Avrupa Minerals Ltd. · TSXV:AVU
Avrupa Minerals — Investor Presentation (November 2015)
44 slides from Avrupa Minerals's investor presentation, November 2015
Slide 1: Old World Districts, Modern Exploration, New Discoveries
TSX.V: AVU FRANKFURT: 8AM Old World Districts Modern Exploration New Discoveries
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 • We work in Europe. • Old established mining districts with new ideas and expertise. • Variety of metals – gold, silver, copper, lead, zinc, tungsten. • Stable pol
Slide 5: Summary of Projects
Summary of Projects Germany Projects optioned out Erzgebirge JV (Au-W) Portugal • Alvalade – Colt Resources • Covas – Blackheath Resources Kosovo North Portugal • Slivovo – Byrnecut International Covas JV (W–Au) Available projects: • 4 licenses in Portugal • 1 license in Kosovo • 1 license in German
Slide 6: Excitement at Slivovo in Kosovo!!
Excitement at Slivovo in Kosovo!! ARTANA MINE Geology of the Artana caldera complex: Slivovo, Metovit-Kamenica, and Artana Mine are all located in down-dropped portions of the complex, allowing for preservation of potential mineralization at intersection of caldera faults and Vardar Zone structures
Slide 7: Excitement at Slivovo in Kosovo!!
Excitement at Slivovo in Kosovo!! 0 0 0 0 Gossan zone SS gossan Gossan extension Dzemail target area Brus target area Geology of Slivovo license: 4 target areas already delineated at Pester: Main gossan, Gossan extension, Sandstone gossan, Dzemail zone; one partially delineated at Brus TSX.V: AVU 7
Slide 8: Excitement at Slivovo in Kosovo!!
Excitement at Slivovo in Kosovo!! 0 0 0 0 Gossan zone SS gossan Gossan extension Dzemail target area Brus target area Geochemistry results: Gold values in rock chip and trench samples TSX.V: AVU 8
Slide 9: Excitement at Slivovo in Kosovo!!
Excitement at Slivovo in Kosovo!! 0 0 0 0 Gossan zone SS gossan Gossan extension Dzemail target area Brus target area Geochemistry results: Gold values in soil samples TSX.V: AVU 9
Slide 10: Excitement at Slivovo in Kosovo!!
Excitement at Slivovo in Kosovo!! • Discovery hole -- Success in SLV004 in the Pester gossan: 126.5 meters @ 6.2 g/t Au; 15.0 g/t Ag • Drilled across bedding and down dip of mineralized wedge: tests length of block (125 meters) • SLV005, 019, 033, 034, 035, 036, 037, 038, 039, etc. test thickness of
Slide 11: Excitement at Slivovo in Kosovo!!
Excitement at Slivovo in Kosovo!! Recent drill results from Slivovo: Hole Interval (m) From (m) To (m) Gold -- g/t Silver -- g/t SLV-004 126.5 0 126.5 6.2 15.0 SLV-005 12 27 39 12.2 8.02 SLV-006 5.5 50 55.5 1.1 12.8 And 10.8 74.9 85.7 1.25 15.1 SLV-011 25 67 91 1.02 7.08 And 30 91 121 6.92 16.20 SLV
Slide 12: Excitement at Slivovo in Kosovo!!
Excitement at Slivovo in Kosovo!! Gold results, to date, greater than 0.5 g/t Au • Main body of high grade gold mineralization is approximately 125 meters long x 25-40 meters thick x 50-75 meters wide • Bounded by high angle faults on NW and SE sides, low angle thrust fault underneath • Open down pl
Slide 13: Excitement at Slivovo in Kosovo!!
Excitement at Slivovo in Kosovo!! 1 2 3 SLV004 drill core 1) 7.25 g/t Au @ depth of 11.80 meters 2) 49.9 g/t Au @ depth of 63.25 meters 3) 57.2 g/t Au @ depth of 103.45 meters TSX.V: AVU 13
Slide 14: Excitement at Slivovo in Kosovo!!
Excitement at Slivovo in Kosovo!! Slivovo geological and mineralization model TSX.V: AVU 14
Slide 15: Excitement at Slivovo in Kosovo!!
Excitement at Slivovo in Kosovo!! Slivovo alteration and mineralization model TSX.V: AVU 15
Slide 16: Project Generation in Portugal
Project Generation in Portugal Why Portugal • The Iberian Pyrite Belt is ELEPHANT country • Three out of four of the last greenfields discoveries in the Pyrite Belt: Neves Corvo in 1977, Aguas Tenidas in 1980, and Las Cruces in 1994 are now large operating mines • No real exploration since the mid 1
Slide 17: Pyrite Belt – Mines and deposits
Pyrite Belt – Mines and deposits dd Badajoz Lisbon Producing Mine Setubal Past Producer SPAIN PORTUGAL Madrid Known Deposit Lisbon Lagoa Salgada Iberian Pyrite Belt Sevilla Caveira Rail Line Lousal Beja Sines Aljustrel Aracena S. Telmo Aguas Tenidas Sesmarias S. Domingo La Zarza Rio Tinto • Las Cruc
Slide 18: Pyrite Belt – Alvalade JV
Pyrite Belt – Alvalade JV TSX.V: AVU 18
Slide 19: Pyrite Belt – Alvalade JV
Pyrite Belt – Alvalade JV Three belts of VS target rocks exist: Neves Corvo, Aljustrel, and Sao Doming- os trends. Three structural panels of prospective mineralization exist within the Neves Corvo trend. Target VS rock units are located in each of the panels. Panel 2 has the most historic dri
Slide 20: Pyrite Belt – Alvalade JV
Pyrite Belt – Alvalade JV What we’ve done at Alvalade • Came up with a new geological model to drive exploration • Re-logged +50,000 meters of available core and collected more than 5,500 samples of all types • Compiled, reviewed, and re-interpreted regional gravity and magnetics data, geochemical d
Slide 21: Discovery at Sesmarias!!
Discovery at Sesmarias!! Sesmarias West target – 1,800 meters strike length of mineralization to a depth of 300 meters in a single, structurally-deformed sedimentary rock unit • SES002 – 10.85 meters @ 1.81% Cu, 75.27 ppm Ag, 2.57% Pb, 4.38% Zn, 0.13% Sn • SES006 – 1.5 meters @ 1.61% Cu, 54 ppm Ag,
Slide 22: Discovery at Sesmarias!!
Discovery at Sesmarias!! Aljustrel massive sulfide lenses projected to the surface • The strike length of the Sesmarias target is similar to the strike length of Aljustrel. • The vertical geometry of the sulfide lense(s) appears to be similar. • Drilling in the Sesmarias area suggests further poten-
Slide 23: Potential for more elephants in Portugal
Potential for more elephants in Portugal Pyrite Belt • New understanding of regional geology and structure, gained from work on Alvalade JV, leads to more exciting targets at other Pyrite Belt licenses Marateca • 12 known VMS target areas on Marateca license, including previously undocumented 1,000-
Slide 24: Marateca (copper-zinc)
Marateca (copper-zinc) 12 mostly untested target areas at Marateca and adjacent Alvito (Avrupa drill locations in purple) TSX.V: AVU 24
Slide 25: Mertola (copper-zinc)
Mertola (copper-zinc) Mertola license includes past-producing São Domingos Mine (25 mt @ 1.2% Cu, 3% Zn) TSX.V: AVU 25
Slide 26: Santa Margarida do Sado (copper-zinc)
Santa Margarida do Sado (copper-zinc) Mostly untested target areas at Santa Margarida; Neves Corvo trend present through license TSX.V: AVU 26
Slide 27: Potential for more elephants in Portugal
Potential for more elephants in Portugal Ossa Morena Zone • The tectonic history of the Ossa Morena has similarities to Iberian Pyrite Belt. Out geologists think that structurally controlled mineralization potential exists within the diverse metallogenic belt. Alvito • 850 square kilometer property
Slide 28: Alvito JV (copper-gold)
Alvito JV (copper-gold) Copper anomalism in soil samples on Alvito license: NW-trending zone is nearly 25 km long and 3-4 km wide. TSX.V: AVU 28
Slide 29: Alvito JV (copper-gold)
Alvito JV (copper-gold) Zinc anomalism in soil samples on Alvito license: NW-trending zone is more spread out than copper anomalism and may delineate additional targets TSX.V: AVU 29
Slide 30: Alvito JV (copper-gold)
Alvito JV (copper-gold) First-pass prospecting targets on/near the Alvito license TSX.V: AVU 30
Slide 31: Alcaçovas IOCG target
Alcaçovas IOCG target Alcaçovas IOCG high priority target area TSX.V: AVU 31
Slide 32: Alcaçovas IOCG target
Alcaçovas IOCG target Alcaçovas target size comparison to 500 mt Candelaria IOCG footprint TSX.V: AVU 32
Slide 33: Alcaçovas alteration and mineralization
Alcaçovas alteration and mineralization 1 4 2 Alvito drill core IOCG style alteration and mineralization 1) Potassic alteration cut by sulfide and magnetite veins 2) Magnetite overprinting potassic alteration 3 in a breccia 3) Intense magnetite and sulfide replacement of the original rock 4) Magneti
Slide 34: Plans for 2015 & 2016 – Europe
Plans for 2015 & 2016 – Europe • Complete resource estimate after drilling at Covas tungsten project in north Portugal – completed • Establish joint ventures for South Portugal licenses – Alvito optioned to Lowell Copper, July, 2015*; Alvalade optioned to Colt Resources, September 2015 • Establish n
Slide 35: Management, Share Structure, Other Properties
MANAGEMENT SHARE STRUCTURE OTHER PROPERTIES Covas Summary of JV terms Germany TSX.V: AVU
Slide 36: 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 T. Brown – Director • President, Pacific Opportunity Capital, a financial consulting firm • Previou
Slide 37: Experienced Management Team
Experienced Management Team Paul Kuhn – President and CEO Winnie Wong – CFO 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
Slide 38: Share Structure – Summary
Share Structure – Summary Tightly held share structure (as of 10/21/2015) • 55.5 million shares outstanding • 97.1 million shares outstanding, fully diluted • >50% of shares held by insiders, family, and large shareholders Cash from JV’s and Operating Partners, total (as of 10/21/2015) • Antofagasta
Slide 39: Alvalade JV – Terms
Alvalade JV – Terms A summary of the JV terms with Colt Resources are as follows: • Colt will pay Antofagasta a total of up to US$ 7.1 million in increments, some over specified time periods, and certain other payments based on completion of a resource estimate, a feasibility study, and then upon co
Slide 40: Covas JV - Terms
Covas JV - Terms The details of the option agreement are: • To earn 51% of the joint venture, Blackheath must spend €300,000 on exploration by March 20, 2013 (completed). • To earn a further 19% of the JV (for an aggregate total of 70%), Blackheath must fund €700,000 on exploration by March 20, 2014
Slide 41: Covas – Tungsten Resource Estimate
Covas – Tungsten Resource Estimate The Covas Tungsten Project, which consists of seven separate deposits in close proximity, is estimated to contain: - 449,800 MTUs WO3 indicated mineral resource based on 1,081,000 tonnes at an average grade of 0.42% WO3 - 767,100 MTUs WO3 inferred mineral resource
Slide 42: Slivovo JV - Terms
Slivovo JV - Terms Under the Earn-In Agreement with Byrnecut International, Avrupa will be the operator, and Byrnecut will have the following participation options: • To earn a 51% interest in the Slivovo Project, Byrnecut must spend €1,000,000 for exploration on the project by April 10, 2015, of wh
Slide 43: Germany -- Erzgebirge Exploration (Au)
Germany -- Erzgebirge Exploration (Au) 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
Slide 44: Germany - Project Generation Erzgebirge
Germany - Project Generation Erzgebirge Old mining district – NEW IDEA • Explored and mined for tin, base metals, silver, fluorite, uranium for 900 years • Never explored for gold, but same style of geology as in northern Portugal, Tintina Gold District • Partner, Beak Consultants, acquired and comp
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