March 3 (Reuters) - Avrupa Minerals Ltd AVU.V :
* Avrupa Minerals - partner on alvalade vms copper/zinc joint venture project in Iberian pyrite belt of southern Portugal in default of earn-in agreement
* Avrupa Minerals - expects partner, Colt Resources Ltd will also be unable to meet required government exploration expenditure requirements on project
* Avrupa Minerals Ltd- Avrupa can now either re-purchase project or dilute colt Source text for Eikon: ID:nCCN3c7lk6 Further company coverage: AVU.V