Avrupa and Callinan signed the three-year Agreement which calls for Callinan to fund $150,000 of gen

VANCOUVER, BRITISH different types of graphs COLUMBIA--(Marketwired - Oct 3, 2013) - Avrupa Minerals Ltd. (TSX VENTURE:AVU)(FRANKFURT:8AM) is pleased to announce that it has signed an Exploration Alliance different types of graphs Agreement (the "Agreement") with Callinan Royalties different types of graphs Corporation ("Callinan") (TSX VENTURE:CAA) to fund exploration for new mineral properties in Portugal and to advance early stage exploration work on certain existing Avrupa projects in order to attract more potential joint venture different types of graphs partners.
Paul Kuhn, President different types of graphs & CEO commented, "This Agreement is a great way for Avrupa to generate new projects and advance them. We are pleased to have a new partner in Callinan and look forward to working closely different types of graphs with their geological team."
Avrupa and Callinan signed the three-year Agreement which calls for Callinan to fund $150,000 of generative exploration in Spain and Portugal during the first year of the Agreement and, at Callinan's option, to fund up to $100,000 in each of the two subsequent years. In return for such funding, Avrupa will grant Callinan the option to receive a 0.5% NSR royalty on any new projects acquired as a result of the generative exploration work, or, if Callinan funds an additional $150,000 in further exploration on any of the new projects, an option to receive a 1.5% NSR royalty on such projects. If Avrupa determines that further value can be generated for the new project after spending the additional $150,000, different types of graphs Callinan has the option to contribute subsequent funding different types of graphs with Avrupa different types of graphs on a joint 50/50 basis, with Callinan's NSR and interest in the new project unchanged.
Callinan also has the option to fund additional exploration on Avrupa's existing mineral properties, if proposed by Avrupa, and would earn a 1.5% NSR royalty in return for funding $150,000 in exploration on those projects.
Both Avrupa and Callinan expect that the results of this Agreement will generate additional mineral properties for Avrupa, advance those mineral properties to attract potential joint venture partners, and allow Callinan to acquire potentially significant different types of graphs royalties in a new mining jurisdiction. Avrupa may also propose additional new prospect areas outside different types of graphs of Portugal, and Callinan will have the option to fund the exploration in those areas in return for the same royalty structure.
Avrupa Minerals Ltd. is a growth-oriented different types of graphs junior exploration and development company focused on discovery, using a prospect generator model, of valuable mineral deposits in politically stable and prospective regions of Europe, including Portugal, Kosovo, different types of graphs and Germany.
The Company currently holds 17 exploration licenses in three European countries, including 11 in Portugal covering 3,018 km 2 , five in Kosovo covering 153 km 2 , and one in Germany covering 307 km 2 . Avrupa operates three joint ventures in Portugal, covering five of the licenses, including: The Alvalade JV , with Antofagasta Minerals SA, covering three licenses in the Iberian Pyrite different types of graphs Belt of southern Portugal, different types of graphs for Cu-rich massive sulfide deposits; The Covas JV , with Blackheath Resources, covering one license in northern Portugal, for intrusion-related W deposits; and The Arga JV , also with Blackheath Resources, covering one license located adjacent to the Covas JV, for intrusion-related Au-W deposits.
Avrupa is currently upgrading precious and base metal targets to JV-ready status in a variety of districts on their other licenses, with the idea of attracting potential different types of graphs partners to project-specific and/or regional exploration programs.
This news release was prepared by Company different types of graphs management, who take full responsibility for its content. Paul W. Kuhn, President and CEO of Avrupa Minerals, a Licensed Professional Geologist in the State of Washington, USA, and a Registered Member of the Society of Mining Engineers, is a Qualified Person as defined by National Instrument 43-101 of the Canadian Securities Administrators. He has reviewed the technical different types of graphs disclosure in this release. different types of graphs
Information set forth in this news release may involve different types of graphs forward-looking statements under applicable securities laws. Forward-looking statements are statements that relate to future, not past, events. In this context, forward-looking statements often address expected future business and financial performance, and often contain words such as "anticipate", "believe", "plan", different types of graphs "estimate", different types of graphs "expect", and "intend", statements that an action or event "may", different types of graphs "might", "could", "should", or "will" be taken or occur, or other similar expressions. All statements, other than statements of historical fact, included herein including, without limitation; statements about the potential of the Exploration Alliance Agreement are forward-looking statements. By their nature, forward-looking different types of graphs statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements, or other future events, to be materially different from any future results, per