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MEASURED RESOURCE DRILLING UPDATE European Metals Holdings Limited (ASX & AIM: EMH, NASDAQ: ERPNF) ( European Metals or the Company ) is pleased to announce that the Cinovec Project company Geomet s.r.o has submitted the documentation related to the initial EIA notification to the Czech Ministry of the Environment. The Company also provides the latest results from its current nineteen-hole resource drilling programme at the Cinovec Project. The current programme of work was announced by the Company on 10 August 2020 (Measured Resource Drilling Commenced). Drilling of seventeen of the nineteen holes has been completed and the eighteenth hole is currently underway. Analytical results for another six of the drill holes from the Cinovec South deposit are reported in this release. ....
Geomet s.r.o. controls the mineral exploration licenses awarded by the Czech State over the Cinovec Lithium/Tin Project. Geomet s.r.o. is owned 49% by European Metals and 51% by CEZ a.s. through its wholly owned subsidiary, SDAS. Cinovec hosts a globally significant hard rock lithium deposit with a total Indicated Mineral Resource of 372.4Mt at 0.45% Li 2O and 0.04% Sn and an Inferred Mineral Resource of 323.5Mt at 0.39% Li 2O and 0.04% Sn containing a combined 7.22 million tonnes Lithium Carbonate Equivalent and 263kt of tin reported 28 November 2017 (Further Increase in Indicated Resource at Cinovec South). An initial Probable Ore Reserve of 34.5Mt at 0.65% Li ....
· Company will commence trading on NASDAQ International under the code ERPNF on 15 December 2020. · Trading will accelerate exposure to major US investors · NASDAQ International adds to the Company s suite of active listings across the ASX, AIM and European exchanges · The Company is developing the Cinovec project, the largest hard rock lithium resource in Europe and is strategically located in close proximity to end user car makers and companies involved in energy storage
European Metals Holdings Limited (ASX & AIM: EMH) ( European Metals or the Company ) is pleased to announce the commencement of trading on the NASDAQ International Program which is run by the Nasdaq International Securities Exchange (ISE) on 15 December 2020, following increased US-based interest in its Cinovec project, the largest hard rock lithium resource in Europe. ....