We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for real-time alerts, custom portfolio, and market movers
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Europa Metals Ltd | LSE:EUZ | London | Ordinary Share | AU0000090060 | ORD NPV (DI) |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 1.15 | 1.10 | 1.20 | 1.15 | 1.15 | 1.15 | 36,633 | 08:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Gold Ores | 0 | -3.38M | -0.0359 | -0.32 | 1.08M |
From May 2019 to May 2024
TIDMEUZ
RNS Number : 0534L
Europa Metals Ltd
20 December 2018
20 December 2018
Europa Metals Ltd
("Europa Metals", the "Company" or the "Group") (ASX, AIM, JSE: EUZ)
Phase II Drilling Lead, Zinc, Silver and Copper Results, Toral Project, Spain
Highlights:
-- 3 infill diamond drill holes conducted at the Toral lead, zinc, silver project, northern Spain ("Toral" or the "Toral Project"),") - all of which intersected lead, zinc and silver mineralisation
-- These drill holes represent the initial infill drilling of the Phase II programme and the results confirm block model grade and thickness
-- Drilling strategy to remove 'gaps' within the known resource, all within 300 metres of topographic surface, and to identify geotechnical characteristics of a possible decline/entry route(s) for preliminary years of mining
-- Significant results including:
o Drill hole TOD-018: 3.8m @ 5.87% Zn Equivalent (Zn, Pb)
o Reportable copper mineralisation intercepted within 280 meters of surface (drill hole TOD-020). Further investigation now underway following 0.68% Cu @ 3 meters, including 1m @ 1.34% Cu
-- 3 diamond holes total 980.50 metres into the current defined JORC (2012) Mineral Resource estimate area
-- Drilling completed on budget and to schedule within the pre-existing defined resource area as previously announced
-- Europa now building results into existing data sets and correlating with on-going surface mapping programme to be completed in Q1 2019
Europa Metals, the European lead-zinc explorer, is pleased to announce assay results from the first stage of the Phase II drilling campaign at its wholly owned Toral Project. The diamond drilling programme intersected zinc, lead and silver (Zn, Pb, Ag) mineralisation in all three holes drilled, targeting to a depth within 300 metres of the topographic surface. The Phase II drilling is focused within the existing resource area to fill in gaps within the historic drill patterns. The next step of the Phase II programme is likely to target high grade Inferred Resource areas below approximately 400 metres from surface in order to progress the Toral Project towards a Feasibility Study.
This campaign is the first infill drilling programme conducted by Europa Metals' geological team in Spain within the pre-existing defined JORC (2012) resource area at the Toral Project. As announced on the 10 December 2018, Toral hosts a Mineral Resource estimate of 16 million tonnes @ 7.5% Zn equivalent (Pb, Ag), 3.9% zinc, 3.1% lead and 24g/t silver equating to 640,000 tonnes of zinc, 510,000 tonnes of lead and 13 million ounces of silver*. The Company intends to have the resource model updated once a significant amount of new exploration data is obtained throughout 2019.
Copper Intersection
The Europa Metals' geological team is also considering the results and implications of the TOD-020 drill hole that returned 3 metres at 0.68% copper from 297.35 metres. To date, copper traces have historically been encountered in the deposit, but the significance was unknown. This level of copper was not anticipated within the deposit so near to surface and follow up work is required to identify controls and extent of copper mineralisation.
*Zn Eq (Pb, Ag)% is the calculated Zn equivalent incorporating silver credits as well as lead; (Zn Eq (PbAg)% = Zn + Pb*0.96 + Ag*0.022). Zn equivalent calculations were based on 3-year trailing average price statistics obtained from the London Metal Exchange and London Bullion Market Association giving an average Zn price of US$2,500/t, Pb price of US$2,100/t and Ag price of US$17/oz.
http://www.rns-pdf.londonstockexchange.com/rns/0534L_1-2018-12-20.pdf
TOD-020 drill core with highly visible chalcopyrite copper sulphide mineralisation
Phase II Diamond Drilling Programme
As announced in October 2018, Europa Metals commenced a limited diamond drilling programme within the central area of the Toral deposit, with two objectives:
1. To inform the block model of the resource with grade and geotechnical characteristics; and 2. To inform the preliminary years of a conceptual mining scenario.
Lead, zinc and silver mineralisation was reported in each drill hole, with significant >5% Zn Eq (Pb Ag) intersections outlined below. TOD-018 results correlate well with the JORC 2018 Inferred Resource estimate in that area and depth. TOD-019, returned anomalous assays however below the >5% Zn Eq grade threshold for reporting of significant intercepts, and in addition to gaining further resource data, is providing the Company with important data on the position and direction of the mineralised structure as well as geotechnical data that will help with the design of the potential decline.
http://www.rns-pdf.londonstockexchange.com/rns/0534L_2-2018-12-20.pdf
Set out in Table 1 below are the significant intersections returned from drill hole TOD-018:
Hot Features
Premium
Hole Northing Easting RL Azimuth Dip Depth From To Width Pb Zn Ag Zn Eq
ID (m) (m) (m)* % % (g/t) (PbAg)%
TOD-018 682554 4709336 665 202 -67 367 348.80 352.60 3.80 2.99 2.58 21.75 5.87
--------- -------- ---- -------- ---- ------ ------- ------- ------ ----- ----- ------ --------
Table 1: Significant Zn-Pb-Ag intercepts from infill diamond drill campaign. *True thickness is approximately 90% of the drill thickness.
Notes:
1. Significant Zn Eq intercepts were generated using a 0.4% Zn Eq trigger value, minimum width of 2m, maximum consecutive waste interval of 2m, minimum average Zn Eq grade >5%
2. Significant Cu intercepts were generated using a 0.2% Cu trigger value, minimum width of 2m, maximum consecutive waste of 2m, minimum average grade of 0.6% Cu.
3. Zn equivalent calculations were based on 3 year trailing average price statistics obtained from the London Metal Exchange and London Bullion Market Association giving an average Zn price of US$2500/t, Pb price of US$2100/t and Ag price of US$17/Oz. Recovery and selling factors were incorporated into the calculation of Zn Eq values. It is the Company's opinion that all the elements included in the metal equivalents calculation (zinc, lead and silver) have a reasonable potential to be recovered and sold.
4. Zn Eq (Pb, Ag)% is the calculated Zn equivalent incorporating silver credits as well as lead and is the parameter used to define the cut-off grade used for reporting resources (Zn Eq (PbAg)% = Zn + Pb*0.96 + Ag*0.022).
5. No top cutting was applied to Zn, Pb, Ag or Cu grades.
Anomalous results for copper were observed in TOD-020 and follow up work is required to better identify the controls and distribution of copper mineralisation.
Hole Northing Easting RL Azimuth Dip Depth From To Width Cu Ag
ID (m) (m) (m)* % (g/t)
TOD-020 682443 4709313 663 202 -68 314.50 297.35 300.30 3.00 0.68 5.5
--------- -------- ----- -------- ---- ------- ------- ------- ------ ----- -------
Inc. 298.30 299.30 1.00 1.34 8.70
--------- -------- ----- -------- ---- ------- ------- ------- ------ ----- -------
Table 2: Significant Cu-Ag intercepts from Infill diamond drill campaign. *True thickness is approximately 90% of the drill thickness.
2019 Work Programme
Europa Metals will collate all of these results within the existing data package and, in Q1 2019, aims to complete surface mapping across the Toral Project, commence an environmental baseline study, and complete further historical core reinterpretation work.
The new information of high grade, near surface lead, zinc and silver results obtained from the reverse circulation drilling programme conducted earlier in 2018 and the copper intersections are also being interpreted to develop an understanding of the underlying sources of the Toral Mississippi Valley-type (MVT) system.
During 2019, Europa Metals will look to continue its Phase II drilling into the main high grade zones of the project with the intention of converting Inferred Resource to the Indicated category and conduct metallurgical testing.
Myles Campion, Technical Director of Europa Metals, commented:
"Our limited, focused drill programme has given us a promising results, confirming the block model results and geological theory of increasing grade with depth. I look forward to 2019 and expanding the infill drilling into the deeper, high grade core of Toral."
Laurence Read, Executive Director of Europa Metals, commented;
"The first phase of the diamond drilling programme was designed to investigate gaps within the existing resource and begin to build a schedule for the first few years of a potential mining project with all the drilling conducted within 300 meters of surface. The copper result is unexpected at this depth and again we see another occurrence of high grade mineralisation appearing nearer to surface. With a metre in excess of 1% we shall now work to determine the source of the copper at Toral. We look forward to putting out results of further work at our Toral Project in early 2019."
Competent Person's statement
The significant intercepts for the Toral Project were prepared by Mr J.N. Hogg, MSc. MAIG Principal Geologist for AMS, an independent Competent Person within the meaning of the JORC (2012) code and qualified person under the AIM guidance note for mining and oil & gas companies.
Mr Hogg has reviewed and verified the technical information that forms the basis of, and has been used in the preparation of, the significant intercepts in this announcement, including all analytical data, diamond drill hole logs, QA/QC data, density measurements, and sampling, diamond drilling and analytical techniques. Mr Hogg consents to the inclusion in this announcement of the matters based on the information, in the form and context in which it appears. Mr Hogg has also reviewed and approved the technical information in his capacity as a Competent person under the AIM Rules for Companies.
Additionally, Mr Hogg confirms that the entity is not aware of any new information or data that materially affects the information contained within the Company's previous announcements referred to herein.
For further information on the Company, please visit www.europametals.com or contact:
Europa Metals Ltd
Dan Smith, Non-Executive Director and Company Secretary (Australia)
T: +61 417 978 955
Laurence Read, Executive Director (UK)
T: +44 (0)20 3289 9923
Strand Hanson Limited (Nominated Adviser)
Rory Murphy / Matthew Chandler
T: +44 (0)20 7409 3494
Turner Pope Investments (TPI) Limited (Broker)
Andy Thacker
T: +44 (0)20 3621 4120
Sasfin Capital Proprietary Limited (a member of the Sasfin group) (JSE Sponsor)
Sharon Owens
T (direct): +27 11 809 7762
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014.
Glossary of technical terms:
"Ag" silver;
"Cu" Copper
"g" grammes;
"g/t" grammes per tonne;
"Inferred Resource" that part of a Mineral Resource for which quantity
and grade (or quality) are estimated on the basis
of limited geological evidence and sampling. Geological
evidence is sufficient to imply but not verify
geological and grade (or quality) continuity. It
is based on exploration, sampling and testing information
gathered through appropriate techniques from locations
such as outcrops, trenches, pits, workings and
drill holes;
"JORC" the Australasian Code for Reporting of Exploration
Results, Mineral Resources and Ore Reserves, as
published by the Joint Ore Reserves Committee of
The Australasian Institute of Mining and Metallurgy,
Australian Institute of Geoscientists and Minerals
Council of Australia;
"JORC (2012)" the 2012 edition of the JORC code;
"m" metre;
"Mineral Resource" a concentration or occurrence of material of economic
interest in or on the earth's crust in such form
and quantity that there are reasonable and realistic
prospects for eventual economic extraction. The
location, quantity, grade, continuity, and other
geological characteristics of a Mineral Resource
are known, estimated from specific geological evidence
and knowledge, or interpreted from a well-constrained
and portrayed geological model;
"Mt" million tonnes;
"oz" troy ounce;
"Pb" lead;
"QA/QC" quality assurance/quality control; and
"Zn" zinc.
APPIX: Table 1 Appendix 5A ASX Listing Rules (JORC 2012)
Section 1 Sampling techniques and data
(Criteria in this section apply to all succeeding sections.)
Criteria JORC Code explanation Commentary related to the Toral
Project
Sampling 2018 diamond drilling by Europa
techniques * Nature and quality of sampling (e.g. cut channels, Metals.
random chips, or specific specialised industry Diamond core was logged and
standard measurement tools appropriate to the sampled as per Europa Metals'
minerals under investigation, such as down hole gamma SOPs, which are in line with
sondes, or handheld XRF instruments, etc). These industry standards.
examples should not be taken as limiting the broad Geological and analytical data
meaning of sampling. is recorded on hardcopy.
Selective
sampling method was employed
* Include reference to measures taken to ensure sample around areas of interest.
representivity and the appropriate calibration of any Sampling
measurement tools or systems used. intervals measure approx. 1m.
Samples of 3kg were sent to
ALS Seville for preparation and
* Aspects of the determination of mineralisation that multi-element analysis by
are Material to the Public Report. ICP. Samples reduced to -400
microns and 100 g sub-sample
taken for analysis.
* In cases where 'industry standard' work has been done
this would be relatively simple (e.g. 'reverse
circulation drilling was used to obtain 1 m samples
from which 3 kg was pulverised to produce a 30 g
charge for fire assay'). In other cases more
explanation may be required, such as where there is
coarse gold that has inherent sampling problems.
Unusual commodities or mineralisation types (e.g.
submarine nodules) may warrant disclosure of detailed
information.
Drilling Three core drill holes total
techniques * Drill type (e.g. core, reverse circulation, open-hole 980.50 metres
hammer, rotary air blast, auger, Bangka, sonic, etc) Holes were a mixture of PQ, HQ
and details (e.g. core diameter, triple or standard and NQ. No orientation has
tube, depth of diamond tails, face-sampling bit or been done on drill core.
other type, whether core is oriented and if so, by
what method, etc).
Drill Recovery data was recorded as
sample * Method of recording and assessing core and chip part of the logging.
recovery sample recoveries and results assessed.
The CP has reviewed the recovery
* Measures taken to maximise sample recovery and ensure data for the diamond drilling
representative nature of the samples. and it is within industry
standards. Recovery is regularly
over 90%
* Whether a relationship exists between sample recovery
and grade and whether sample bias may have occurred
due to preferential loss/gain of fine/coarse
material.
Logging Core was logged on paper logs
* Whether core and chip samples have been geologically and transferred to an Access
and geotechnically logged to a level of detail to database.
support appropriate Mineral Resource estimation, DH lithology, alteration and
mining studies and metallurgical studies. mineralisation were recorded
by variable interval based on
characteristic similarities
* Whether logging is qualitative or quantitative in and change boundaries.
nature. Core (or costean, channel, etc) photography. Summary interval information was
inputted to the database,
comprising codes to describe
* The total length and percentage of the relevant logged lithology, alteration,
intersections logged. mineralisation and major
structure for the interval.
Core was routinely photographed.
Logging is considered
satisfactory for the level of
study
and resource class.
Sub-sampling Core was cut by standard core
techniques * If core, whether cut or sawn and whether quarter, saw and half core was submitted
and sample half or all core taken. for analysis.
preparation Sample collection, sample size,
preparation and analysis
* If non-core, whether riffled, tube sampled, rotary are considered appropriate for
split, etc and whether sampled wet or dry. the mineralogy and deposit
type.
Samples are considered
* For all sample types, the nature, quality and representative of the in-situ
appropriateness of the sample preparation technique. material
collected.
QA/QC sample insertion
* Quality control procedures adopted for all procedures were employed at a
sub-sampling stages to maximise representivity of ratio
samples. of 1 in 50, consisting of
blanks, duplicates and standards
The QA/QC is acceptable
* Measures taken to ensure that the sampling is
representative of the in situ material collected,
including for instance results for field
duplicate/second-half sampling.
* Whether sample sizes are appropriate to the grain
size of the material being sampled.
Quality Commercial laboratories ALS
of assay * The nature, quality and appropriateness of the Seville (ISO9001:2008) were used
data and assaying and laboratory procedures used and whether for sample analysis.
laboratory the technique is considered partial or total. Multi-element analysis,
tests including Pb, Zn, Cu, Ag by
ICP-MS
* For geophysical tools, spectrometres, handheld XRF were completed on all samples.
instruments, etc, the parametres used in determining Over limits samples were
the analysis including instrument make and model, re-analysed using ore grade
reading times, calibrations factors applied and their methods
derivation, etc. of determination.
Sample analytical techniques are
considered in line with
* Nature of quality control procedures adopted (e.g. industry standard for this style
standards, blanks, duplicates, external laboratory of mineralisation.
checks) and whether acceptable levels of accuracy Europa Metals conducted a QC
(i.e. lack of bias) and precision have been programme of inserting quarter
established. core field duplicates, coarse
blank and standards.
No significant issues or fatal
flaws were identified from
the assessment of QA data.
The nature and quantity of QA/QC
data, procedures employed,
level of accuracy and precision
are considered acceptable
for the assigned resource
classification. The quality of
assay data and laboratory tests
is acceptable for this deposit.
No geophysical tools,
spectrometers or handheld XRF
instruments
were used in the exploration and
resource work.
Verification Paper recorded drill hole
of sampling * The verification of significant intersections by logging data is transferred to
and assaying either independent or alternative company personnel. Excel, imported in to Access and
imported to Micromine 3D
geological modelling software
* The use of twinned holes. for validation.
DGPS collar and survey excel
data, and lab analytical data
* Documentation of primary data, data entry procedures, transferred from lab.csv, to
data verification, data storage (physical and Excel and imported to Micromine
electronic) protocols. 3D geological modelling
software.
Core logging has not been
* Discuss any adjustment to assay data. verified against lab assay
certificates
by AMS.
No adjustment to the analytical
data was considered necessary,
other than conversion to zinc
equivalents for reporting
purposes,
following industry best
practice. Raw analytical data
remained
unchanged.
Location Europa Metals diamond collars
of data * Accuracy and quality of surveys used to locate drill were surveyed using a Geomax
points holes (collar and down-hole surveys), trenches, mine 35 high-precision DGPS device
workings and other locations used in Mineral Resource Accuracy +/-3cm. Downhole survey
estimation. measurements taken using Reflex
Maxibore downhole survey
tool.
* Specification of the grid system used. Co-ordinate grid system used is
European Terrestrial Reference
System 1989 UTM Zone 29.
* Quality and adequacy of topographic control. Topographic DTM taken from 5 m
resolution Lidar data
MDT05-Lidar,
from government mapping and
survey association Plan Nacional
de Ortofotografía
Aérea (PNOA).
Data spacing The infill holes are on
and distribution * Data spacing for reporting of Exploration Results. approximate 130 metre centres
The distribution of drillholes
is sufficient to establish
* Whether the data spacing and distribution is a degree of geological and grade
sufficient to establish the degree of geological and continuity appropriate for
grade continuity appropriate for the Mineral Resource the Mineral Resource.
and Ore Reserve estimation procedure(s) and Intervals were not composited at
classifications applied. the sampling stage.
* Whether sample compositing has been applied.
Orientation Drilling is angled to intercept
of data * Whether the orientation of sampling achieves unbiased mineralised structures at
in relation sampling of possible structures and the extent to high angle, as close to
to geological which this is known, considering the deposit type. perpendicular to dip and strike
structure as
practicable.
* If the relationship between the drilling orientation No sample bias is introduced by
and the orientation of key mineralised structures is drilling orientation.
considered to have introduced a sampling bias, this
should be assessed and reported if material.
Sample Core logged and sampled in
security * The measures taken to ensure sample security. secure facility.
Samples are bagged in plastic
bags and labelled with
individual
sample numbers, sample name and
sample location. Each bag
is sealed to avoid loss and
contamination. Plastic bags are
placed in dry weave bags.
Samples are delivered to
laboratory by courier in secured
boxes.
Audits A Competent Person has reviewed
or reviews * The results of any audits or reviews of sampling and discussed diamond core
techniques and data. sampling techniques and findings
were satisfactory.
================== =============================================================== =================================
Section 2 Reporting of Exploration Results
(Criteria listed in the preceding section also apply to this section.)
Criteria JORC Code explanation Commentary
Mineral Toral exploration permit number
tenement * Type, reference name/number, location and ownership 15.199 (also referred to as
and land including agreements or material issues with third Permiso de Investigacion), is
tenure status parties such as joint ventures, partnerships, located approximately 400 km
overriding royalties, native title interests, northwest of Madrid, within the
historical sites, wilderness or national park and Province of León,
environmental settings. Autonomous
Community of Castile and Le n.
Licence 15.199 covers an area of
* The security of the tenure held at the time of 20 km(2).
reporting along with any known impediments to Exploration licence 15.199 is
obtaining a licence to operate in the area. owned by Goldquest Iberica,
S.L., a wholly owned subsidiary
of Europa Metals Limited.
The licence was renewed on 14
November 2017 for a period of
3 years.
Exploration 1972-1984 -
done by * Acknowledgment and appraisal of exploration by other Peñarroya-Adaro. 55 drill
other parties parties. holes, 36 wedge
drill holes.
1992-1995 - Geominera. Data
re-evaluation.
2005-2008 - Lundin Mining. 7
drill holes.
2009-2011 - Goldquest Mining.
Soil and rock geochemistry.
Historic gallery mapping. Data
evaluation. NI43-101 Mineral
Resource Estimate.
2012-2015 - Portex Mining
Corporation. Geological mapping.
Data re-evaluation.
2015-2016 - Goldquest Iberica
S.L. Soil and rock geochemistry.
Geological mapping.
2016-2017 - Goldquest Iberica
S.L. (Europa Metals Limited).
6 drill holes. Historic gallery
mapping and sampling. Data
re-evaluation and
interpretation.
Geology The Toral Project is located in
* Deposit type, geological setting and style of the Southwestern part of the
mineralisation. regional West Asturian Leonese
Zone (WALZ), a major
tectono-stratigraphic
unit of the Hercynian Orogeny.
The mineralisation at Toral is
considered as structurally
controlled carbonate hosted
Pb-Zn type. Shear and thrust
fault
controlled mineralisation within
favourable carbonate lithology
and favourable contrasting
contacts between carbonates and
shales.
Styles of mineralisation are
boudinage drusy quartz vein,
replacement breccia,
disseminated clots associated
with silica,
carbonate and chlorite
alteration.
Main metallic minerals are
Sphalerite, Galena, Pyrite,
Chalcopyrite
and silver.
Drill hole Drilling:
Information * A summary of all information material to the Number of drillholes used: 3
understanding of the exploration results including a Collar East: 682554mE - 682443mE
tabulation of the following information for all Collar North: 4709336mN -
Material drill holes: 4709313mN
Collar RL: 663mRL - 665mRL
Azimuth: 025deg - 209
o easting and northing Dip: -50deg - -68deg
of the drill hole collar Length: 299 - 367m
o elevation or RL (Reduced DH Interception depth: 160m -
Level - elevation above 270mRL
sea level in metres)
of the drill hole collar
o dip and azimuth of
the hole
o down hole length and
interception depth
o hole length.
* If the exclusion of this information is justified on
the basis that the information is not Material and
this exclusion does not detract from the
understanding of the report, the Competent Person
should clearly explain why this is the case.
Data aggregation No top cuts were applied to the
methods * In reporting Exploration Results, weighting averaging data.
techniques, maximum and/or minimum grade truncations Zn equivalent calculations were
(e.g. cutting of high grades) and cut-off grades are based on 3 year trailing average
usually Material and should be stated. price statistics obtained from
the London Metal Exchange and
London Bullion Market
* Where aggregate intercepts incorporate short lengths Association giving an average Zn
of high grade results and longer lengths of low grade price
results, the procedure used for such aggregation of US$2,500/t, Pb price of
should be stated and some typical examples of such US$2,100/t and Ag price of
aggregations should be shown in detail. US$17/Oz.
Recovery and selling factors
were incorporated into the
* The assumptions used for any reporting of metal calculation
equivalent values should be clearly stated. of Zn Eq values. It is the
Company's opinion that all the
elements included in the metal
equivalents calculation (Zinc,
Lead and Silver) have a
reasonable potential to be
ultimately
recovered and sold in the
future.
Relationship Mineralisation is interpreted as
between * These relationships are particularly important in the sub-vertical to steeply dipping
mineralisation reporting of Exploration Results. to the NE.
widths and Angled drilling is
intercept sub-perpendicular to +/- 20
lengths * If the geometry of the mineralisation with respect to oblique to
the drill hole angle is known, its nature should be mineralisation.
reported. True thickness of mineralisation
ranges from approximately
90%-80% downhole interval
* If it is not known and only the down hole lengths are length.
reported, there should be a clear statement to this
effect (e.g. 'down hole length, true width not
known').
Diagrams .
* Appropriate maps and sections (with scales) and
tabulations of intercepts should be included for any
significant discovery being reported. These should
include, but not be limited to a plan view of drill
hole collar locations and appropriate sectional
views.
Balanced All available exploration data
reporting * Where comprehensive reporting of all Exploration for the Toral deposit area
Results is not practicable, representative reporting has been collected and reported.
of both low and high grades and/or widths should be
practiced to avoid misleading reporting of
Exploration Results.
Other substantive No geophysical works have been
exploration * Other exploration data, if meaningful and material, completed.
data should be reported including (but not limited to): Geological mapping and solid
geological observations; geophysical survey results; geology map generation
geochemical survey results; bulk samples - size and completed.
method of treatment; metallurgical test results; bulk Structural interpretation and 3D
density, groundwater, geotechnical and rock modelling completed.
characteristics; potential deleterious or Soil geochemical surveys
contaminating substances. demonstrate strong coherent Zn
in
soil anomalism coincident with
interpreted controlling
structures.
No geotechnical, metallurgical
or bulk sample test work
completed
to date.
Further Surface drilling and trenching
work * The nature and scale of planned further work (e.g. works testing open strike extent
tests for lateral extensions or depth extensions or to the SE and infill drilling
large-scale step-out drilling). within current resource limits
to increase confidence and
resource class.
* Diagrams clearly highlighting the areas of possible Preliminary metallurgical
extensions, including the main geological testwork.
interpretations and future drilling areas, provided
this information is not commercially sensitive.
================== =============================================================== =================================
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
DRLFEMSFSFASEFE
(END) Dow Jones Newswires
December 20, 2018 02:00 ET (07:00 GMT)
1 Year Europa Metals Chart |
1 Month Europa Metals Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
