Avrupa Minerals Ltd. announced that recent drilling shows further, more definitive continuity of massive sulfide mineralization in the North sector at the Sesmarias Copper-Zinc prospect within the Alvalade Project (Alentejo, Portugal). The program is a joint venture between Avrupa Minerals and Minas de Aguas Teñidas, S.A. (Sandfire MATSA) and is operated by Avrupa through the JV entity PorMining Lda. To date, at Sesmarias North, the Company has completed 17 diamond drill holes, totaling 8,900 meters, on six different fences along a strike length of 400 meters.

Highlights of the SES21-046 results include: Within the main mineralized zone, higher grade intervals between 380.00 meters and 390.00 meters stand out: 6.95 meters @ 0.91 g/t Gold, including 2.95 meters @ 1.16 g/t Gold. 6.95 meters @ 50.2 g/t Silver, including 2.95 meters @ 72.4 g/t Silver. 8.70 meters @ 0.61% Copper, including 3.70 meters @ 0.83% Copper.

6.95 meters @ 1.48% Lead, including 3.95 meters @ 1.87% Lead. 3.00 meters @ 3.50% Zinc, and a further 7.00 meters @ 2.95% Zinc . The intercept crosses the east limb of the Sesmarias syncline, along with a number of smaller secondary folds on the east side, but misses the hinge zone and most of the west limb of the syncline.

Results from SES21-046 demonstrate continuity of mineralization in the gap between Sections 120 S and 350 S. Drilling at Sesmarias North demonstrates robust copper-zinc massive sulfide mineralization over 400 meters of strike length, open to the north and south, and is open at depth. To date, in the MATSA JV, the Company completed 16 drill holes (including three holes lost due to difficult downhole drilling conditions) in the SES North sector, and one scout hole in the SES Central sector (SES21-041), totaling 8,900 meters. The Company drilled one scout hole of 614 meters in the Caveira District (CAV21-001), located 16 kilometers north of Sesmarias.

The 250 S geological section shows that SES21-046 crosses the east limb of the Sesmarias syncline with good results in massive sulfide mineralization, then crosses back through a secondary fold into sulfides, but apparently at the very top of the massive body with lower-level results. The drill hole continues through the trough of the syncline until it cuts the closed-off top of the west limb with a higher-grade copper value over a short width. These results and interpretations point to further potential below this hole, as seen in SES21-044.

Further drilling is planned for both sections to test for significant depth potential for copper-zinc mineralization. As noted in the previous news release, the Company continues to expect that "two-limb" mineralization continues to the north, and that further drilling will demonstrate the position of such base metal mineralization. The Company also expects that massive sulfide mineralization is open to the south towards the previously-discovered mineralization in the Sesmarias Central and South sectors (the "10" Lens).

Further work is planned in the Central sector to follow up "2" Lens mineralization, which appears to be separate from the "10" Lens. Sandfire MATSA has advised Avrupa that drilling at Alvalade will resume in June. In the meantime, the Company continues to upgrade the numerous un-drilled targets in the Alvalade Project area.

The continuing work program is fully funded by Minas de Aguas Teñidas, S.A. ("MATSA"). Sandfire MATSA can initially earn a 51% interest in the Alvalade Experimental Exploitation License property by completing funding requirements set out in the joint venture agreement between the companies. Sandfire MATSA may then elect to increase their interest in the Project to 85% by preparing a bankable feasibility study.

Avrupa previously described the details of the agreement in news releases dated October 1, 2019 and November 20, 2019.