Business
Quarterly Activities and Quarterly Cashflow Report
Quarterly Activities and Quarterly Cashflow Report.
About this update from European Metals Holdings Ltd
[{"type":"text","content":"\n \nRNS Number : 7778W European Metals Holdings Limited 29 April 2016 \n\n29 April 2016 For immediate release\n \n \nEUROPEAN METALS HOLDINGS LIMITED\nQUARTERLY ACTIVITIES REPORT - MARCH 2016\n \nHIGHLIGHTS\n\n\n\n\n· Successful continuation of drill program at Cinovec Lithium/Tin project\n\n\n\n\n· Higher grade, shallow lithium zones defined\n\n\n\n\n· Successful completion of placement to institutional investors\n\n\n\n\n· Engagement with Dorfner Anzaplan to facilitate lithium process\n\n\n\n\n \nEuropean Metals Holdings Limited (\"European Metals\" or \"the Company\") (ASX & AIM: EMH) is pleased to announce continued progress in the development of its 100% owned globally significant Cinovec Lithium/Tin Project in Czech Republic.\n \nSuccessful continuation of drill program at Cinovec Lithium/Tin project\n \nThe current drill program has been planned to facilitate conversion of resources from the Inferred to Indicated category and provide material for metallurgical testing. Results serve to confirm the robustness and consistency of the Cinovec ore body. Five diamond core holes (PSn06, PSn05, PSn07, PSn01 and PSn02) have been completed. This work was carried out on time and on budget and the overall results have exceeded the Company's expectations with regards to grade and width of the mineralized intercepts.\n \nThe drilling program continues with the drilling of drillhole PSn13, the last planned drillhole for the Cinovec-South deposit. Drilling will then ...