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Europa Metals Ltd.
Summary
| Project: | Toral | |
|---|---|---|
| Deposit: | Toral | |
| Location: | Spain | |
| Commodities: | Silver-Copper-Lead-Zinc | |
| Date: | 10/29/2019 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 29-10-2019: Europa Metals Ltd. announces a Resource Estimation report for its Toral deposit at the Toral project. Upgraded mineral resource estimate at project. The Company is pleased to announce a first Indicated resource of 2.7 million tonnes (“Mt”) @ 8 | |
| Resources: | (Resource, I+I): 18Mt @ 7.4% ZnEq. at Toral | |
| CP/QP: | [Resources]: James Hogg (Addison Mining Services Ltd.) | |
| ABSTRACT: | The Company is pleased to announce a first Indicated resource of 2.7 million tonnes (“Mt”) @ 8.9% zinc equivalent (“ZnEq”) and a 12% increase in total resource from the JORC (2012) Mineral Resource estimate update at the 100% owned Toral zinc, lead and silver project in Spain. The size and grade of the Indicated resource has exceeded management expectations following a comprehensive update of the resource model utilising a series of new data sets defined on the Toral project. Europa Metals, the European focused lead, zinc and silver developer, is pleased to announce the results of an updated independent mineral resource estimate prepared in accordance with JORC (2012) for its 100% owned Toral lead-zinc-silver project in northern Spain (“Toral” or the “Toral Project”), which has produced, at a 4% cut-off, a first JORC (2012) compliant Indicated resource estimate of approximately 2.7Mt at 8.9% ZnEq (including Pb credits) and a 12% increase in the total Toral resource to approximately 18Mt. | |
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