European Metals (ASX:EMH) - Managing Director, Keith Coughlan
Managing Director, Keith Coughlan
Source: PPR Australia
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  • European Metals (EMH) is seeking government environmental approval for its Cinovec Project in the Czech Republic as it wraps up a 19-hole resource drill effort
  • The company announced today it had submitted initial documentation for an environmental impact assessment to the Czech Ministry of the Environment
  • European Metal’s Executive Chairman Keith Coughlan described it as a critical path item in relation to finalising the approval for the Cinovec mine
  • In addition, EMH has wrapped up 17 out of 19 drill holes at the project which have returned notable results including 0.56 per cent lithium oxide, including 6.7 metres at 0.93 per cent lithium and 20 metres at 0.13 per cent tin
  • European Metals shares are up 4.36 per cent trading at $1.44

European Metals (EMH) is seeking government environmental approval for its Cinovec Project in the Czech Republic as it wraps up a 19-hole resource drill effort.

The Cinovec lithium-tin project is held in a joint venture with CEZ and situated 100 kilometres northwest of Prague on the border with Germany.

European Metals announced today that the Cinovec Project company Geomet s.r.o — which controls the mineral exploration licenses awarded by the Czech State — has submitted an initial environmental impact assessment to the Czech Ministry of the Environment.

European Metal’s Executive Chairman Keith Coughlan described it as a critical path item in relation to finalising the approval for the Cinovec mine.

“We anticipate that the process will enable European Metals and its joint venture partner CEZ to actively engage with the relevant stakeholders to ensure that
all affected parties are consulted and all viewpoints are actively considered,” he commented.

Further to this, the company provided an update on its 19-hole drilling campaign being undertaken at the project with 17 drill holes completed so far and the 18th underway.

Notable results from the campaign so far returned 66.5 metres averaging 0.56 per cent lithium oxide, including 6.7 metres at 0.93 per cent lithium and 20 metres at 0.13 per cent tin.

A separate hole returned 88.2 metres averaging 0.60 per cent lithium oxide and 0.17 per cent tin including 21.4 metres at 0.73 per cent lithium oxide and 0.46 per cent tin.

European Metals shares are up 4.36 per cent trading at $1.44 at 12:18 pm AEST.

EMH by the numbers
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