Avrupa renews exploration licenses in Kosovo


December 15, 2010

  • Glavej License - 8.1 km2, near historic production at Stan Trg
  • Kamenica License - 45 km2, drilling planned in Q2 2011

Avrupa Minerals Ltd. (AVU:TSXV) is pleased to announce that the Glavej and Kamenica exploration licenses, held in Kosovo by 92.5%-owned subsidiary Innomatik Exploration Kosovo (IEK), have been renewed for a two-year period under Kosovo’s new mining law.  The two exploration areas cover large areas which are prospective for base metals and gold, and both are close to historic and current mining operations.

Glavej License

The Glavej license, 8.1 square kilometers in size, is located 40-45 kilometers north of the capital Prishtine.  The license lies close to the historic, and presently producing, Stan Trg1 base metal mine, which has operated intermittently for more than 1,000 years, and has reportedly produced upwards of 25 million tons of +10% Lead (Pb) and Zinc (Zn), and 80 g/t Silver (Ag). 

Avrupa’s team has generated two potential base metal massive sulfide drill targets on the Glavej license at Pogledalo and Spate.  Anomalous lead and zinc in soil geochemistry extends for over 800 meters of strike length at Pogledalo, and is partially coincident with ground geophysical anomalies, and the presence of an outcropping gossan zone.  The target area appears to be open along strike in both directions.  At Spate, there is evidence of an old exploration tunnel, and locals report that massive sulfide mineralization is present in the old workings.  Avrupa intends to drill the Pogledalo anomaly in the 2nd quarter of 2011.  Avrupa is also making plans to access the Spate workings.  The object of the 2011 exploration program is to upgrade the target areas to possible joint venture stage.

Kamenica License

The Kamenica license is located 15-20 kilometers east of Prishtine, and covers approximately 45 square kilometers.  Targets in the Kamenica license are located 2 to 5 kilometers, along strike, from the historic Artana Ag-Pb-Zn-Au mine.  The Artana Mine1, also very long-lived, has reportedly produced at least 18 million tons of +10% Pb and Zn, 140 g/t Ag, and 1 g/t Au, over its continuing operation.

Avrupa’s exploration team has generated three initial geochemical/geophysical/ geological target areas at Kamenica, two of which have old exploration tunnels or shafts with reported massive sulfide mineralization. Location of the old workings coincides with electromagnetic anomalies, in addition to geochemical anomalies.  Avrupa is continuing to upgrade the targets at the Grbes, Metovic, and Ajdarovic targets through more detailed mapping and sampling, and plans to undertake initial drilling in the 2nd quarter of 2011.  The goal of the drilling at the three targets, as at Glavej, is to upgrade the anomalies to potential joint venture stage.

Paul W. Kuhn, CEO of Avrupa Minerals, noted that the renewal of the two licenses was one of the keys to bringing Avrupa to “critical mass” in Kosovo.  The other key for Avrupa in Kosovo is the generation of new prospects in the country.  The Avrupa team recently started a prospect generation program, using a combination of publicly available geological, geochemical, and geophysical information, proprietary LANDSAT 7 alteration data, and general structural knowledge of the region to identify new target areas.  The two-part goal of the generative work is to add high quality base and precious metal prospects to Avrupa’s portfolio, then advance the properties to a level where the entire package becomes attractive to a potential joint venture mining partner who will then continue to move the properties forward to possible mining stage.

The highly mineralized Vardar Mineral Trend passes through Kosovo from north to southeast.  Historically, the Vardar has been one of Europe’s most significant silver-lead-zinc producing districts, with mining known from at least as far back as Roman times.  Both of Avrupa’s properties lie along the main Vardar Trend, and the prospect generation program is mostly targeting the Vardar Trend, for now.

Kosovo is a small country which has been independent for about two years now.  The government is democratically elected, and enjoys continued in-country support from the European Union and the United Nations.  The government recently instituted a new European-styled mining law, and Avrupa’s IEK is one of the first companies to go through the renewal process under the new mining law.

Avrupa Minerals Ltd. is a growth-oriented junior exploration and development company focused on aggressive exploration, using a prospect generator model, for valuable mineral deposits in politically stable and prospective regions of Europe, including Portugal and Kosovo.

Avrupa has an exciting portfolio of exploration projects consisting of:

  • Copper and Zinc in Portugal at Marateca, Alvalade, Canal Caveira, and Ferreira do Alentejo in the Iberian Pyrite Belt, where Europe’s richest active copper mine is located;
  • Tungsten in Portugal at the Covas prospect;
  • Silver, Lead and Zinc in Kosovo at the Glavej and Kamenica properties in the Trepça Mineral Belt of the Vardar Zone, historically, Europe’s most productive district for lead and zinc.

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

On behalf of the Board,

“Paul W. Kuhn”

                                               
Paul W. Kuhn, President & Director

 1. The historic production information for the Stan Trg and Artana Mines is non - NI 43-101 " compliant, though Avrupa Minerals is of the opinion that the information is accurate with respect to available production records.  Production information was compiled during UNMIK (United Nations Mission in Kosovo) administration of Trepça Mines after the war in Kosovo.

This news release was prepared by Company management, who take full responsibility for its content.  Paul W. Kuhn, President and CEO of Avrupa Minerals, a Licensed Professional Geologist in the State of Washington, USA, is a Qualified Person as defined by National Instrument 43-101 of the Canadian Securities Administrators.  He has reviewed the technical disclosure in this release.

Neither 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.