Share Prices & Company Research

Market News

20 Dec 2018 | 09:47

Europa Metals says drilling at Toral project delivered 'promising' results

Europa Metals said Thursday phase two drilling at its Toral lead, zinc and silver project in Spain had shown 'promising results.'

The company said the three infill diamond drill holes conducted at the Toral project intersected lead, zinc and silver mineralisation, confirming block model grade and thickness.

Drilling intercepted copper mineralisation within 280 meters of surface, with drill hole TOD-020 returning 0.68% of copper at 3 meters and 1.34% copper at 1 meter, the company added.

Europa said it would build the results into existing data sets and correlating with on-going surface mapping programme was expected to be completed in first quarter 2019.

During 2019, Europa Metals planned to continue its Phase II drilling into the main high grade zones of the project. 'Our limited, focused drill programme has given us promising results, confirming the block model results and geological theory of increasing grade with depth,' said Myles Campion, technical director of Europa Metals. 'I look forward to 2019 and expanding the infill drilling into the deeper, high grade core of Toral.'

At 9:47am: (LON:EUZ) Europa Metals Ltd Ord Npv Di share price was -0p at 0.05p

Story provided by StockMarketWire.com
Get in touch today
Join Redmayne Bentley
Talk to us now about opening a new account or transferring your account from another provider
0113 243 6941
Get in touch today
Contact your local office
Contact your local office to find out more
The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.
We use cookies on this site to improve your experience and help us provide you with a better website. An explanation of the cookies we use and their purpose can be found within our Cookie Policy. Your continued use of this site means you consent to the use of cookies.