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Appointment of Lead Engineer to the PFS
Appointment of Lead Engineer to the PFS.
About this update from European Metals Holdings Ltd
[{"type":"text","content":"\n \nRNS Number : 8050E European Metals Holdings Limited 21 July 2016 \n\n21 July 2016 For immediate release\n \n \nEUROPEAN METALS HOLDINGS LIMITED\nAppointment of Lead Engineer to the PFS\n \nEuropean Metals Holdings Limited (\"European Metals\" or \"the Company\") (ASX and AIM: EMH) is pleased to announce the appointment of Ausenco Limited (\"Ausenco\") (ASX: AAX) as the Lead Engineer to the Pre Feasibility Study (\"PFS\") of the Cinovec Lithium/Tin Project in Czech Republic.\nThe PFS, which is expected to be completed early in 2017, will build on the Company's positive Scoping Study that was released last year and will target an initial production rate of 20,000 tpa of lithium carbonate with associated tin, tungsten and sulphate of potash credits. The PFS will pave the way for a Definitive Feasibility Study in 2017.\nAusenco is a global engineering procurement, construction management, and operations service provider to the resources sector. They have significant recent relevant experience having completed an updated Feasibility Study for Talison Lithium's lithium carbonate plant in Australia and the PFS for Bacanora Minerals' Sonora Lithium Project in Mexico. They are the process engineers for Sonora's current Feasibility Study.\nEMH Managing Director Keith Coughlan commented, \"Ausenco bring a detailed understanding of lithium projects and together with our strong internal team will be instrumental in the successful implementation of our development strategy. It has been a busy 2016 to date and this is set to continue with three rigs operating...