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European Energy Metals Summarizes Successful Phase I Program at Central Finland Lithium Project
Vancouver, British Columbia--(Newsfile Corp. - December 19, 2023) - European Energy Metals (TSXV:...
About this update from Grit Metals Corp.
[{"type":"text","content":"European Energy Metals Summarizes Successful Phase I Program at Central Finland Lithium ProjectVancouver, British Columbia--(Newsfile Corp. - December 19, 2023) - European Energy Metals (TSXV: FIN) (FSE: W28) (\"European Energy\" or the \"Company\") is pleased to further report on and summarize the conclusion of an extremely successful Phase I exploration program on its Central Finland Lithium Project (see also release dated December 7, 2023).Key Takeaways:Located multiple lithium bearing pegmatites on its reservations, taking a total of 1,099 rock chip grab samples in the process: Nabba Reservation - Kyrola Zone350m by 110m spodumene-bearing boulder field discovery, where 49 rock chip grab samples ran from 3.84% Li2O to 0.003% Li2O, with 15 of the 49 samples returning grades in excess of 0.50% Li2O (Li2O = lithium oxide).Glacial history suggests the boulder field source may be 300m-500m to the northwest.Nabba Reservation - Kaitnabba Zonespodumene-bearing boulder cluster discovery, where 2 rock chip grab samples returned 1.57% and 1.01% Li2OLappajarvi East Reservation - Pisto Zoneoutcropping megacrystic, two-mica granite and quartz-feldspar-muscovite-tourmaline pegmatite swarm mapped over several km's returned multiple rock chip samples in the 100's of ppm lithium with a highlight value of 250 ppm lithiumthe multi-element geochemistry suite shows similarities to one of the lithium bearing pegmatite zones at the Keliber project to the eastSubmitted applications for two exploration licenses totaling 4,550 hectares (ha) within the Nabba reservation including the 2,812 hectare Nabba license encompassing the Kyrola discovery.exploration licenses are required to commence trenching and drillingSignificantly increased the land package through acquisition and stakingacquired 7 highly prospective mineral reservations totaling 31,065 hectares through the acquisition of BB Gold Inc. and its wholly owned Finnish subsidiary Sisu Exploration Oystaked three additional mineral reservations totaling 23,000 hectares proximal to the Company's current licenses.\"European Energy Metals enjoyed considerable initial 'first pass' success in central Finland, already potentially discovering a significant drill target, at the Kyrola spodumene-bearing pegmatite boulder field,\" commented CEO Jeremy Poirier. \"With exploration license applications to permit ...