European Metals Holdings (ASX:EMH) has commenced drilling at its Cinovec South ore zone to provide samples for metallurgical testing.
Recovered core will then be used to confirm the previously recorded excellent tin-tungsten recoveries and high concentrate grades documented by previous operations.
The Cinovec Project hosts an Inferred Resource of 28.1 Mt grading 0.37% tin and 0.04% tungsten for total contained tin of 103,970 tonnes based on 83,000 metres of drilling and 21.5 kilometres of underground drives.
Additionally there is an Inferred Resource for lithium of 36.8 Mt grading 0.8%.
Parts of the Cinovec deposit were mined historically; however, it remains one of the largest hard rock tin projects in the world.
The project is located close to major markets and with excellent infrastructure in place, and results of the program will be released to the market as they are received.
Cinovec is a historic tin mine that incorporates a significant undeveloped tin resource with potential by-product tungsten, lithium, rubidium, scandium, niobium and tantalum.
The resource estimates were based on exploration completed by the Czechoslovakian Government in the 1970s and 1980s, and the deposit appears amenable to bulk mining techniques and has had over 400,000 tonnes trial mined as a sub-level open stope.
Historical metallurgical test work, including the processing of the trial mine ore indicates the ore can be treated using simple gravity methods with good recovery rates for tin and tungsten in oxide minerals of approximately 75%.
The company is capitalised at around $7 million.
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