The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
rNS Number : 8863T
Europa Metals Ltd
19 November 2019
19 November 2019
Europa Metals Ltd
("Europa Metals", the "Company" or the "Group") (AIM, AltX: EUZ)
Commencement of drilling at the Toral Project
Europa Metals, the European focused lead, zinc and silver developer, is pleased to announce that, further to the Company's announcement of 15 November 2019, it has commenced diamond drilling at the Company's 100% owned Toral lead-zinc-silver project, located in the region of Castilla y León, north west Spain.
This diamond drilling campaign will initially focus on a target area to the west of the current Indicated resource area within the existing Inferred zone. The overall objective of the drill programme will be to seek to increase confidence levels in the resource within the central, proposed future mining area of the Toral Project, as announced on 15 November 2019.
For further information on the Company, please visit www.europametals.com or contact:
"I can resist everything except temptation" (O Wilde), so here goes, told you!
Lol....Please share your crystal ball :-$
4 weeks for the results - nice Xmas present.
I don't suppose you have tonight's Euro lottery numbers shed ??
the speed at which they are doing this tells us something- maybe the quick timescale is for the buyer/JV to be done asap - exciting times
Ha ha T no and you wouldn't want my numbers I promise! Interesting, no detail on target depth or timings, all getting a bit secret squirrel.
@ Steve...imo this appears more and more each day as a Farm in J/V.....My opinion only.
https://www.marshalllawyers.com.au/alerts/joint-venture-farm-in-agreements-aka-joint-venture-earn-ins
They like saying diamond drilling a lot don't they. Is this jedi mind tricks so that pis in a rush might not think about lead balloons instead?
Mr 16,821,582 just lost a nice £500 in about 20mins, off chasing rainbows elsewhere I guess............ :-(
Cmin, Yes I was about to comment on that, and it happened yesterday too. Probably the same idiot!
Was going to ask other day how quick would it take to get set up they don't hang about let's hope it's str8 n true down that hole hit target ...gla sit back relax wait ...
how long does the drilling take usually?
Mr 16,821,582.....mugged himself....must have set a stop loss.....what a dork !!
It is nice to see day traders get a kicking once in a while.
@ Steve..normally about 4 weeks...but as Shed has pointed out....very little detail provided on the drilling scope...
Couldn't resist picking up few more at 0.028 .gla
How longs a piece of string really? as so many variables... but in an effort to provide some clarity, typically diamond drilling size HQ and then NQ will drill anywhere between 10-30m per 12 hr shift. With 24hr operations at Toral and holes typically 650m - 800m at Toral, you’re looking at 14 days for a single hole. Rock conditions are always the variable which could push a Toral hole out to 3 weeks not accounting for breakdowns or any other unforeseen circumstances.
Geotechnical and Hydro drilling due to commence in Jan 2020 will only add to the timeline but a worthwhile exercise .
Hope that helps
thank you both- so hopefully all comes together before xmas with Mets.
Thanks Boka.... I also noticed no mention of the drilling contractor....Lol...guess its not the same crew that deviated before....hence no mention.
Of course it's the same crew, that crew deviated and then re-drilled correctly.
Ironically the crew that deviated were then tasked with the directional wedge hole..... lol
I’m sure it’s the same crew.... doesn’t make a lot of sense to change crew who by now would have a great understanding and experience of the ground on site and what to expect
Anyone else get the feeling that the "silent hand" wants some more resource in the "indicated category" .....rather rapidly ?