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Drilling Update for the Toral Project, Spain
Drilling Update for the Toral Project, Spain.
About this update from Europa Metals Limited
[{"type":"text","content":"\n \nRNS Number : 0807C Europa Metals Ltd 13 June 2019 \n\n13 June 2019\nEuropa Metals Ltd\n(\"Europa Metals\", the \"Company\" or the \"Group\") (AIM, AltX: EUZ)\nDrilling Update for the Toral Project, Spain\nSummary\n \n· Drill hole 1 (TOD-021) terminated at the Company's instruction following a substantial deviation in trajectory:\n- Europa Metals' technical team instructed the drilling contractor to terminate the hole at a depth of 652.90m.\n- Upper zone mineralisation intersected but above the targeted high-grade zone; consequently drill hole 1 will not be used to secure a metallurgical sample for testwork.\n- Mineralisation encountered in the upper zone will be assayed and reported on in due course.\n- Drilling performance review initiated and hole 2 commenced.\n \n· Drill hole 2 (TOD-022) commenced on 11 June 2019:\n- Target depth of 750 metres, targeting the high-grade zone.\n- Completion anticipated by end of July 2019. \n \nEuropa Metals, the European lead-zinc explorer, announces that it has instructed its drilling contractor, Sondeos y Perforaciones Industriales de Bierzo SA (\"SPI\"), to terminate its drilling of the first hole (TOD-021) following a significant trajectory deviation at the Company's wholly owned Toral lead-zinc-silver project (\"Toral\" or the \"Project\") located in the Province of León, northern Spain.\n \nHole TOD-021 has been terminated at a depth of 652.90 metres, as a result of a deviation of the hole during drilling operations away from its designated target, being the high-grade zone of the existing defined resource. The deviation took the hole above its planned high-grade zone target and it will not therefore be used to secure a metallurgical sample. Mineralisation was encountered at TOD-021 and will be assayed and reported on in due course.\n \nCommencement of Hole TOD-022\n \nEuropa Metals has initiated a performance review process with SPI in respect of the drilling and termination of hole TOD-021. A series of initiatives and procedural changes have been implemented prior to the commencement of SPI drilling the second hole in the current campaign, TOD-022. The target depth of TOD-022 is 750 metres, extending into the Project's high grade mineralis...