By Kalwinder KaurJul 20 2012
Avrupa Minerals has reported that the 2012 exploration work campaign will be commenced at the Covas joint venture project in North Portugal. Blackheath Resources possesses a two-phase option to earn 70% of the Covas joint venture project, by paying €1million within March 2014.
The work campaign will include compilation of surface work and present data comprising comprehensive sampling and mapping of certain anomalous regions, which are to be followed by a diamond drilling and trenching campaign. Avrupa had defined several strong tungsten target areas and a possible gold target located in the Covas project.
The Covas project has been producing tungsten and historic resources at the property. Mineralization is exposed to extension. Union Carbide estimated this historical resource in the early 1980s. Avrupa has not performed adequate work to confirm the data, though it is believed to be relevant and consistent.
According to Avrupa Minerals’ CEO, Paul W. Kuhn, the company is delighted to commence the 2012 exploration campaign and is expecting to work with Blackheath. Avrupa has collected inventory of a strong gold and tungsten target at the Covas project. With the joint venture knowledge and funding offered by Blackheath, the company is expecting positive development on the Covas project. The Covas JV project shows that prospect generator business model of Avrupa continues to increase.
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