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European Metals Holdings Ltd.
Summary
| Project: | Cinovec | |
|---|---|---|
| Deposit: | Cinovec | |
| Location: | Czech Republic | |
| Commodities: | Lithium-Tin-Tungsten | |
| Date: | 10/6/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing resource increase/Upgrade | |
| Report details: | 6-10-2016: European Metals Holdings Ltd. announces an Exploration/Drilling Update report for its Cinovec deposit at the Cinovec project. Drilling results incl. 60m @ 0.49% Li2O from 154m. European Metals Holdings Limited (“European Metals” or “the Company | |
| Resources: | (Resource): 49.1Mt @ 0.43% Li2O (Ind.) and 482Mt @ 0.43% Li2O (Inf.) | |
| CP/QP: | [Overall Report]: Dr. Pavel Reichl (Internal) | |
| ABSTRACT: | European Metals Holdings Limited (“European Metals” or “the Company”) (ASX and AIM: EMH) is pleased to announce analytical results for two confirmation drillholes CIW-19 and CIW-20 at the Cinovec Lithium-Tin-Tungsten Project ("the project" or "Cinovec"). The drillholes CIW-19 and CIW-20 are located in the central part of the Cinovec, near the Central Shaft where high-grade tin and tungsten veins were mined in the past. The current drill programme at Cinovec Main has been planned to confirm and delineate near surface lithium and tin mineralisation that would provide initial feed to the mill. Other goals are the conversion of resources from the Inferred to Indicated category, and delivery of material for metallurgical testing. So far, eight diamond core holes have been completed, and three are underway. Visual inspection and logging indicates that the geology in these holes is as expected. Drill details are listed in Table 1 below. After geological logging, drill core is cut in half with a diamond saw. Quarter core samples are selected (honouring geological boundaries) and dispatched to ALS (Romania) for preparation and assay; the 3/4 of the core is returned to the core box and stored securely on site. Samples are being prepared and analysed by ALS using ICP and XRF techniques following standard industry practice for lithium and tin deposits. Strict QAQC protocols are observed, including the insertion of a Li standard in a random fashion for every 10 core samples. | |
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