EMH has reported an update to the Mineral Resource Estimate (MRE) at the company’s Cinovec lithium deposit in the Czech Republic. The MRE incorporates recent infill diamond drilling and has resulted in an overall increase in LCE (lithium carbonate equivalent) to 7.41Mt LCE. The critical takeaway is that 61.1% of the contained LCE in the resource is now classified in the higher confidence measured and indicated categories. Measured resources have been reported for the first time on the back of ti ....
13 Oct 2021
Cinovec resource upgrade raises confidence level
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Cinovec resource upgrade raises confidence level
European Metals Holdings Limited (EMH:LON) | 19.5 -0.3 (-8.2%) | Mkt Cap: 40.5m
- Published:
13 Oct 2021 -
Author:
Phil Swinfen -
Pages:
3
EMH has reported an update to the Mineral Resource Estimate (MRE) at the company’s Cinovec lithium deposit in the Czech Republic. The MRE incorporates recent infill diamond drilling and has resulted in an overall increase in LCE (lithium carbonate equivalent) to 7.41Mt LCE. The critical takeaway is that 61.1% of the contained LCE in the resource is now classified in the higher confidence measured and indicated categories. Measured resources have been reported for the first time on the back of ti ....