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Sesmarias

It has been a long wait before Avrupa Minerals (TSXV: AVU) was able to report new drill results at its Sesmarias 8 Lens target at the flagship copper-zinc Alvalade project in Portugal, operated by Avrupa and MATSA in a JV, but it finally did so at June 9, 2021.

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It took Avrupa Minerals (AVU.V) a few weeks longer than anticipated to release the first drill results of the Q4 2018 program on the Sesmarias project, part of their Alvalade license located in Portugal, as bringing good news right before PDAC usually generates healthy attention, but the numbers came out pretty interesting anyway in my view.

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  1. Introduction

As Avrupa Minerals (AVU.V) was experiencing delays in finalizing their option agreement on their Portuguese projects with a major copper producer, time was running out on one of their most important claims. A certain amount of exploration work had to be completed on their flagship project Alvalade by the end of 2018, so Avrupa decided to raise the necessary cash on their own, in order to initiate the intended drill program.

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