Avrupa Minerals Ltd. · TSXV:AVU
Avrupa Minerals — Investor Presentation (December 2012)
43 slides from Avrupa Minerals's investor presentation, December 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 • We work in Europe • Old established mining districts with new ideas and expertise • Variety of metals – gold, silver, copper, lead, zinc, tungsten • Stable politic
Slide 5: Business Model -- Results
Business Model -- Results Two joint ventures, to date, in Portugal • Alvalade Joint Venture with Antofagasta Minerals (AMSA) • Covers 3 licenses in Pyrite Belt of Portugal (940 km2) • AMSA has spent approximately US$ 2.7 million • AMSA must expend a further US$ 1.5 million to earn-in to 51% of the p
Slide 6: Share Structure – Summary
Share Structure – Summary Tightly held share structure (as of 11/30/2012) • 28.6 million shares outstanding • 50.4 million shares outstanding, fully diluted • 46% of shares held by insiders, family, and friends Available cash on hand (as of 11/30/2012 – post financing) • Approximately C$ 958,000 on
Slide 7: Stock Price Chart
Stock Price Chart Courtesy of Stockwatch.com TSX.V: AVU 7
Slide 8: Projects in Europe
Projects in Europe Portugal areas of interest Germany Erzgebirge JV (Au-W) • Pyrite Belt (Cu-Zn) • N. Portugal Tungsten District (W-Au) • Ossa Morena Zone (Porphyry Cu-Au) North Portugal Kosovo licenses Covas JV (W–Au) • Vardar Mineral Belt (Ag-Pb-Zn) Arga (Au) Sabroso (Au-W) • Sharr-Dragesh intrusi
Slide 9: Recent Developments -- Portugal
Recent Developments -- Portugal New licenses issued • Two licenses in North Portugal tungsten-gold belt – Sabroso, Candedo • One license in an unexplored area of the Pyrite Belt in South Portugal -- Sines Phase 2 drilling completed on the Alvalade JV project, November 2012 • 8 holes, 3,491 meters co
Slide 10: Recent Developments -- Kosovo
Recent Developments -- Kosovo Slivovo Ag-Pb-Zn exploration license issued and first-pass exploration underway, November 2012 • Stream silt program completed, follow-up soil grids and rock chip sampling completed over several anomalous areas – two zones of anomalous gold results discovered • Au-beari
Slide 11: Recent Developments -- Germany
Recent Developments -- Germany First-pass recon field work completed, November 2012 • Regional sediment sampling program completed -- 430 samples collected • First-pass reconnaissance prospecting and geological mapping completed • Numerous old workings discovered and sampled, waiting on final result
Slide 12: 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 13: Project Generation in Portugal
Project Generation in Portugal Exploration in Portugal thru 100%-owned subsidiary, MAEPA • +40 years prospecting/exploration experience in Portugal • Excellent working relationships with government and geological survey Avrupa holds 12 licenses, totaling ~2,775 km2 Iberian Pyrite Belt (copper-zinc):
Slide 14: Project Generation in Portugal
Project Generation in Portugal 12 licenses: 2,775 km2 2 Joint Ventures: Alvalade JV (Antofagasta Minerals) Covas JV (Blackheath Resources) Caveira Mine, Alvalade JV TSX.V: AVU 14
Slide 15: 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 15
Slide 16: 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 940 km2 in area; +85 line km prospective belts • Phase 1 drilling completed at Aldeia dos Elvas, Monte da Bela Vista, and Azinheir
Slide 17: Alvalade JV
Alvalade JV Inferred subsurface geology on Alvalade JV license block TSX.V: AVU 17
Slide 18: Pyrite Belt – Southern Portugal
Pyrite Belt – Southern Portugal Prospecting report and anomaly upgrade completed at Marateca • Five anomalous areas visited and upgraded to targeting status – further detailed mapping and sampling needed to bring to drill-ready level • New understanding of regional geology and structure, gained from
Slide 19: Marateca Project
Marateca Project 12 mostly untested target areas at Marateca (Avrupa drill locations in purple) TSX.V: AVU 19
Slide 20: 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 21: Covas JV
Covas JV 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 and prioritizing in Covas Dome and Skarn
Slide 22: 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 22
Slide 23: Covas JV
Covas JV Gold and tungsten soil anomalies in the Covas Dome target area (2010) TSX.V: AVU 23
Slide 24: Covas JV
Covas JV New anomalies from re-processed ground magnetic data (2011) TSX.V: AVU 24
Slide 25: Covas JV
Covas JV Intrusion-related gold target area along E-W mag lineament (2011) TSX.V: AVU 25
Slide 26: Alvito Project
Alvito Project Alvito license, adjacent to Marateca: Note that pinks and purples indicate porphyry areas, while yellows and browns cover Pyrite Belt target areas. TSX.V: AVU 26
Slide 27: Alvito Project
Alvito Project Copper anomalism in soil samples on Alvito license: NW-trending zone is nearly 25 km long and 3-4 km wide. TSX.V: AVU 27
Slide 28: Alvito Project
Alvito Project Zinc anomalism in soil samples on Alvito license: NW-trending zone is more spread out than copper anomalism and may delineate other targets TSX.V: AVU 28
Slide 29: Exploration in Portugal
Exploration in Portugal New exploration licenses Arga license • Intrusion-related gold targets • Anomalous Au, As, Bi, Pb, Te, Sn, W in quartz vein swarms • Adjacent to Covas JV Arcas, Candedo, and Sabroso licenses • Developing N. Portugal tungsten-gold belt • 18 select samples of quartz veins spati
Slide 30: 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 31: Project Generation in Kosovo
Project Generation in Kosovo Presently hold five licenses, totaling ~153 km2 Vardar Mineral Zone (silver-lead-zinc): Glavej, Kamenica, Selac, and Slivovo • Shear-hosted, carbonate replacement massive sulfide deposits • Newly recognized possible porphyry system potential • Gold possibilities at Slivo
Slide 32: Project Generation in Kosovo
Project Generation in Kosovo 5 licenses: 153 km2 • 2 in northern Vardar Zone • 2 in southern Vardar Zone • 1 in Sharr-Dragash intrusion complex Areas of National Interest • Spread around country • Several areas contain attractive Ag-Pb-Zn targets at surface • ICMM will set auction rules in future Ka
Slide 33: Vardar Zone – Slivovo gossan discovery
Vardar Zone – Slivovo gossan discovery Slivovo License (15.14 km2) • Acquired Q2 2012, as a result of GIS-based generative program and discovery of previously-unreported surface mineralization • Discovered a Vardar-style, gold-bearing gossan zone at/near the intersection of NNW-trending Vardar fault
Slide 34: Vardar Zone – Kamenica
Vardar Zone – Kamenica Kamenica License (21.65 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
Slide 35: Vardar Zone – Glavej
Vardar Zone – Glavej Glavej License (4.02 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 dril
Slide 36: Vardar Zone – Selac
Vardar Zone – Selac Selac License (36.88 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 jaspero
Slide 37: Sharr-Dragesh Complex – Koritnik
Sharr-Dragesh Complex – Koritnik Koritnik License (75.58 km2) • Acquired in early 2012, as a follow-up to regional copper-gold SS anomalies and GIS-based generative program • No previously-recorded explolration in district • First-pass mapping and geochemical results indicate presence of several str
Slide 38: 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 38
Slide 39: 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 40: 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 41: 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 42: The Near Future
The Near Future Results from Phase 2 drilling at Alvalade JV in the Pyrite Belt of Portugal • Visual copper mineralization in three of eight drill holes • Monte da Bela Vista hole has visually stronger alteration and mineralization than initial hole drilled in Phase 1 • Planning for Phase 3 drilling
Slide 43: 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 Belt • Upgraded targeting at Marateca in the Pyrite Belt • Alvito porphyry Cu-Au project • New license in N. Portugal Tungsten Belt Solid
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