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European Metals Holdings Ltd.
Summary
| Project: | Cinovec | |
|---|---|---|
| Deposit: | Cinovec | |
| Location: | Czech Republic | |
| Commodities: | Lithium-Tin-Tungsten | |
| Date: | 9/6/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing resource increase/Upgrade | |
| Report details: | 6-9-2016: European Metals Holdings Ltd. announces an Exploration/Drilling Update report for its Cinovec deposit at the Cinovec project. Drilling results incl. 89.95m @ 0.61% Li2O from 181.15m. European Metals Holdings Limited (“European Metals” or “the Co | |
| 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 the confirmation drillhole CIW-11 at the Cinovec Lithium-Tin-Tungsten Project (“the project” or “Cinovec”). European Metals CEO Keith Coughlan said “We are very pleased with the exceptional results for the latest drillhole. This is the first hole drilled in the main part of the deposit where the lithium mineralization zones are generally at shallower depths. The just obtained results are our best lithium results to date in terms of grade and continuity. The drill programme will continue in the shallowest parts of the main deposit, along the flanks of the historic mine, where in some areas the mineralization outcrops”. The CIW-11 drillhole is located on the southern edge of the Cinovec Main sector of the deposit, in an area of relative sparsity of historic drill data and lithium analyses. 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, five diamond core holes have been completed, and three are underway. Visual inspection and logging indicates that the geology in these holes is as expected. | |
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