Avrupa Minerals Ltd. · TSXV:AVU
Avrupa Minerals — Investor Presentation (July 2011)
39 slides from Avrupa Minerals's investor presentation, July 2011
Slide 1: Avrupa Minerals - European Prospect Generator
AVRUPA MINERALS EUROPEAN PROSPECT GENERATOR AVU: TSX.V
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 regardi
Slide 3: 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 – g
Slide 4: 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
Slide 5: People – Directors and Officers
PEOPLE – 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 • Pr
Slide 6: People – Experienced Management Team
PEOPLE – 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 ye
Slide 7: Share Structure – Summary
SHARE STRUCTURE -- Summary Tightly held share structure (as of 6/30/2011) • 16.1 million shares outstanding • 24.5 million shares outstanding, fully diluted • 40% of shares held by insiders, family, and friends Cash on hand (as of 6/30/2011) • Approximately C$ 1,580,000 • Approximately C$ 5,510,
Slide 8: Stock Price Chart
STOCK PRICE CHART Courtesy of Stockwatch.com AVU: TSX.V
Slide 9: Recent Developments
RECENT DEVELOPMENTS Acquired 3 new licenses in Kosovo • Bajgora, Selac, and Rezhanc Aljesur application in southern Portugal • Base and precious metals targets related to alkalic intrusion Commenced drilling at Marateca, Portugal • 3 holes planned/underway at Serrinha, São Martinho, and Volta
Slide 10: 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) • Macedonian Porphyry Belt (Cu) Portugal Marateca (Cu-Zn) Alvalade JV (Cu-Zn) Kosovo Covas JV (W–Au) Glavej (Ag-Pb-Zn) Kamenica (Ag-Pb-Zn) Bajgo
Slide 11: 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 an
Slide 12: 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 (coppe
Slide 13: Project Generation in Portugal
PROJECT GENERATION IN PORTUGAL 5 licenses: 1400 km2 1 application: 270 km2 2 new joint ventures: Alvalade JV (Antofagasta Minerals) Covas JV (Blackheath Resources) Caveira Mine, Alvalade JV AVU: TSX.V
Slide 14: Pyrite Belt – Southern Portugal
PYRITE BELT – SOUTHERN PORTUGAL Northern Belt Aljustrel Belt Neves Corvo Belt Well-positioned in the northern Pyrite Belt AVU: TSX.V
Slide 15: 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 Alentej
Slide 16: Marateca Project
MARATECA PROJECT Drill locations (purple), other targets (red) at Marateca AVU: TSX.V
Slide 17: Alvalade JV
ALVALADE JV Northern Belt Aljustrel Belt Neves Corvo Belt Inferred subsurface geology on Alvalade license AVU: TSX.V
Slide 18: Alvalade JV
ALVALADE JV Alvalade residual gravity: note numerous individual gravity highs along belts AVU: TSX.V
Slide 19: 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/geochem- ical compilation and drill targeting on three licenses that make up the Alvalade Project: Alvalade, Canal Cave
Slide 20: Project Generation in Portugal
PROJECT GENERATION IN PORTUGAL 5 licenses: 1400 km2 1 application: 270 km2 2 new joint ventures: Alvalade JV (Antofagasta Minerals) Covas JV (Blackheath Resources) Cerdeirinha open pit, Covas tungsten project AVU: TSX.V
Slide 21: 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 ~1 million mt @ 0.7% WO3 • 329 drill holes, ~27,000 meters total drilling in Skarn Ring • Only 40% of Skarn Ring tested • Virtually no explorati
Slide 22: 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
Slide 23: 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 AVU: TSX.V
Slide 24: Covas JV
COVAS JV Gold and tungsten soil anomalies in the Covas Dome target area (2010) AVU: TSX.V
Slide 25: Covas JV
COVAS JV New anomalies from re-processed ground magnetic data (2011) AVU: TSX.V
Slide 26: Covas JV
COVAS JV Intrusion-related gold target area along E-W mag lineament (2011) AVU: TSX.V
Slide 27: 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 in
Slide 28: Exploration in Portugal
EXPLORATION IN PORTUGAL Aljesur application • Intrusive related possibilities • Known Cu-Zn stream silt anomalies • Expected final approval in Q4 2011 Other applications in process • Numerous areas of interest • Much of country has not seen systematic modern exploration for Au-Ag, Cu, REE’s, and oth
Slide 29: 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
Slide 30: 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 gene
Slide 31: Project Generation in Kosovo
PROJECT GENERATION IN KOSOVO 5 licenses: 186 km2 • 3 in northern Vardar Zone • 1 in southern Vardar Zone • 1 in Macedonian Porphyry Belt 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
Slide 32: Vardar Zone – Glavej
VARDAR ZONE -- GLAVEJ Glavej License (8.1 km2) • Close to world class Stan Terg Mine (historic production of >25 mt @ +10% Pb + Zn and 80 g/t Ag – non NI 43-101 compliant estimate) • 2 high-priority target zones identified – Pogledalo and Spate • Pogledalo drill ready – geological, geochemical, ge
Slide 33: 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 extensions and other high quality potential target zones • Gossans and jasperoids located around possible
Slide 34: 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 p
Slide 35: Vardar Zone – Kamenica
VARDAR ZONE -- KAMENICA Kamenica License (45 km2) • On strike with world class Artana Mine (historic production of >18 mt @ +10% Pb and Zn; 140 g/t Ag; and 1 g/t Au – non NI 43- 101-compliant estimate) • Shallow-buried, structure-controlled, carbonate-hosted massive sulfide mineralization at/aroun
Slide 36: Macedonian Porphyry Belt – Rezhanc
MACEDONIAN PORPHYRY BELT -- REZHANC Rezhance (19 km2) • Buried, conceptual target: structural features seen from satellite imagery point to the possibility of a shallow-buried porphyry or volcanic system • Several known copper showings and old prospects located along shears and micro-shear zones •
Slide 37: Exploration in Kosovo
EXPLORATION IN KOSOVO Ongoing GIS-based prospect generation program New ideas, models, incl. Cu-Au Areas of National Interest Trepça potential Seeking exploration strategic alliance or JV’s Metallogenic Map of Kosovo (ICMM) AVU: TSX.V
Slide 38: The Near Future
THE NEAR FUTURE New license applications in Portugal Initial work period of Alvalade Project • Re-logging of up to 10,000 meters of old core • Continuation of regional gravity and magnetics data re-processing • Surface work at Azinheira dos Barros, Caveira, other locations Start-up of scout dr
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 So