Avrupa Minerals Ltd. · TSXV:AVU
Avrupa Minerals — Investor Presentation (May 2018)
23 slides from Avrupa Minerals's investor presentation, May 2018
Slide 1: World Class Districts, New Discoveries, Shareholder Value
TSX.V: AVU FRANKFURT: 8AM US DTC: AVPMF World Class Districts New Discoveries Shareholder Value TSX.V: AVU
Slide 2: Disclaimers
Disclaimers 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 regarding potential mi
Slide 3: Avrupa is an Opportunity Generator
Avrupa is an Opportunity Generator Early-stage projects are a Risk-Filled business. We Minimize risk by: FOCUSING ON WORLD CLASS DISTRICTS Iberian Pyrite Belt (Portugal), Vardar Trend (Kosovo), N. Portugal W-Au Belt (Portugal) WORKING IN MINING FRIENDLY JURISDICTIONS Portugal, Kosovo, and Germany UT
Slide 4: Summary of Projects
Summary of Projects Projects optioned out Germany Erzgebirge JV (Au-W) Portugal • Alvito JV – OZ Minerals Kosovo • Slivovo – Byrnecut International JV agreements in final review North Portugal Portugal Covas (W–Au) • Alvalade, Marateca, Mertola Available projects: • 1 Ag-Pb-Zn license in Kosovo • 1
Slide 5: Avrupa in the IPB, Portugal
Avrupa in the IPB, Portugal Quality development projects are not found everywhere. We provide the following unique opportunities: MINING FRIENDLY PORTUGAL WORLD CLASS MINING REGION – The Iberian Pyrite Belt • Three licenses – Alvalade, Mertola, Marateca • Three former operating mines – Lousal, São D
Slide 6: Pyrite Belt – Mines and deposits
Pyrite Belt – Mines and deposits Producing Mine Badajoz Past Producer Lisbon Known Deposit Setubal SPAIN PORTUGAL Iberian Pyrite Belt Madrid Lisbon Rail Line Lagoa Salgada Sevilla Caveira • Las Cruces produced 73,643 tonnes Lousal Beja of cathode copper in 2016. Sines Aljustrel Aracena • Aguas Tenid
Slide 7: AVU projects in the IPB, Portugal
AVU projects in the IPB, Portugal • World class district • Large land package • Metal resource in situ • Potential to increase resource • Potential for fast mine startup • New discoveries • Alvalade Brownfields to Development o Lousal Mine o Caveira Mine o Sesmarias Discovery o Monte da Bela Vista •
Slide 8: Alvalade – Now 100% AVU
Alvalade – Now 100% AVU 2017 Avrupa regains 100% control of Project 2016 SES010 massive sulfide lens at 400m length, 15- 20m thick 2015-2016 Colt Resources takes over Project 2014 Drilling expands mineralization to 1.8 kms 2014 Discovery at Sesmarias and Monte da Bela Vista 2012 $4M Option agreement
Slide 9: Caveira-Lousal-Sesmarias District
Caveira-Lousal-Sesmarias District Fresh look at an old district • Mining history since pre-Roman times • Lousal Mine – mined for pyrite, with copper-zinc sulfides left in the ground o Estimated 50 mt 0.7% Cu, 1.4% Zn o Only 15-20 mt of high S material mined • Caveira Mine – mined for pyrite, with co
Slide 10: São Domingos District
São Domingos District Fresh look at an old district • Mining history since pre-Roman times • São Domingos Mine o Reported 4-5% Cu supergene blanket to 180 level o Reported from 180 level to 390 level (bottom?) 0.75 to 1% Cu o 1974 report described a non-NI43-101 compliant resource estimated to be 27
Slide 11: Marateca
Marateca Greenfields look at an ignored district • Manganese prospects at Serrinha • Avrupa drilling at Serrinha intercepted stockwork sulfide veining • Gossan at Pego do Altar continues downdip below surface o Scout drilling intercepted sulfides o Ground geophysics suggests further downdip potentia
Slide 12: Alvito Option w/OZ Minerals
Alvito Option w/OZ Minerals Target areas in the Alvito JV Project with partner OZ Minerals TSX.V: AVU 12
Slide 13: Alvito Option w/OZ Minerals
Alvito Option w/OZ Minerals Strong geochemical anomalism supported by recently completed ground geophysics and geological mapping have led to the delineation of at least 10 target areas. Drilling started in April 2018. TSX.V: AVU 13
Slide 14: Alvito Option w/OZ Minerals
Alvito Option w/OZ Minerals Drilling starts at Alvito IOCG Project. Plans for 15 holes, totaling 2,100 meters at 7 separate targets. TSX.V: AVU 14
Slide 15: Partner
Partner As an Opportunity Generator, we are looking for joint venture partners for our projects to advance the successful exploration programs to production. The opportunities are early stage, but with below normal risk. ➢ Past producers located on two of three licenses ➢ We hold an entire 50+ mt di
Slide 16: Mining in Portugal
Mining in Portugal Portugal is a safe, stable mining-friendly jurisdiction. • Can permit a new mine • Can build a new mine • Excellent infrastructure • Amenable taxation and royalty system • Government supports mining • Stable political system • Local support high • Ready/able workforce available •
Slide 17: Capex in Portugal
Capex in Portugal Costs to build in the Portuguese IPB • The cost to build original Neves Corvo (1986-90) o € 200 million for the mine o € 150 million for surface facilities • The cost to re-start Aljustrel in 2007, after 14 years of care and maintenance (Lundin Mining reopens the mine as a zinc pro
Slide 18: Summary
Summary Unique opportunity in a world class district. Modern review of past-producing mines repeats the Aljustrel story – metamorphosis from a defunct pyrite mine to a world class polymetallic mine. 21st century exploration model applied to an old dis- trict repeats the Neves Corvo story – new ideas
Slide 19: Plans for 2018
Plans for 2018 Establish new joint ventures at Alvalade, Mertola, and Marateca in Portugal – Underway, close to completion!! Continue exploration work at Alvito: 2,100 meters drilling planned for Q2 2018 -- Underway New projects, generative exploration in Portugal and Kosovo -- Underway Establish po
Slide 20: Share structure
Share structure Tightly held share structure (as of 3/31/2018) • 93.7 million shares outstanding • 144.3 million shares outstanding, fully diluted • 46% of shares held by insiders, family, and friends Cash from JV’s and Operating Partners • Antofagasta spent US$6,456,000 from beginning of project in
Slide 21: Management and Directors
Management and Directors Mark T. Brown – Director, Executive Chairman • President, Pacific Opportunity Capital, a financial consulting firm • Previously at PriceWaterhouseCoopers, Miramar, and Eldorado • Founder of Rare Element Resources, financier, listed it on NYSE Amex. Paul W. Kuhn – Director, P
Slide 22: Management and Directors
Management and Directors Paul I. Nelles – Director • +40 years worldwide experience in metals exploration management and production • Previously Deputy Managing Director of Kosovo Trust Agency and Trepça Manager, United Nations Mission in Kosovo (UNMIK) Frank Högel – Director • CEO, Peter Beck Perfo
Slide 23: Contact us
TSX.V: AVU FRANKFURT: 8AM US DTC: AVPMF Contact us: info@avrupaminerals.com www.avrupaminerals.com Mark T. Brown – Director, Executive Chairman Phone: +1-604-687-3520, ext. 242 Paul W. Kuhn – Director, President, and CEO Phone: +351-92-5972240