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European Metals Holdings Ltd.

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Summary

Project:

Cinovec

Deposit:Cinovec
Location:Czech Republic
Commodities:Lithium-Tin-Tungsten
Date:2/28/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Feasibility Study
Report details:28-2-2019: European Metals Holdings Ltd. announces an Exploration/Drilling Update report for its Cinovec deposit at the Cinovec project. Drilling results incl. 67m @ 0.43% Li2O, 0.07% Sn, 0.007% W from 248m. European Metals Holdings Limited (“European Met
Resources:(Reserve, Prob.): 34.5Mt @ 0.65% Li2O, 0.09% Sn at Cinovec
CP/QP:[Overall Report]: Pavel Reichl (Internal)
ABSTRACT:European Metals Holdings Limited (“European Metals” or “the Company”) is pleased to announce recent results from its current eight core-hole resource drilling programme at the Cinovec Project. The current programme of work was announced by the Company on 5 November 2018 (Resource Drilling Commenced – Geotechnical Studies Continue). Drilling of five of the eight holes has been completed. Drilling activities remain suspended and will resume after the end of the snow season. Analytical results for the fifth of the drill holes from the Cinovec South deposit are reported. European Metals Managing Director, Keith Coughlan, commented “We are again pleased to present this update on our drilling programme. As we have previously reported, the current drill programme has been planned to define blocks of resource for the first 2 years of mining within the Cinovec-South area, with a goal to convert the resource from indicated to measured category. The results of this programme have either been in line with, or exceeded, our expectations particularly with regard to the tin intercepts. I look forward to reporting the results of our lithium hydroxide production work, and the projected impacts upon the economics of the project over the next few weeks.”

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