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European Metals Holdings Ltd.
Summary
| Project: | Cinovec | |
|---|---|---|
| Deposit: | Cinovec | |
| Location: | Czech Republic | |
| Commodities: | Lithium-Tin-Tungsten | |
| Date: | 7/6/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing resource increase/Upgrade | |
| Report details: | 6-7-2016: European Metals Holdings Ltd. announces an Exploration/Drilling Update report for its Cinovec deposit at the Cinovec project. JV with Rare Earth Minerals - drilling results incl. 167.1m @ 0.36% Li2O from 211.5m. European Metals Holdings Limited | |
| Resources: | ||
| 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 the confirmation drillhole PSn13 at the Cinovec Lithium-Tin Project (“the project” or “Cinovec”). European Metals CEO Mr Keith Coughlan said “We are very pleased with the results for the latest drillhole. This results from this drillhole located in the northernmost part of the southern sector of the Cinovec deposit re-confirms continuous mineralisation through to the main areas of the deposit. As announced previously, we have accelerated our drilling program and moved its focus to the main part of the deposit where the lithium mineralisation zones are at shallower depths. In addition, the PFS is well underway and we expect to be in a position to report on progress and milestones within the next week.” The PSn13 drillhole was drilled at the northern edge of the Cinovec-South sector of the deposits, in an area of relatively sparsity of historic drill data and lithium analyses. The drillhole is located on the northernmost point of a north-south section containing the drillholes completed by the Company last year. The historic underground drilling data from this area are mostly void of lithium analyses. The current drill program has been planned to facilitate the conversion of resources from the Inferred to Indicated category and provide material for metallurgical testing. Six diamond core holes PSn06, (designed to twin historic hole CN-51), PSn05, PSn07, PSn01, PSN02 and PSn13 have been completed. | |
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