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Avrupa Minerals Recognizes Potential at Rauhala Massive Sulfide Deposit, Finland
Thenewswireยท 2025-04-08 12:00
Core Insights - Avrupa Minerals Ltd. is making progress on the Rauhala massive sulfide deposit in Finland, in partnership with Akkerman Exploration bv [1][3] - The Rauhala deposit is characterized as a small, high-grade, sediment-hosted massive sulfide deposit with historical resource estimates indicating significant mineralization [3][4] - The company plans to conduct further geophysical studies and drilling to explore the potential for expanding the mineralized zone and assess gold potential [13] Company Overview - Avrupa Minerals Ltd. operates as a growth-oriented junior exploration and development company focused on discovering mineral deposits using a hybrid prospect generator business model [15] - The company holds a 100% license in Portugal for the Alvalade VMS Project and a 49% exploration license for the Slivova Gold Project in Kosovo, while actively advancing six prospects in Finland [15] - The company aims to explore politically stable and prospective regions in Europe, including Portugal, Finland, and Kosovo, while seeking additional opportunities [15] Project Details - The Rauhala deposit was discovered in 1985 and has undergone various studies, with a historical resource estimate of 880,500 metric tons at 1.6% copper, 6.1% zinc, 1% lead, 0.5 g/t gold, and 49 g/t silver reported in 1988 [3][4][6] - AFOy acquired the mineral rights for the Rauhala deposit in 2023 and has compiled extensive historical data from 92 drill holes and 2,380 assays [7][10] - The deposit features a tabular layer of massive and disseminated sulfides, with thickness varying from 0.5 to 12 meters and an average of 3.6 meters [10] Future Plans - The upcoming work plan will focus on lateral and down-dip expansion of the known mineralized zone, exploration for potential feeder zones, and reviewing gold potential in the area [13] - The project is open for joint venture opportunities, indicating potential for collaboration with other entities [13]