Avrupa Minerals Ltd. · TSXV:AVU
Avrupa Minerals — Investor Presentation (February 2017)
29 slides from Avrupa Minerals's investor presentation, February 2017
Slide 1: Avrupa Minerals
TSX.V: AVU Frankfurt: 8AM US DTC: AVPMF TSX.V: AVU
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: Acknowledgements
Acknowledgements Exploration Team • Bryan MacFarlane and Dave Coller, exploration structural geologists • Dick Sillitoe (geology) and Brian Williams (geophysics), Antofagasta consultants • Bob Earhart (geology) and Ozcan Yiğit (geochemistry), Avrupa/MAEPA consultants • MAEPA management: Adriano Barr
Slide 4: Portugal mines and deposits
Pyrite Belt – Mines and deposits Badajoz Producing Mine Lisbon Past Producer Setubal SPAIN Known Deposit PORTUGAL Madrid Iberian Pyrite Belt Lisbon Lagoa Salgada Sevilla Rail Line Caveira Lousal Beja Sines • Las Cruces produced 70,029 tonnes Aljustrel Aracena of copper in 2015 S. Telmo Aguas Tenidas
Slide 5: Pyrite Belt – Alvalade License/Project
Pyrite Belt – Alvalade License/Project • 3 licenses acquired by Avrupa/MAEPA during 2008 – 2011 time period • Licenses amalgamated in 2013 and valid through end of 2018 • First work on licenses by Avrupa/MAEPA in 2011 • Antofagasta JV December 2011 through early 2015 • Colt Resources purchases Antof
Slide 6: What we've done at Alvalade
Pyrite Belt – Alvalade 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 close to 6,000 samples of all types • Compiled, reviewed, re-processed, and re-interpreted regional gravity and magnetics data, geo
Slide 7: Basement geo interpretation at end of 3rd phase
Pyrite Belt – Alvalade Basement geo interpretation at the end of the 3rd phase of drilling TSX.V: AVU 7
Slide 8: Keys to discovery
Pyrite Belt – Alvalade Keys to discovery • Structural analysis • Squeezing of existing geophysical data • In-house soil sampling and lithogeo- chemistry • Detailed vein logging • Basin analysis Targeting criterion • VS rocks in known producing trend • Close proximity to deep-penetrating growth struc
Slide 9: Phase targeting
Pyrite Belt – Alvalade Phase 4 targeting • Basins fit general targeting criterion • Red circles cover areas that fit all four criterion on the Neves Corvo mineral trend • Four of these areas had no or minimal previous drilling • Selected two areas for first pass, top-of- bedrock, orientation/vectori
Slide 10: Discovery at Sesmarias!!
Discovery at Sesmarias!! Sesmarias – SES002 • Used exploration criteria developed in-house during three years of exploration work, drilling, and adequate funding from partner • Used all available tools, but mostly geology-driven, and cost-efficient • Drilled 26 holes, ~ 11,500 meters before discover
Slide 11: SES002 – main massive sulfide zone
SES002 – main massive sulfide zone Main massive sulfide layering @ 154 m Chlorite clasts in massive sulfide zone @ 154 m TSX.V: AVU 11
Slide 12: SES002 – main massive sulfide zone
SES002 – main massive sulfide zone Transition from massive sulfide to semi-massive/ stockwork sulfides @ 160 m Sulfide-quartz vein stockwork in black shale @ 162 m TSX.V: AVU 12
Slide 13: SES002 – main massive sulfide zone
SES002 – main massive sulfide zone Sheared semi-massive sulfide stockwork with quartz veining and second stage fracture-fill chalcopyrite @ 162 m Dense vein stockwork with fracture mesh @ 162 m TSX.V: AVU 13
Slide 14: SES002 – main massive sulfide zone
SES002 – main massive sulfide zone Thin sulfide and sulfide-quartz veining and quartz-chalcopyrite fracture veins near the base of the stockwork zone TSX.V: AVU 14
Slide 15: Sesmarias follow-up: SES001 to SES014
Pyrite Belt – Alvalade Sesmarias follow-up: SES001 to SES014 • Sesmarias target up to 2 km in strike length • Of these holes: • 3 intercepted ore grade mineralization over +10 meters true thickness; • 3 intercepted massive sulfide mineralization 1-10 meters thick; and • 3 others hit massive sulfide
Slide 16: Sesmarias follow-up: SES001 to SES014
Pyrite Belt – Alvalade Sesmarias follow-up: SES001 to SES014 • Sesmarias target up to 2 km in strike length • Target only tested between 100 and 300 meters below surface • Excluding downdip potential, four other target areas present at Sesmarias • Refined geo-structural model, targeting criterion to
Slide 17: Sesmarias follow-up: SES002 to SES007
Pyrite Belt – Alvalade Sesmarias follow-up: SES002 to SES007 • SES002 cluster hit mineralization in overturned limb of syncline, which itself is located in the hangingwall of structure • Further mineralization is thus suggested in the footwall of the sturcture • Not tested in the SES002 to SES007 cl
Slide 18: Pyrite Belt – Alvalade
Pyrite Belt – Alvalade TSX.V: AVU 18
Slide 19: Phase targeting
Pyrite Belt – Alvalade Phase 4 targeting • Further refinement of Phase 4 results led to four major target areas outside of the 2 km strike length: • Eastern Basin • Northern Deep • Southern Offset (Panel 1) • Western Syncline • All potentially related to the Sesmarias mineralizing system, but East a
Slide 20: Eastern Basin
Pyrite Belt – Alvalade Eastern Basin • Eastern Basin targeted in SES014 • Hope was for relatively flat-lying Neves Corvo-type intercept • Sulfide zone not reached, but off-hole EM conductor suggests steep dipping target remains TSX.V: AVU 20
Slide 21: Southern Offset
Pyrite Belt – Alvalade Southern Offset • Thickest MS intercept came in SES010 • But mass is cut off on the south by zone of NNE-trending structures displaying net right lateral offset • SES001 and one historic hole constrain the target package in southern offset area, making targeting relatively str
Slide 22: Western Syncline
Pyrite Belt – Alvalade Western Syncline • Target based on understanding of structure at Sesmarias – overturned limb of Sesmarias mineralization may reach a buried syncline and then fold into an upright-oriented anticline • Magnetic anomalism shows up several 100’s of meters west of mafic flows encou
Slide 23: Historic drilling at north end of Sesmarias zone
Pyrite Belt – Alvalade Historic drilling at the north end of the Sesmarias zone shows increasing sulfides at depth adjacent to the horst block. Historic hole S4-14 did not reach implied target horizon. TSX.V: AVU 23
Slide 24: Sesmarias follow-up: SES015 to SES022
Pyrite Belt – Alvalade Sesmarias follow-up: SES015 to SES022 • SES015 to SES017 designed to laterally extend mineralization in SES002 cluster: did not hit mineralization due to structural disruptions • SES018 designed to hit downdip projection of SES010 mineralization, but missed due to fault zone:
Slide 25: SES019 and SES020 sections
Pyrite Belt – Alvalade SES019 section SES020 section TSX.V: AVU 25
Slide 26: SES021 and SES022 sections
Pyrite Belt – Alvalade SES021 section SES022 section TSX.V: AVU 26
Slide 27: Sesmarias follow-up: SES023 to SES024
Pyrite Belt – Alvalade Sesmarias follow-up: SES023 to SES024 • SES023 designed to intercept potential gossan above SES010 massive sulfide: unsuccessful due to continued structural modification • SES024 designed to extend massive sulfide a further 100 meters SE of SES021: thick gabbro sill in target
Slide 28: Reasons for first discovery in 20 years
Reasons for first discovery in 20 years • Large land package, covering favorable discovery terrane, in elephant country • Lots of available historic data and stored drill core from previous exploration programs • Geology – re-mapped all available outcrops within license area • Re-logged and sampled
Slide 29: More to come...
More to come... !! • Tertiary target areas along Neves Corvo trend at Horta, Pombal, Aldeia dos Elvas, possibly others • Furadouro area on Aljustrel trend • Numerous Tertiary target areas along Aljustrel and São Domingos trends • Monte de Bela Vista still has targets • Monte de Bela Vista to Caveira
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