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European Metals Holdings Ltd.
Summary
| Project: | Cinovec | |
|---|---|---|
| Deposit: | Cinovec | |
| Location: | Czech Republic | |
| Commodities: | Lithium-Tin-Tungsten | |
| Date: | 8/16/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 16-8-2017: European Metals Holdings Ltd. announces an Exploration/Drilling Update report for its Cinovec deposit at the Cinovec project. Drilling results incl. 148.3m @ 0.7% Li2O from 279.7m. European Metals Holdings Limited (“European Metals” or “the Com | |
| Resources: | (Reserve, Prob.): 34.5Mt @ 0.30% Li, 0.65% Li2O, 0.09% Sn, 0.03% W at project | |
| CP/QP: | [Overall Report]: Pavel Reichl (Internal) | |
| ABSTRACT: | European Metals Holdings Limited (“European Metals” or “the Company”) (ASX & AIM: EMH) is pleased to report on its ongoing infill drilling program and announce analytical results for the first drillhole CIS-4 at the Cinovec Lithium-Tin Project (“the project” or “Cinovec”). European Metals Managing Director Keith Coughlan said, “We are very pleased with the drilling progress to date and the results for the first hole CIS-4 drilled this year. The lithium and tin mineralization intersected in the first hole is strong and continuous and will increase the size of our current inferred and indicated resource at Cinovec south. This will provide additional options for optimizing production and development schedule. I am particularly pleased with the strong tin and tungsten credits in this part of the Cinovec South deposit. In addition, we welcome Craig Reimer as the Manager of the Definitive Feasibility Study. Craig is a hugely experienced Project Manager and has worked for numerous clients in Australia and overseas and has been involved with studies, commissioning and construction of large scale projects. Craig will head an excellent study team located in Australia and Czech that is focused on delivering a robust Study in H2 2018.” The current six-hole drill program at Cinovec South is planned to focus on infill drilling in two areas where data density is low and ‘gaps’ in the resource model occur. There are the expectations this will add to the high grade resource at Cinovec South in critical areas where mining will start. It will also assist in the conversion of resources from Inferred to Indicated category, and delivery of material for metallurgical testing. So far five diamond core holes have been completed, and one is underway. | |
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