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Europa Metals appoints Wardell Armstrong as PFS manager for Toral project

Europa Metals previously worked with WAI on the project's metallurgical and processing phases

Europa Metals Ltd -

Europa Metals Ltd (LON:EUZ) said it appointed mining consultancy Wardell Armstrong International Ltd (WAI) as the Pre-Feasibility Study (PFS) manager for its wholly owned Toral lead, zinc and silver project in northern Spain, following a competitive tender process.

WAI has a track record of conducting all levels of technical study required on projects that have successfully been financed and developed into full mining operations, AIM-quoted Europa Metals said.

"Having worked with WAI over several distinct phases of metallurgical testwork, looking at recoveries and potential high grade concentrate products capable of being produced from the Toral lead, zinc and silver project, today's appointment has been made to enable us to seamlessly progress to the next stages of the planned PFS with a leading, global mining consultant,” said Europa Metals chief executive Laurence Read.

"The work achieved so far in 2021 on certain of the requisite PFS workstreams has been to schedule and the results extremely encouraging,” he said. 

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Price: 8.65 GBX

Market Cap: £4.25 m

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