Proactive Investors - Run By Investors For Investors

European Metals hits strong lithium grades in programme to move Cinovec resource from indicated to measured

Managing director Keith Coughlan said the ongoing results were confirming the "robustness" of the orebody
European Metals hits strong lithium grades in programme to move Cinovec resource from indicated to measured
Cinovec is one of Europe's leading lithium projects

European Metals Holdings Limited (LON:EMH) has revealed results from its ongoing eight core-hole resource drilling programme at the Cinovec lithium project.

Drilling of five of the eight holes has been completed.

WATCH: European Metals kicks off DFS drilling at Cino vec Lithium-Tin project

Among the highlights from the drilling were 129.3 metres averaging 0.51% Li2O, 108 metres averaging 0.45% Li2O, and 89 metres averaging 0.47% Li2O.

"We are very pleased to present these results,” said Keith Coughlan, managing director of European Metals.

“The current drill programme has been planned to define blocks of resource for the first two years of mining within the Cinovec-South area, with a goal to convert the resource from indicated to measured category to allow the delineation of initial proven reserves for the deposit. The results confirm our confidence in the robustness of the ore body and we are particularly encouraged by the higher than expected tin grades in hole CIS-13.”

View full EMH profile View Profile

European Metals Holdings Timeline

Related Articles

1530643627_electric-car.jpg
July 03 2018
The company’s goal is to be a leader in the battery metals sector, with cleaner cobalt in Australia
1538376195_lithium-100118-2.jpg
October 01 2018
The aim is to move two years' worth of ore into the indicated resource category
project area
October 10 2018
The company has identified extensive copper-nickel-cobalt mineralisation at the Mt Venn Project, outlined over several kilometres.

© Proactive Investors 2019

Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use