Finland regions

Avrupa Minerals Announces Sampling Results and Progress at the VMS Target in Kolima, Finland

(TheNewswire)

  • Geochemical results confirm the presence of distal and disseminated VMS-type zinc mineralization, although the source is still unknown;

  • Multi-elemental and exploratory geochemistry supports the possibility of massive proximal VMS-like mineralization within a 5 km radius;

  • The combination of geology, SkyTEM geophysics and new geochemical results suggests several well-defined target areas for first pass drilling upon issuance of the exploration permit.

Vancouver, BC – TheNewswire – June 21, 2022 – Avrupa Minerals Ltd. (TSXV:AVU) (OTC: AVPMF) (FRANKFURT: 8am) is pleased to provide a follow-up progress report covering work related to the Kolima exploration application area in the Pyhäsalmi mining district in central Finland. Avrupa previously reported on the initial work and exploration permit application at Kolima in an earlier press release dated April 12, 2022 ( Avrupa Minerals Announces Early Progress on the Kolima Project ).

The company has contracted with the Finland Geological Survey (GTK) to re-log and sample four historical drill holes representative of the Kolima exploration projects carried out from the mid-1950s to the early 1980s by GTK. New logging from the four drill holes, totaling 743.55 meters and located along a strike length of 2 kilometers, indicates that predominantly disseminated zinc mineralization is present, for the most part, through long intervals of volcanic rocks and mixed sedimentary which form the core of the district-wide Kärnä Anticline. Holes that were started further west in the western flank of the anticline tended to have thicker zones of zinc mineralization, while the southeasternmost hole, drilled at the edge of the eastern flank of the anticline, contained the least target volcano-sedimentary sediments. rocks, and therefore little zinc mineralization.

Paul W. Kuhn, President and CEO of Avrupa, said, “Mastering the geology of the Kolima target area, combining it with already known geophysical targets, and now adding supporting zinc and multi- elements gives us a clear vision. as to where to drill when we receive the exploration license. It is a well-thought-out targeting process that utilizes the company’s solid knowledge of volcanogenic massive sulphide systems. We look forward to completing the application process and getting to work drilling. .”

In addition to the disseminated sulphide intervals, detailed logging also revealed the presence of several thin beds of semi-massive to massive sphalerite, zinc sulphide, up to one meter thick, in two of the holes, again suggesting Representative drilling cut off the distal deposition parts of a VMS system. Typical VMS pathfinder elements, including iron, manganese, antimony, arsenic, molybdenum, and locally tin, show anomalous results. The VMS metals themselves, copper, lead and silver, are also locally present at abnormal levels in the sampled core. Here are the results of zinc of interest in the holes, from north to south:

HOLE R339 – Drilled from the western flank of the Kärnä anticline; total depth of 84.5 meters; 62 samples

From (m)

to M)

Interval (m)

Zinc (%)

Remarks

29.66

29.84

0.18

2.4

Two thin beds of semi-massive sulphide mineralization in a 20 meter interval of mafic tuffs that continuously contain anomalous Zn up to 0.38%@ over one meter

44.13

44.27

0.14

4

63

63.15

0.15

7.8

Two thin beds of semi-massive sulphide mineralization in an interval of mineralized mafic tuffs containing 5.95 meters at 1.3% Zn

65

66

1

4.4

HOLE R46 – Drilled from the western flank of the Kärnä anticline; total depth of 297.6 meters; 109 samples

Of

To

Interval

Zinc

Remarks

175

179

4

0.3

Strongly anomalous zones of disseminated to weakly bedded sulphide mineralization in mixed tuffs, sediments and mafic porphyry rocks within a total intersection of disseminated zinc mineralization beginning at a depth of 175 meters and continuing to 281.9 metres. Values ​​range from 100 ppm of zinc to more than 1% over 1 to 4 meters of thickness.

205

243.3

38.3

0.2

254

268.7

14.7

0.6

254

258

4

1.4

272

281.9

9.9

0.2

HOLE R26 – Drilled from the crest of the Kärnä anticline; total depth of 151.45 meters; 70 samples

Of

To

Interval

Zinc

Remarks

21

29

8

0.3

Disseminated sulphides visible in both mixed tuff and sediment zones at the bottom of the interval

39.4

69

29.6

0.2

Hole R25 – Drilled from the eastern flank of the Kärnä anticline; total depth of 210 meters; 20 samples

Of

To

Interval

Zinc

Remarks

no significant zinc values

Table 1. Results of sampling of disseminated zinc mineralization at Kolima along the Kärnä anticline. It is encouraging to observe widespread disseminated to thin-bedded zinc mineralization in mixed volcanic and sedimentary rocks suggesting a distal VMS facies deposition environment. The anomaly of indicator elements, including iron, manganese, antimony, arsenic, molybdenum and locally tin, also suggests VMS mineralization at the distal facies. Locally anomalous values ​​of silver (up to 41.2 g/t over one meter), copper (up to 895 ppm over one meter) and lead (up to 0.39% over four meters) support further the possibility of nearby VMS mineralization.


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Figure 1. Overview of the Kolima exploration permit application (in blue) superimposed on VTEM results displaying two prominent near-surface conductors.

Figure 2. Historical geophysical map with geology, drill hole locations, major SkyTEM conductors, location of the Kärnä anticline (in blue) and overall permissive target area (yellow bands). Basemap of GTK’s work from the late 1950s to mid-1980s.

The results of the work to date are positive and a detailed review of all information carriers of the possible presence of a base metal-rich massive sulphide system at Kolima.

  • At this point, regional geophysics may indicate additional potential for favorable stratigraphy located northeast of the SkyTEM #1 anomaly between the eastern flank of the Kärnä anticline and the village of Kolima. There is no known historical drilling in this area (represented by a yellow striped area).

Avrupa Minerals Ltd. is a growth-oriented junior exploration and development company focused on the discovery of mineral deposits, utilizing a hybrid, insight-generating business model. The Company holds a wholly owned license in Portugal, the Alvalade VMS project, currently optioned to Sandfire MATSA under a joint venture agreement with participation. The Company now holds a 100% owned exploration license covering the Slivova gold prospect in Kosovo, and is actively advancing four prospects in central Finland through the recently announced acquisition of Akkerman Finland Oy. Avrupa is focusing its project generation work in politically stable and prospective regions of Europe, currently including Portugal, Finland and Kosovo. The Company continues to seek out and develop other opportunities in Europe.

For more information, contact Avrupa Minerals Ltd. at 1-604-687-3520 or visit our website at www.avrupaminerals.com .

On behalf of the Council,

“Paul W. Kuhn”

Paul W. Kuhn, President and Director

This press release has been prepared by the management of the Company, which assumes full responsibility for its content. Paul W. Kuhn, President and Chief Executive Officer of Avrupa Minerals, Chartered Professional Geologist and Registered Member of the Society of Mining Engineers, is a Qualified Person within the meaning of National Instrument 43-101 of the Canadian Securities Administrators. It has reviewed the technical disclosure in this release. Mr. Kuhn, the qualified person, not only reviewed, but prepared and supervised the preparation or approval of the scientific and technical content of the press release.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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