HIGHLIGHTS • Successful locked-cycle test ( LCT ) results further support the Cinovec project s credentials to initially produce battery-grade lithium carbonate. • European Metals has demonstrated that Cinovec battery grade lithium carbonate can be easily converted into lithium hydroxide monohydrate with a commonly utilised liming plant process. • Six LCTs were planned but testwork was stopped after four cycles as the main process stream compositions had successfully stabilised. • Battery grade lithium carbonate was produced in every LCT with lithium recoveries of up to 92.0% achieved in the four LCTs performed. • The LCTs tested zinnwaldite concentrate from the southern part of Cinovec, representative of the first five years of mining.
MEASURED RESOURCE DRILLING UPDATE European Metals Holdings Limited (ASX & AIM: EMH, NASDAQ: ERPNF) ( European Metals or the Company ) is pleased to announce that the Cinovec Project company Geomet s.r.o has submitted the documentation related to the initial EIA notification to the Czech Ministry of the Environment. The Company also provides the latest results from its current nineteen-hole resource drilling programme at the Cinovec Project. The current programme of work was announced by the Company on 10 August 2020 (Measured Resource Drilling Commenced). Drilling of seventeen of the nineteen holes has been completed and the eighteenth hole is currently underway. Analytical results for another six of the drill holes from the Cinovec South deposit are reported in this release.
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Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body; 4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;