Going forward, Europa will work on metallurgical testing, hydrology and geotechnical modelling
() is to step back from further drilling at the Toral base metal project for the time being and analyse the data accumulated from recent exploration.
Once assays from the final two holes in the current drill programme come back Europa will work on metallurgical testing, hydrology and geotechnical modelling.
Europa said a focus on these elements of the project will help move forward Toral in a cost-effective and optimal manner.
Laurence Read, executive director, said: “Europa Metals has generated significant amounts of data on its Toral Project over the last two years and, in light of the prevailing challenging market conditions, we believe that further resource delineation drilling will not generate significant incremental value for shareholders at the current time.”
NO INVESTMENT ADVICE
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...
In exchange for publishing services rendered by the Company on behalf of Europa Metals Ltd named herein, including the promotion by the Company of Europa Metals Ltd in any Content on the Site, the Company receives...
FOR OUR FULL DISCLAIMER CLICK HERE