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Mining

European Lithium to host 100 people at its Wolfsberg Lithium Project

The company aims to become Europe’s first lithium producer.

European Lithium Ltd (ASX:EUR) (FRA:PF8) (VSE:ELI) will host 100 people today and tomorrow at its flagship 100% owned Wolfsberg Lithium Project in Austria.

The people will include retail and institutional investors, politicians, press and representatives from various economic institutions from Vienna, Berlin and Brussels.

Chairman, Tony Sage, director, Stefan Muller and CEO, Dietrich Wanke, will host the visit and present the results of the recent PFS and recent zone II drilling results to the attendees.

READ: European Lithium chairman buys more shares

The mine visit days will provide all participants with the opportunity to get to know the project and the team personally.

In addition, attendees can hear third-party neutral opinion from the experts and consultants in attendance.

READ: European Lithium’s new CEO will guide transition to near-term lithium producer

Recently, European Lithium promoted Dietrich Wanke to CEO of the company, providing an operational focus as the flagship Wolfsberg Lithium Project advances along the development path.

He replaces the outgoing Steve Kesler who has been with the company for four years.

Wanke has been running company operations as general manager since 2016 based in Austria, the location of the Wolfsberg project.

He has been responsible for the development of the Wolfsberg resource from an exploration into a pre-production project.

Working towards commencing the DFS

The next major milestone on the road to becoming Europe’s first lithium producer is the commencement of the definitive feasibility study, anticipated for the September quarter.

European Lithium is also in discussions with numerous European corporates regarding potential partnerships.

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