Avrupa Minerals Ltd. · TSXV:AVU
Avrupa Minerals — Investor Presentation (September 2011)
39 slides from Avrupa Minerals's investor presentation, September 2011
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 • Low costs because work involves basic geological work • We work in Europe • Old established mining districts with new ideas and expertise • Variety of metals – gol
Slide 5: Business Model
Business Model Avrupa seeks partners for strategic alliances at an early stage • Identify promising districts and acquire properties, licenses • After identification of region, metals, deposit type, and possibly acquisiton of properties, turn to larger company for a strategic alliance in proposed re
Slide 6: 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 7: Experienced Management Team
Experienced Management Team 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) Paulo Caessa – Project Geologist, Alvalade JV, Portugal • +10 years of Py
Slide 8: Share Structure – Summary
Share Structure – Summary Tightly held share structure (as of 9/20/2011) • 16.1 million shares outstanding • 24.5 million shares outstanding, fully diluted • 40% of shares held by insiders, family, and friends Available cash on hand (as of 9/20/2011) • Approximately C$ 1,125,000 (consolidated Canada
Slide 9: Stock Price Chart
Stock Price Chart Courtesy of Stockwatch.com TSX.V: AVU 9
Slide 10: Recent Developments
Recent Developments Aljesur application in southern Portugal • Base and precious metals targets related to alkalic intrusion complex Arga application in northern Portugal • Adjacent to Covas license • Intrusion-related gold targets Alvito application in southern Portugal • Adjacent in part to Marate
Slide 11: Projects in Europe
Projects in Europe Portugal areas of interest • Pyrite Belt (Cu-Zn) • N. Portugal Tungsten District (W-Au) Kosovo licenses • Vardar Mineral Belt (Ag-Pb-Zn) Portugal Marateca (Cu-Zn) Alvalade JV (Cu-Zn) Kosovo Covas JV (W–Au) Glavej (Ag-Pb-Zn) Kamenica (Ag-Pb-Zn) Bajgora (Ag-Pb-Zn-Au) Selac (Ag-Pb-Zn
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 90%-owned subsidiary, MAEPA • +40 years prospecting/exploration experience in Portugal • Excellent working relationships with government and geological survey Presently hold five licenses, totaling ~1400 km2 Iberian Pyrite Belt (copper-zinc
Slide 14: Project Generation in Portugal
Project Generation in Portugal 5 licenses: 1400 km2 3 applications: 1287 km2 2 new 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 Drilling at Marateca (in progress): 3 holes, ~1300 meters • 2 massive sulfide targets • 1 stockwork/feeder zone target • 9 other target areas on license Alvalade Joint Venture with Antofagasta Minerals SA • Includes Alvalade, Canal Caveira, and Ferreira do Alentejo li
Slide 17: Marateca Project
Marateca Project Drill locations (purple), other targets (red) at Marateca TSX.V: AVU 17
Slide 18: Alvalade JV
Alvalade JV Northern Belt Aljustrel Belt Neves Corvo Belt Inferred subsurface geology on Alvalade license TSX.V: AVU 18
Slide 19: Alvalade JV
Alvalade JV Alvalade residual gravity: note numerous individual gravity highs along belts and previously unrecognized subsurface structural modification of the district TSX.V: AVU 19
Slide 20: Alvalade JV
Alvalade JV Avrupa / MAEPA / Antofagasta Minerals SA JV • Initial 6-month compilation and due diligence period: Antofagasta commits US$ 300,000 to complete geophysical/geological/geochemical compilation and drill targeting on three licenses that make up the Alvalade Project: Alvalade, Canal Caveira,
Slide 21: Project Generation in Portugal
Project Generation in Portugal 5 licenses: 1400 km2 3 applications: 1287 km2 2 new joint ventures: Alvalade JV (Antofagasta Minerals) Covas JV (Blackheath Resources) Caveira Mine, Alvalade JV TSX.V: AVU 21
Slide 22: 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 23: Covas Tungsten District – NE Portugal
Covas Tungsten District – NE Portugal 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 in Covas Do
Slide 24: 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 24
Slide 25: Covas JV
Covas JV Gold and tungsten soil anomalies in the Covas Dome target area (2010) TSX.V: AVU 25
Slide 26: Covas JV
Covas JV New anomalies from re-processed ground magnetic data (2011) TSX.V: AVU 26
Slide 27: Covas JV
Covas JV Intrusion-related gold target area along E-W mag lineament (2011) TSX.V: AVU 27
Slide 28: Covas JV
Covas JV Avrupa / MAEPA / Blackheath Resources JV • To earn-in to 51% of the Covas Project, Blackheath must make exploration expenditures of € 300,000 by March 20, 2013, with € 150,000 guaranteed by March 20, 2012. • To earn a further 19%, to a total of 70% of the Covas Project, Blackheath must incu
Slide 29: Exploration in Portugal
Exploration in Portugal Aljesur application • Intrusive related possibilities • Known Cu-Zn stream silt anomalies • Expected final approval in Q4 2011 Alvito application • Ossa Morena District copper, gold possibilities • Covers IPB targets at margins of Marateca license Arga application • Intrusion
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 Exploration in Kosovo thru 92.5%-owned subsidiary, IEK • Experience in Kosovo since 2002, with UNMIK, Trepça, IEK • Excellent relations with government and ICMM (mining bureau) • Long-term exploration and mining experience • Successful explorationists and prospect genera
Slide 32: Project Generation in Kosovo
Project Generation in Kosovo 4 licenses: 167 km2 • 3 in northern Vardar Zone • 1 in southern Vardar Zone • One application in process Areas of National Interest • Spread around country • Several areas contain attractive Ag-Pb-Zn targets at surface • ICMM will set auction rules in future Kamenica pro
Slide 33: Vardar Zone – Glavej
Vardar Zone – Glavej Glavej License (8.1 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 • Pogledalo d
Slide 34: Vardar Zone – Selac
Vardar Zone – Selac Selac License (36.9 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 jasperoi
Slide 35: Vardar Zone – Bajgora
Vardar Zone – Bajgora Bajgora License (76.5 km2) • Acquired in early 2011, as a result of GIS-based generative program • Numerous Saxon-age workings and prospects discovered on and around the license area • Strong gold anomaly reported from government-sponsored regional stream sediment sampling prog
Slide 36: Vardar Zone – Kamenica
Vardar Zone – Kamenica Kamenica License (45 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) • Shallow-buried, structure-controlled, carbonate-hosted massive
Slide 37: 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 37
Slide 38: The Near Future
The Near Future New license applications in Portugal Complete Marateca drilling; Serrinha follow-up underway Initial Study period of Alvalade JV Project • Mapping at Aldeia dos Elvas producing new drill targets • Regional gravity and magnetics data re-processing produces new targets • Surface work a
Slide 39: 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 District • Marateca exploration drilling in the Pyrite Belt • New license applications for base and precious metals in the pipeline Solid
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