Business
Drill Program Update
Drill Program Update.
About this update from European Metals Holdings Ltd
[{"type":"text","content":"\n \nRNS Number : 3491D European Metals Holdings Limited 06 July 2016 \n\n6 July 2016 For immediate release\n \n \nEUROPEAN METALS HOLDINGS LIMITED\nDrill Program Update\n \nEuropean Metals Holdings Limited (\"European Metals\" or \"the Company\") (ASX and AIM: EMH) is pleased to announce the upgrade of Mineral Resources at the Cinovec lithium/tin project in the Czech Republic.\nThe lithium and tin resources have been updated using data from five new drill holes. Resource classifications have been revised on the basis of the new data.\nHighlights:\n \n\n\n\n\n· Drillhole PSn13 returned main mineralised intercept of 167.1m averaging 0.36 % Li2O.\n\n\n\n\n· This intercept includes high-grade intervals of 12m averaging 0.77 % Li2O and 7m averaging 0.87 % Li2O, as well as a tin-enriched interval of 8m averaging 0.16 % Sn.\n\n\n\n\n· Several other lithium intervals were intercepted at shallower depth, of which the best is 19.5m averaging 0.42 % Li2O. This interval includes a 2m wide high-grade tin-tungsten zone grading 0.75 % Li2O, 1.46 % Sn and 0.55 % W.\n\n\n\n\n· Drilling commenced in the shallower, higher grade lithium areas in the main section of the deposit. Two core drillholes are in action with the third expected to start drilling within 15 days.\n\n\n\n\n \nEuropean Metals CEO Mr Keith Coughlan said \"We are very pleased with the results for the latest drillhole. This results from this drillhole locate...