# European Metals Holdings Limited Resource Drilling Commenced

- Link: https://www.directorstalkinterviews.com/european-metals-holdings-limited-resource-drilling-commenced/412760813
- Published: 2018-11-05T09:17:45+00:00
- Author: Charlotte Edwards

**European Metals Holdings Limited** (LON:EMH) today provided a project update highlighting
further significant advancements made in the development of the Cinovec Lithium-
Tin Project.

**HIGHLIGHTS**

· The planned diamond drilling resource campaign has commenced.

· A total of eight resource drill holes will be completed during this campaign with
the first hole already completed.

· Geophysical logging of the first four geotechnical drill holes at the proposed
mine portal site has been completed.

· A further five geotechnical drill holes are planned once resource drilling has
been completed.

The Company can confirm that resource drilling has commenced and that the first 
hole, CIS-10, has been completed at 340 metres, following the Company receiving 
permission from the statutory authorities in the Czech Republic for the commencement
of this year’s planned diamond drilling campaign.

As reported on 1 October 2018 (DFS LEVEL DRILLING PERMITS GRANTED – LITHIUM HYDROXIDE
TESTWORK COMMENCED), drilling is aimed at converting a sufficient portion of the
existing Indicated Mineral Resource to the Measured Resource category to cover the
first two years of the scheduled mining plan. A total of eight diamond drill holes
will be completed for 2,560 metres. The area to be drilled is shown in Figure 1.

The Company is also pleased to report the completion of downhole geophysical logging
of the initial four geotechnical holes that were reported on 4 September 2018 (CINOVEC
PROJECT UPDATE – SIGNIFICANT ADVANCEMENTS) for the portal area.

A further five geotechnical holes along the planned mining decline route will be
drilled and logged subsequent to the completion of the resource drilling. This data
will allow final development ready designs to be completed for the portal and decline.

> **European Metals Managing Director Keith Coughlan commented**, “We are very pleased
> to have begun our DFS drilling programme so soon after receiving permission for
> the work. This drilling campaign will provide an upgrade to the existing resource
> at Cinovec. We are excited about the acceleration in the rate of project development
> that has been achieved by the team in recent months. We look forward to soon being
> in a position to release the results of our lithium hydroxide, final product, 
> option study.”

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