The Company holds eight exploration licenses through its subsidiaries in Portugal, Kosovo, and partner in Germany.

  • In the Iberian Pyrite Belt of Portugal, the Company has just completed consolidation of the Alvalade license (see news release of June 19, 2017).  The license contains a massive sulfide discovery at the Sesmarias site, and a stockwork sulfide target zone at Monte da Bela Vista, in addition to numerous other drill targets.

  • The Alvito iron oxide copper-gold target area is optioned to OZ Minerals Limited.  First phase ground geophysics and property-wide exploration/prospecting have commenced (see news release of June 7, 2017).

  • A third license in Portugal is committed to the Covas Tungsten Joint Venture with Blackheath Resources.

  • Avrupa conducts self-funded generative exploration work in Portugal. Previously, the Company utilized funds provided by Callinan Royalties Corp. for prospect generation work. Additionally, Callinan funded more advanced early-stage exploration on the Alvito license in south Portugal, in return for a 1.5% NSR royalty covering the license. Callinan was acquired by Altius Minerals in early 2015, and Altius now holds the Alvito royalty.

  • Avrupa’s partner on the Slivovo JV, Byrnecut International Limited is presently drilling new targets at and around the Peshter Au-Ag deposit in Kosovo.

Avrupa continues to actively explore in all three countries, and may, at any time, make further applications to cover attractive possibilities in those countries or elsewhere in Europe. The map below shows the countries where Avrupa presently holds licenses and exploration permits.

Avrupa Projects Map Overview