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European Electric Metals Inc.

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Summary

Project:

Rehova

Deposit:Rehova
Location:Albania
Commodities:Copper-Gold-Silver
Date:5/2/2018
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:2-5-2018: European Electric Metals Inc. announces an Exploration/Drilling Update report for its Rehova deposit at the Rehova project. Drilling results incl. 10m @ 3.96% Cu, 0.14ppm Au, 2.26ppm Ag from 51.2m. VANCOUVER, British Columbia, May 02, 2018 (GLOB
Resources:x
CP/QP:[Overall Report]: Jose Mario Castelo Branco (Not stated)
ABSTRACT:VANCOUVER, British Columbia, May 02, 2018 (GLOBE NEWSWIRE) -- European Electric Metals Inc. (TSXV:EVX) (OTC PINK:EVXXF) (“EVX” or the “Company”) is pleased to announce that it has received assay results from the first four holes from the Phase 1 drill program at the company’s Rehova Copper Project in Albania.Three of the holes were shallow holes, drilled in the periphery of the Kanisqel pit, with the aim of targeting near surface mineralization. The fourth hole targeted mineralization at the nearby historical BG deposit. All four of these initial holes intersected copper mineralization while assays are pending on additional holes drilled. These holes are vertical and the widths described below are all true widths.Drill hole REH-05A in the Kanisqel west pit intersected 10 meters of 3.96% Cu from 51.2 meters depth and a lower grade zone of 0.66% Cu between 43.0 meters and 47.2 meters. The nearby historic hole (DH #05) reported a mineralized zone of 19 meters at 2.84% Cu. The hole in Kanisqel east (REH-49B) pit area located 257 meters from REH-05A intersected near surface mineralization (19 meters from the surface) that included a meter sample assaying 0.81% Cu.On the BG deposit, drill hole 128A drilled on its eastern edge, encountered 11.5 meters of mineralization averaging 1.67% Cu from 98 meters. This is slightly higher than the nearby historic drill hole assay over 11.7 meters grading 1.42% Cu. Both the holes in Kanisqel pit area and BG are infill holes that are beginning to confirm historic drill results.

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