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European Metals boss says new drilling to start soon

Published: 09:42 22 Feb 2016 GMT

European Metals Holdings (LON:EMH) (ASX:EMH) Managing Director Keith Coughlan tells Proactive Investors that the next drilling programme at the Cinovec lithium deposit in the Czech Republic will begin quite quickly. "We are just concluding a drilling programme that began late last year, but we are already starting to plan for the next one, to convert a fair bit of that resource into the indicated category and increase the level of confidence in the project" he said.

Coughlan says the firm's focus now is lithium. "As the tin price has subdued and the lithium price increased so dramatically, it has very much become about the lithium" he said.

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