Avrupa Minerals Ltd

Description

Avrupa Minerals Ltd. is a project-generator style explorer with three active projects: the flagship Slivova gold-silver project in Kosovo, where Avrupa holds a 49% interest alongside operator and majority partner Western Tethyan Resources (earned in to 51%), with work currently paused pending license reissuance by Kosovo authorities; the 100%-owned Alvalade copper-zinc project in Portugal's Iberian Pyrite Belt, including the Sesmarias target, for which a mining license application was submitted in mid-2026 while the company seeks a new funding partner; and a joint-venture position in Finland's Vihanti-Pyhäsalmi VMS district through Akkerman Finland Oy. Slivova carries a 2023 NI 43-101 mineral resource estimate totaling approximately 179,000 ounces of gold and 646,000 ounces of silver across measured, indicated and inferred categories, but no PEA, PFS, or DFS exists at any of the three projects.

Sesmarias drilling in 2024-2025 (conducted while Sandfire MATSA previously funded exploration there) returned notable intercepts including 41.2 meters at 1.59% copper, 1.71% lead, 3.36% zinc and 54.90 g/t silver; Avrupa is now seeking a new partner to advance the project toward the mining license it has applied for.

Weakness

List of projects

Project 1: Slivova Gold-Silver Project — 49% interest, Kosovo (operated by Western Tethyan Resources, earned in to 51%); metals: Gold, Silver.
Project 2: Alvalade / Sesmarias Copper-Zinc Project — 100% interest, Iberian Pyrite Belt, Portugal; metals: Copper, Zinc, Lead, Silver.
Project 3: Vihanti-Pyhäsalmi District (Akkerman Finland Oy JV) — joint-venture interest, central Finland; metals: Copper, Zinc.

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