European Metals Holdings Ltd executive chairman Keith Coughlan talks to Proactive London about their upgraded resource estimate for the Cinovec lithium-tin deposit in the Czech Republic following the completion of a drilling campaign at Cinovec South.
Total resources increased by 12.3 million tonnes (Mt) to 708.2Mt at 0.43% lithium oxide, said the AIM-listed company which owns 49% of the project.
He says the aim of this drilling program was to convert a larger portion of the resource to the measured category to provide greater certainty of the financial model and security to financiers.
Story by ProactiveInvestors
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