European Metals Holdings Ltd (AIM:EMH, ASX:EMH, OTCQX:EMHLF) pointed to the results of the pilot programme for the Cinovec lithium project as a highlight of the past three months.
Data from the process steps will contribute to the design and engineering for both the ongoing Definitive Feasibility Study (DFS) and the post-DFS execution.
All four Cinovec exploration licences have since been extended, added EMH, while a DFS is scheduled for this quarter.
Cash and equivalents on 31 December were A$5.6 million.
Cinovec is a joint venture with Czech state-owned group CEZ.