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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (2799)	2/27/2014 7:14:27 PM
From: Goose94	Read Replies (2) \| Respond to of 202076

Recent drilling at Sesmarias South in Avrupa Minerals (AVU-V) Feb 27, '14 Alvalade joint venture project, located in the pyrite belt of southern Portugal, intersected copper-bearing massive and semi-massive sulphide mineralization. The Alvalade project is operated by Avrupa and financed by a wholly owned subsidiary of Antofagasta PLC. As previously reported, Antofagasta has earned in to 51 per cent of the project with total financing of $4.3-million (U.S.). Since the beginning of the project, the partners have drilled 28 holes and nearly 12,250 metres in all phases of drilling around the project area. Highlights First greenfields discovery of massive sulphide mineralization in 20 years in the Iberian pyrite belt; 10.85 metres of massive and semi-massive/stockwork sulphide mineralization grading 1.81 per cent copper (Cu), 2.57 per cent lead (Pb), 4.38 per cent zinc (Zn), 0.13 per cent tin (Sn) and 75.27 parts per million (ppm) silver (Ag); Including 7.95 metres at 2.21 per cent Cu, 3.05 per cent Pb, 4.82 per cent Zn, 0.15 per cent Sn, 89.8 ppm Ag; Followed by 2.90 metres at 0.71 per cent Cu, 1.27 per cent Pb, 3.17 per cent Zn, 0.092 per cent Sn, 35.4 ppm Ag; Avrupa and Antofagasta sign an amended joint venture agreement. The discovery of massive sulphide mineralization occurred in the second drill hole at the new Sesmarias South target area, which is covered by approximately 100 metres of young cover sediments that completely obscure visual sighting of the target rocks. Sesmarias South is located approximately seven kilometres south of the past-producing Lousal mine and 50 kilometres northwest of Lundin Mining's Neves Corvo mine, along the Neves Corvo trend of the Iberian pyrite belt in Portugal. The discovery is the first greenfields success in the pyrite belt of both Portugal and Spain since 1994. The mineralized intercept in SES002 totals 16.85 metres, as described in the associated table. The intercept includes a zone of massive sulphide mineralization, then underlain by a zone of semi-massive sulphides and strong stockwork sulphide veining. There follows a narrow shear zone, which is, in turn, underlain by a further zone of strong alteration with anomalous disseminated and stockwork sulphide mineralization.