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Europa Metals Ltd.
Summary
| Project: | Toral | |
|---|---|---|
| Deposit: | Toral | |
| Location: | Spain | |
| Commodities: | Silver-Lead-Zinc | |
| Date: | 3/11/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 11-3-2020: Europa Metals Ltd. announces an Exploration/Drilling Update report for its Toral deposit at the Toral project. Drilling results incl. 0.7m @ 228ppm Ag, 29.8% Pb, 16.15% Zn from 486.3m. Europa Metals, the European focused lead-zinc and silver de | |
| Resources: | (Resource, I+I): 18Mt @ 7.4% ZnEq. at Toral | |
| CP/QP: | [Overall Report]: Luis Perez (Not stated) | |
| ABSTRACT: | Europa Metals, the European focused lead-zinc and silver developer, is pleased to announce that the assay results for the remaining drill holes TOD-024 and TOD-025 have now been received from ALS Laboratories. These results contain the highest-grade intersection obtained by the Company to date from its drilling campaigns on its wholly owned Toral lead, zinc and silver project ("Toral" or the "Toral Project") situated in the region of Castilla y León, north-west Spain. The key objective of the Company's most recent drilling campaign, which completed in January 2020, was to infill gaps in the resource drilling pattern, around the current known Indicated resource between the 300 - 600 metre horizon. The target area was purposefully located within the high-grade core of the Toral Project in order to provide further data to support the extension of the Indicated resource, when the next update is commissioned, and thereby increase confidence in the underlying project economics. The drilling was conducted using the largest core size possible (PQ) to enable the retrieval of a new sample for metallurgical testwork, with a view to delivering metallurgical data across an increased area of the Toral deposit in order to provide a greater degree of spatial representivity. | |
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