European Lithium Ltd (ASX:EUR) has been granted a trading halt by the ASX this morning, pending an update on exploration activities at the company’s Wolfsberg Project in Austria.
Wolfsberg has had substantial exploration work performed on it by previous owners which will allow the company to examine routes to fast-track the development phase.
The halt will remain in place until the opening of trade on Thursday 20th October 2016, or earlier if an announcement is made to the market.