Avrupa Minerals Ltd. provided report on the status of two exploration license applications covering copper-zinc massive sulfide targets in the Pyhäsalmi Mining District of central Finland. The two applications, Kangasjärvi and Kolima, submitted by Akkerman Finland Oy ("AFOy"), Avrupa's exploration partner in Finland, were approved by Tukes on March 23, 2023, and have now gone through a 37-day comment and appeal period. The Eastern Finland Administrative Court informed AFOy that no appeals against the Kangasjärvi application were received, and the Court issued a certificate to this effect, meaning that the Kangasjärvi Exploration License, ML2022:0045, is now valid.

AFOy has started to fulfill obligations related to the issuance of the new license, including payment of the annual fees directly to the landowners within the permit area, as well as planning the next phase of exploration. AFOy and Avrupa plan to initiate drill testing of a promising deep EM anomaly adjacent to the historic Kangasjärvi zinc mine, along with continued review and compilation of substantial amounts of historic geological and drilling data from around the license area. Details of this initial campaign and expected timing will be reported as plans are readied.