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European Metals Holdings Ltd.
Summary
| Project: | Cinovec | |
|---|---|---|
| Deposit: | Cinovec Main | |
| Location: | Czech Republic | |
| Commodities: | Tin-Lithium-Tungsten | |
| Date: | 1/16/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing resource increase/Upgrade | |
| Report details: | 16-1-2017: European Metals Holdings Ltd. announces an Exploration/Drilling Update report for its Cinovec Main deposit at the Cinovec project. Drilling results incl. 261.1m @ 0.50% Li2O from 94m. European Metals Holdings Limited (“European Metals” or “the | |
| Resources: | (Resource): 49.1Mt @ 0.43% Li2O (Ind) and 482Mt @ 0.43% Li2O (Inf) | |
| CP/QP: | [Overall Report]: Pavel Reichl (Internal) | |
| ABSTRACT: | European Metals Holdings Limited (“European Metals” or “the Company”) (ASX and AIM: EMH) is pleased to announce that the planned core drillhole programme was completed on time and budget, without time loss incidents. In total 17 drillholes were drilled to a summary depth of 6081 meters. Analytical results for the CIW-10 and CIW-23 are reported in this announcement. The Company is also pleased to announce the appointment of a highly experienced mining executive to the role of Country Manager. The CIW-10 and CIW-23 were drilled at the western edge, and in the central part, respectively, of the Cinovec Main sector of the deposit (see Figure 1). 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, ten 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. | |
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