur Project
Aljezur Project Aljezur Prospect • Original stream sediment sampling work covered the west half of the new license – 150 samples collected in 1999 • Samples were analyzed for Ag, As, Cu, Pb, Zn, Fe, Mn, but not for Au or REE’s • Strong copper in stream sediments anomaly around west margin of intrusi
Slide 32: Aljezur Project
Aljezur Project 10-kilometer long copper in stream sediment anomaly leading off of the Monchique intrusion TSX.V: AVU 32
Slide 33: Exploration in Portugal
Exploration in Portugal Alvito application • Ossa Morena District porphyry copper and gold possibilities • Also covers IPB targets at margins of Marateca license Arga application • Intrusion-related gold targets • Anomalous Au, As, Bi, Te, W in quartz vein swarms • Adjacent to Covas JV TSX.V: AVU 33
Slide 34: Project Generation in Kosovo
Project Generation in Kosovo Why Kosovo • Long metals mining history from productive belts • Long exploration history, but not systematic and generally near-mine only • Old belts, but new ideas and models, different metals • Established mining law with reasonable regulations • Good communications wi
Slide 35: Project Generation in Kosovo
Project Generation in Kosovo Exploration in Kosovo thru 92.5%-owned subsidiary, IEK • Experience in Kosovo since 2002, with UNMIK, Trepça, IEK • Excellent relations with government and ICMM (mining bureau) • Long-term exploration and mining experience • Successful explorationists and prospect genera
Slide 36: Project Generation in Kosovo
Project Generation in Kosovo 4 licenses: 167 km2 • 3 in northern Vardar Zone • 1 in southern Vardar Zone • 1 application in process Areas of National Interest • Spread around country • Several areas contain attractive Ag-Pb-Zn targets at surface • ICMM will set auction rules in future Kamenica proje
Slide 37: Vardar Zone – Kamenica
Vardar Zone – Kamenica Kamenica License (45 km2) • On strike with long-lived Artana Mine (historic modern production of 4-5 mt @ +10% Pb and Zn; 140 g/t Ag; and 1 g/t Au (non - NI 43-101 - compliant estimate: See disclaimer on Slide 3) • 3 high-priority target zones identified; 2 holes drilled at Gr
Slide 38: Vardar Zone – Glavej
Vardar Zone – Glavej Glavej License (8.1 km2) • Close to world class Stan Terg Mine (historic production of 35 mt @ +10% Pb + Zn and 80 g/t Ag (non - NI 43-101 - compliant estimate: See disclaimer on Slide 3) • 2 high-priority target zones identified – Pogledalo/Hazelnut Hill and Spate • First drill
Slide 39: Vardar Zone – Selac
Vardar Zone – Selac Selac License (36.9 km2) • Acquired early 2011, as a result of GIS-based generative program and discovery of previously-unknown surface mineralization • Contains Pogledalo/Hazelnut Hill extensions and other high quality potential target zones in +5 km2 area • Gossans and jasperoi
Slide 40: Vardar Zone – Bajgora
Vardar Zone – Bajgora Bajgora License (76.5 km2) • Acquired in early 2011, as a result of GIS-based generative program • Numerous Saxon-age workings and prospects discovered on and around the license area • Property-wide reconnaissance mapping and sampling outlined 18 km2 area in SW corner of licens
Slide 41: Exploration in Kosovo
Exploration in Kosovo • Ongoing GIS-based prospect generation program • New ideas, models, incl. Cu-Au possibilites • Areas of National Interest • Trepça potential • Seeking exploration strategic alliance or JV’s Metallogenic Map of Kosovo (ICMM) TSX.V: AVU 41
Slide 42: Erzgebirge Exploration -- Germany
Erzgebirge Exploration -- Germany Northern Portugal Erzgebirge license Worldwide belts of reduced intrusion-related gold deposits – from C.J.R. Hart, 2007 • Oelsnitz license covers Au, Mo, W, As and geological anomalies delineated by Beak’s proprietary GIS application • New model for district Redu
Slide 43: The Near Future
The Near Future Start-up of Alvalade JV Project in the Pyrite Belt of Portugal • US$ 2.5 million budget for 2012 6,000 meters of drilling planned • Continued delineation of drill targets at Azinheira dos Barros, Aldeia dos Elvas, and Monte de Bela Vista prospect areas • Regional gravity and magnet
Slide 44: Summary
Summary Exciting projects in Portugal • Alvalade JV with Antofagasta Minerals in the Pyrite Belt • Covas JV with Blackheath Resources in the N. Portugal Tungsten District • Serrinha target and others at Marateca in the Pyrite Belt • Potential Au-REE targets in new Aljezur license in southern Portuga
Avrupa Minerals — Investor Presentation (January 2012) on 6ix