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Higher Grade - Shallow Lithium Zones Defined
Higher Grade - Shallow Lithium Zones Defined.
About this update from European Metals Holdings Ltd
[{"type":"text","content":"\n \nRNS Number : 7269O European Metals Holdings Limited 11 February 2016 \n\n11 February 2016 For Immediate Release\n \nEUROPEAN METALS HOLDINGS LIMITED\nHigher Grade, Shallow Lithium Zones Defined\n \nEuropean Metals Holdings Limited (\"European Metals\" or \"the Company\") (ASX and AIM: EMH) is pleased to announce that as part of its development of the Cinovec lithium / tin deposit, it has completed a detailed geological model which has identified shallow, higher grade lithium zones. This geological model will be used, along with recent drill results to update the current mineral resource model and allow the company to investigate targeting these areas in the early years of development.\nKey Points:\n \n\n\n\n\n· The geological model shows that higher grade lithium mineralisation is hosted preferentially in greisens.\n\n\n\n\n· The most substantial greisens are developed on the western side of the deposit and have a gentle plunge from surface to the south\n\n\n\n\n· The geological model will be used to:\n- refine/constrain the existing block model for the Li, Sn and W resource \n- allow for the likely conversion of a greater part of the Cinovec resource from Inferred to Indicated category under JORC guidelines.\n- allow for initial mine planning and scheduling as the Company progresses the project along the development curve.\n\n\n\n\n· Assay results for next two drill holes due imminently\n\n\n\n\n \nEuropean Metals CEO Mr Keith Coughlan said \"The completion of this very det...