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Europa Metals to focus on accumulated data at Toral

Going forward, Europa will work on metallurgical testing, hydrology and geotechnical modelling

Europa Metals Ltd -
Toral is a zinc, lead and silver prospect

Europa Metals Ltd (LON:EUZ) 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.”

Quick facts: Europa Metals Ltd

Price: 0.0208 GBX

AIM:EUZ
Market: AIM
Market Cap: £3.48 m
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Europa Metals' Laurence Read details geotechnical study for Toral

Europa Metals Ltd's (LON:EUZ) Laurence Read caught up with Proactive London's Andrew Scott after announcing the independent geotechnical study of its Toral project in Spain had been completed. It confirms the cut and fill method, rather than sub-level stoping, as the best method for the...

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