Dear subscriber,
Avrupa Minerals is busy landing a JV on Alvalade with a Spanish company called MATSA with some of the largest players in the industry behind it: Mubadala and Trafigura. The current option agreement seems limited, but management indicated that MATSA is very serious about the Alvalade prospects, and fully aware that the current targets can be developed into considerable operating mines. If it all works out as planned, I am quite certain MATSA will be looking to expand on the current budget and targets, making this JV even more interesting than it already is. Read more about it here:
Avrupa Minerals Options Alvalade VMS Project To Trafigura-Mubadala JV Company
Regards,
The Critical Investor