For thousands of other reports visit RSC's Mineral Intellingence Map
Europa Metals Ltd.
Summary
| Project: | Toral | |
|---|---|---|
| Deposit: | Toral | |
| Location: | Spain | |
| Commodities: | Zinc-Lead-Silver | |
| Date: | 12/21/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 21-12-2018: Europa Metals Ltd. announces an Exploration/Drilling Update report for its Toral deposit at the Toral project. Drilling results incl. 3.80m @ 2.99% Pb, 2.58% Zn, 21.75g/t Ag from 348.80m. Europa Metals, the European lead-zinc explorer, is plea | |
| Resources: | (Resource, Inf.): 16Mt @ 3.9% Zn, 3.1% Pb, 24g/t Ag at project | |
| CP/QP: | [Overall Report]: J.N. Hogg (Independent) | |
| ABSTRACT: | Europa Metals, the European lead-zinc explorer, is pleased to announce assay results from the first stage of the Phase II drilling campaign at its wholly owned Toral Project. The diamond drilling programme intersected zinc, lead and silver (Zn, Pb, Ag) mineralisation in all three holes drilled, targeting to a depth within 300 metres of the topographic surface. The Phase II drilling is focused within the existing resource area to fill in gaps within the historic drill patterns. The next step of the Phase II programme is likely to target high grade Inferred Resource areas below approximately 400 metres from surface in order to progress the Toral Project towards a Feasibility Study. This campaign is the first infill drilling programme conducted by Europa Metals’ geological team in Spain within the pre-existing defined JORC (2012) resource area at the Toral Project. As announced on the 10 December 2018, Toral hosts a Mineral Resource estimate of 16 million tonnes @ 7.5% Zn equivalent (Pb, Ag), 3.9% zinc, 3.1% lead and 24g/t silver equating to 640,000 tonnes of zinc, 510,000 tonnes of lead and 13 million ounces of silver*. The Company intends to have the resource model updated once a significant amount of new exploration data is obtained throughout 2019. The Europa Metals’ geological team is also considering the results and implications of the TOD-020 drill hole that returned 3 metres at 0.68% copper from 297.35 metres. To date, copper traces have historically been encountered in the deposit, but the significance was unknown. This level of copper was not anticipated within the deposit so near to surface and follow up work is required to identify controls and extent of copper mineralisation. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report