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Introduction

Auropean Ventures Inc. mapAuropean Ventures Inc. is a private company focused on the exploration and rapid development of gold and polymetallic projects in Europe. Its priority is to define gold resources at its 58 square kilometre Andiñuela project in Castilla y Leon province in north-central Spain. The area was subject to Roman-era production, which has left large pits, the majority in weathered bedrock. In east-central Slovakia, Auropean located the trace of numerous copper veins enriched in gold and silver, some of which have only been exploited at shallow depths, in order to restart production at its 62 square kilometre Slovinky-Gelnica Project. Auropean also holds a major interest in Claims in the Yukon Territory, Canada.

Andiñuela Gold Project, Spain
Coincident with Roman-era pits, a 6.5 kilometre long gold in soil anomaly dominates the project; secondary anomalies are also present. Bedrock sampling has returned values up to 26.1g Au/t in a grab sample, 2.2g Au/t over 7.7m in a channel sample; and 24.10 g Au/t over 1.2m and 2.75g Au/t over 10.75m in drill hole intercepts. The mineralization is associated with quartz veining within a structural zone parallel to regional thrust faulting. Numerous Roman-era pits and trenches mark the traces of the gold zones.

Slovinky-Gelnica Copper-Gold-Silver Project, Slovakia
Economically interesting gold and silver values have been encountered in the recent past by the state owned mining company along a 1600 metre exploration drift parallel to the Hrubá Vein, one of Auropean’s primary target. Channel samples assayed up to 3.56g Au/t, 122g Ag/t and 9.8% Cu. A diamond drill hole located some 600m beyond the end of the drift, assayed 2g Au/t, 12g Ag/t and 3.4g Cu over 0.9 m. To date, thirty-five mineralized veins have been delineated at Slovinky. Recent surface sampling of veins and dumps indicate that unexploited portions of selected veins could contain economic deposits of gold, silver and copper. Veins enhanced in gold and silver are also primary targets.

Mayo Lake Minerals, Yukon, Canada
Auropean holds a 47% interest in Mayo Lake Minerals Inc.’s (MLM) 1,226 claims covering 248 square kilometres in the Tombstone Plutonic Belt of Tintina Gold Province in the central Yukon Territory. It has also retained 2.0 – 2.5% NSR royalties on MLM’s various claim groups. Recently, a number of very exciting high-potential gold discoveries in the same belt have resulted from the exploration work completed by Goldstrike Resources Ltd. and Golden Predator.


   
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