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General mining & base metals

Europa Metals sees confirmation of Toral grades in latest assay

Europa Metals Ltd (AIM:EUZ, JSE:EUZ) said the first assay from the latest drill programme at Toral in Spain matched earlier results with a thick intersection in the initial hole.

Results from the hole, TOD-043, included a section of 8.7 metres (m) at an average grade of 11% zinc equivalent (lead and silver) within which was 3.1m at 20.3%.

In a statement, Europa said that this latest programme is part of the option agreement signed with Denarius Metals last November and comprises 11 holes of in-fill drilling within an established indicated resource area of 7.1Mt at 8.1% zinc equivalent.

Myles Campion, executive chairman, noted: "The first drill hole of our infill and confirmatory campaign has illustrated the robust nature of Toral and the current indicated resource.

“Hole TOD-043 has displayed a thick, well-mineralised intersection in keeping with the existing holes in the area."

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