New release announcing QT - MOI comments (00347716-2).DOC
TSX-V: AVU FRANKFURT: 8AM
410 - 325 Howe Street, Vancouver, BC Canada V6C 1Z7 T: (604) 687-3520 F: (888) 889-4874
October 26, 2015 NR 17 - 2015
Avrupa reports further drill results at Slivovo
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120 meters @ 5.37 g/t gold and 23.15 g/t silver in SLV028
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27 meters @ 6.39 g/t gold and 34.97 g/t silver in SLV029
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37 meters @ 3.98 g/t gold and 6.25 g/t silver in SLV031
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63.65 meters @ 2.34 g/t gold and 9.28 g/t silver in SLV032
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42 meters @ 9.20 g/t gold and 9.57 g/t silver in SLV033
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35 meters @ 4.10 g/t gold and 15.79 g/t silver in SLV034
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55.85 meters @ 2.79 g/t gold and 19.5 g/t silver in SLV035
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42 meters @ 3.18 g/t gold and 9.04 g/t silver in SLV036
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All drill holes reported in this group targeted gold and silver mineralization in the main Peshter Gossan Zone.
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Drill hole 28 was drilled obliquely through the center of the block of known gold and silver mineralization to test the internal continuity of the deposit.
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Drill hole 29 was drilled parallel to drill hole 28 to test and extend the west side of the known mineral block.
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Drill holes 30 through 36 were drilled to test the thickness of the block of precious metals' mineralization.
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Results are in line with previous drilling, further defining the internal continuity of mineralization, as well as extending the deposit to the west and southwest.
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As reported previously, geological results of the drilling suggest several targets for potential additional mineralization close to the present Peshter gold-silver deposit.
Avrupa Minerals Ltd. (AVU:TSXV) is pleased to announce further results from drilling from the Peshter Gossan target zone at the Slivovo project. The project is operated by Avrupa, and funded by partner, Byrnecut International Ltd. (BIL). BIL has completed 51% earn-in requirements by spending € 1million for exploration on the Slivovo license.
The Company has completed the Phase 3 drilling program, drilling 46 holes totaling 5,040 meters since the beginning of drilling program in Q4 2014. Results for the final ten holes are pending, but expected by the end of October. Compilation of all drilling results is ongoing, and is also expected to be completed within the next few weeks. Full gold and silver intercept information has been placed on the Avrupa website, and Company geologists are constructing a set of geological cross sections that will also be placed on the website when completed.
Paul W. Kuhn, President and CEO of Avrupa Minerals, stated, 'The drilling results at Slivovo continue to demonstrate the continuity of gold and silver mineralization in the Peshter block. Further understanding of the geological and structural controls of the
deposit has allowed The Company to consider several new blind gold targets close-in to the known mineralization, in addition to several already-discovered surface possibilities located around the license. We look forward to testing the potential of the overall Slivovo target area.'
The following figures show the drill hole locations, a summary of gold results to date, and detailed summaries of the results for SLV028 through SLV036.
Figure 1. Location and trace of drill holes SLV028 through SLV036 (in red)
Figure 2. Drill traces of gold mineralization at Peshter Gossan and Extension zones, through SLV036.
Drill results from SLV028
|
From (m)
|
To (m)
|
Interval (m)
|
Gold -- g/t
|
Silver -- g/t
|
|
29
|
149
|
120
|
5.37
|
23.15
|
|
Including
|
|
119
|
147
|
28
|
8.26
|
23.74
|
Drill results from SLV029
|
From (m)
|
To (m)
|
Interval (m)
|
Gold -- g/t
|
Silver -- g/t
|
|
37
|
64
|
27
|
6.39
|
34.97
|
|
And
|
|
80
|
82
|
2
|
8.63
|
79.25
|
Drill results from SLV030
|
From (m)
|
To (m)
|
Interval (m)
|
Gold -- g/t
|
Silver -- g/t
|
|
NSV
|
NSV
|
NSV
|
Drill results from SLV031
|
From (m)
|
To (m)
|
Interval (m)
|
Gold -- g/t
|
Silver -- g/t
|
|
0
|
37
|
37
|
3.98
|
6.25
|
Drill results from SLV032
|
From (m)
|
To (m)
|
Interval (m)
|
Gold -- g/t
|
Silver -- g/t
|
|
18
|
81.65
|
63.65
|
2.34
|
9.28
|
|
Including
|
|
26
|
31
|
5
|
8.95
|
7.56
|
|
And
|
|
49
|
76
|
27
|
2.89
|
11.94
|
Drill results from SLV033
|
From (m)
|
To (m)
|
Interval (m)
|
Gold -- g/t
|
Silver -- g/t
|
|
0
|
42
|
42
|
9.20
|
9.57
|
|
Including
|
|
7
|
15
|
8
|
11.06
|
5.19
|
|
And
|
|
21
|
42
|
21
|
13.96
|
13.79
|
|
Including
|
|
24
|
29
|
5
|
46.54
|
26.36
|
Drill results from SLV034
|
From (m)
|
To (m)
|
Interval (m)
|
Gold -- g/t
|
Silver -- g/t
|
|
0
|
35
|
35
|
4.10
|
15.79
|