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Mining

Europa Metals starts engagement process with locals around the Toral project

Laurence Read, chief executive, said: "Ensuring community support and backing at all levels for a new mining project is an essential step in the modern resources industry.”

Europa Metals Limited (LON:EUZ) has started a formal engagement process with the local community over its Toral project in north-west Spain.

A conceptual plan based on the findings of the Scoping Study will be available for 30 days, during which time Europa will meet with the principal local stakeholders.

Laurence Read, chief executive, said: "Ensuring community support and backing at all levels for a new mining project is an essential step in the modern resources industry.”

A recent scoping study put a net present value (NPV) on the Castilla y León project of US$110mln.

The study was based on an earlier JORC compliant resource estimate comprising 16 million tonnes in the Inferred category, equating to 640,000 tonnes of zinc, 510,000 tonnes of lead and 13 million ounces of silver.

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