Company
ASX:EUR
European Lithium is a listed mining exploration and development company focusing on its wholly owned Wolfsberg Lithium Project in Austria. The company aims to be the first local lithium supplier into an integrated European battery supply chain.
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European Lithium noted that the EBA is calling on the European industry to take advantage of the global market for batteries, which is expected to reach €250bn annually by 2025; supporting members all along the supply chain
The results from surface drilling in zone II demonstrate widths and grades higher than in zone I.
Stefan Müller has played a pivotal role in Cape Lambert's growing global shareholder base.
The resource metrics and mine program that will be used in the DFS could result in a higher valuation being attributed to the project.
The Paynes Find Gold Project was sold for $500,000 cash and $500,000 shares.
Preliminary drill results reveal Zone II's lithium resource expansion potential for Wolfsberg.
Chairman Tony Sage says the key number in the prefeasibility study will be the net present value.
Frankfurt-based DGWA has assisted European Lithium in a similar capacity.
The company is well funded with circa $6.8 million in cash following successful capital raisings.
The number one ‘Company Newcomer’ award coincides with Wolfsberg drilling start.
Receipt of permitting would significantly de-risk the Wolfsburg Lithium Project.
European Lithium remains focused on the Wolfsberg Lithium Project.
The company is focusing on its Wolfsberg Lithium Project in Austria.
There is growing interest in the stock from institutional investors.
A number of retail investor favourites had news this past week.
Funds will assist in advancing the Wolfsberg Lithium Project in Austria.
The capital raising will assist in further developing the Wolfsberg Lithium Project.
Stefan Müller will facilitate the company's European expansion.
The halt will remain in place until Wednesday 7th December 2017.
Shares have been rising over the past week, up nearly 40% to $0.25.
