European Metals Holdings Limited (LON:EMH) has provided investors with an update on progress in its quarterly report for the period ending September 2017.
During the period, the company completed just over 2,100 metres of drilling at the Cinovec lithium-tin project in the Czech Republic.
WATCH: MoU sees Czech Republic give stamp of approval to European Metals' Cinovec project
It also appointed former BHP and Vale man Craig Reimer to manage the definitive feasibility study at Cinovec.
Following the period end, European Metals Holdings signed a memorandum of understanding with the Czech government that allows, amongst other things, for the maximum amount of processing to take place in-country.
It also ensures the use of best practice by European Metals Holdings.
Separately, the company also announced that it had spent A$635,000 on operating activities during the period.