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IN BRIEF: European Metals Notes Preliminary Mining Permit For Cinovec

Tue, 16th Jun 2020 13:44

European Metals Holdings Ltd - West Perth, Australia-headquartered mineral exploration and development company - Czech Ministry of the Environment Grants eight-year preliminary mining permit for eastern part of Cinovex deposit in the Czech Repulic. Geomet s.r.r controls the Cinovec lithium-tin project licences and is 49% owned by European Metals and 51% owned by CEZ a.s. This preliminary permit is a legal pre-qualification before obtaining a final mining permit and grants the right to apply for and obtain a final mining area and final mining permit.

Current stock price: 15.10 pence

Year-to-date change: down 5.6%

By Anna Farley; annafarley@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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