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European Metals Holdings

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

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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.”

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Market: AIM
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