Member Info for Mineralholder

Just received the link for the presentation tomorrow by "Laurence Read, CEO of Europa Metals, will provide a corporate update, and answer questions from analysts and industry specialists, following the independent Economic Study"
Hope this reaches some receptive ears and helps to continue build awareness here etc - must have something promising/convincing for prospective investors.

GLA
MH

Thanks Paddy - the satellite images are likely going to get even more interesting in the coming months!

GLA
MH

Hi Banker! Also very happy with the news here.

I hate to cross contaminate or use other stocks as examples on these boards, but I was, and am still in, GGP from the early days. Hell of a stock which with patience, thorough research and an awareness of regional needs has proven to be a fantastic investment and I believe still has much further to go considering the trajectory of its Havieron project and the needs of the gold major Newcrest.
I'm not saying EUZ is likely to replicate success to the same scale at all - we are unlikely to touch the recent £1 billion valuation of GGP here. But look at the fundamentals EUZ has to offer and you see why it is a compelling investment while it is at such a small mcap:

Safe EU jurisdiction of Spain also in need of more economic activity - see the good relations with local government and recent government grant to EUZ which is already being put to use in work towards the PFS.
A sizeable resource which looks to still have room to increase in size and so far has some highly encouraging economics which a PFS and further work will hopefully prove up even further. So far though, grades, recovery rates, and ore size looks very good.
A commodity market buoyant on the needs for the infrastructure spending post Covid and for the global and local economic recovery.
A geopolitical race to secure access to natural resources and invest in local exploration of metals especially (see EU and US strategies to reduce dependency on China)
Also of note is the change to the mining method highlighted in the Bara economic report to Sub-Level Longhole Stoping ("SLOS") mining method selected - more efficiencies being uncovered and consider still that areas or the project "remain open at depth as well as to the east. Such open areas have not yet been subject to structured exploration".

I think the investment case is there so long as the BOD can further shore up confidence in the project, let today's report do the talking and carry on their good work towards PFS and present the company well to investors. Patience and conviction will see the day I reckon. For such a low mcap, basically not even £3m when you exclude cash, this company an is appealing case.

Encouraged for the future - make sure to DYOR.

GLA
MH

Very pleasing news this morning here from Europa.
LR has a very strong pitch to investors - you can see it in his video interview - now with this independent economic report behind him and the de-risking of the project gradually being achieved. Size of the resource, even priced at a significant discount provides for a much higher market cap than the current one.
Results to date, the PFS yet to come, and better PR will get this on investors' radar hopefully.

https://www.youtube.com/watch?v=eIKtHaon-as&feature=youtu.be

GLA
MH

The Company expects to shortly be able to announce the findings of Bara Consulting's independent report containing 'updated economics for the Toral Project and an outline of the key parameters for a Pre-Feasibility Study ("PFS"), certain elements of which are already underway.

Furthermore, Europa Metals' operations team is finalising plans for a combined resource and metallurgical drilling programme, which will thereby enable draw-down of the initial €163,380 tranche of the CDTI grant, details of which were announced on 19 October 2020. The Company is also progressing its hydrogeological programme and its geotechnical and environmental/waste management workstreams.

In response to the ongoing COVID-19 pandemic, Europa Metals will continue to place the safety of its workforce above all other considerations and closely follow the necessary instructions and regulations stipulated by the relevant governmental authorities. Any material changes to the ongoing work programmes will be reported to the market as appropriate; at this time, all work streams remain on schedule.

Laurence Read, CEO of Europa Metals, commented:

"The renewal of our Investigation Permit for Toral for a further three year period follows the successful completion of the designated application process, and serves to demonstrate the supportive and cooperative development environment for appropriate metals projects within the Castilla y Leo´n region in Spain.

"With the Investigation Permit secured until late 2023, we shall now progress the further definition of the intrinsic value of Toral as a high grade, robust lead, zinc and silver project. It is anticipated that the independent updated economic study shall be concluded shortly, bringing together all the significant work completed at the project since 2018 and providing a detailed outline of a mine development model and related economics. On the ground, we shall now look to finalise our plans for our next drill campaign in order to commence this important element of the PFS work programme.

GLA
MH

The new 250 person camp at Havieron looks like it is nearly finished or at least filled with the prefabricated units judging by the new satellite image today as well.

MH

Hi all,

The Newcrest AGM is next week Melbourne time 11th November 10:30am which is Tuesday 10th November evening for us in the UK.
I'm sure I saw somewhere that the final date to submit objections to some of the work proposals at Havieron was the 10th November but is anyone able to verify this to double check? Have lost a couple of the links to the work proposals. Many thanks in advance!

GLA
MH

Whoever bought the 100,00 shares has the right idea - just cause there's a lack of chat on the bb does not mean the price is not being watched by others looking for a good entry/top up. Good weekend all!

MH

and Berenberg while they're at it! ;)

Amazing results - this deposit is still growing at a hell of a rate!

MH

Taken from the SKYTEM website one could see how such work could be beneficial towards the eventual PFS:

SkyTEM’s constant research and development in the airborne EM field allows exploration companies to apply our innovative technology to quickly collect the most accurate and highest quality data, from which beneficial information can be extracted. This data is of benefit not only to the mineral exploration team, but can be used by environmental, hydrological and geotechnical departments to bring together a cohesive socially and economically sustainable mining program in the future.

https://skytem.com/mineral-exploration/

MH

From the last results RNS I wonder if we will hear anymore on this:
"Acquisition of SKYTEM over the JV Blocks is being considered." Possibly aiming for an updated, refined AEM image?

Very excited for this evening. GLA
MH

SVE value still to be reached
NAV per share roughly 30p

http://www.share-talk.co.uk/announcements/rns/starvest-plc/net-asset-value-s/202010061202262583B

MH

Thanks for that tradeuk, made for good reading!

MH

Hi Tradeuk,

Can you point me in the direction of the Turner Pope 34p valuation please?
Excited for the upcoming news!

GLA
MH

When one compares with Toral's latest August 2020 updated JORC figures, EUZ looks to be in a good position:
http://www.europametals.com/site/content/default.aspx

Indicated resource estimate of approximately 3.8Mt @ 8.3% Zn Equivalent (including Pb credits) and 30g/t Ag, representing an approximate:
40% increase in Indicated resource tonnes; 38% increase in Indicated contained tonnes of zinc to approximately 180,000 tonnes; 36% increase in Indicated contained tonnes of lead to approximately 150,000 tonnes; and 32% increase in Indicated contained ounces of silver to approximately 3.7 million ounces.
A total resource of approximately 17Mt @ 6.9% Zn Equivalent (including Pb credits),
4.1% Zn,
2.9% Pb
24 g/t Ag, including:
720,000 tonnes of zinc, 510,000 tonnes of lead and 14 million ounces of silver.

High-grade recovery results from second phase metallurgical testing conducted by WAI (April 2020):
83.7% Pb recovery to a 60.0% Pb concentrate;
87.1% Ag recovery to 1,350ppm Ag within Pb concentrate;
and 77% Zn recovery to a 59.1% Zn concentrate.

Looking forward to hearing more news building towards the PFS.

GLA
MH

For such a small Mcap company with an asset such as Toral there looks like a fair bit if upside to come?

MH

Over the past 15 days there are 3 new holes to the right of the South West group, arguably the middle of the "south" of HAV. More infill/at-depth drilling here could make the MRE very interesting indeed if these prove up connections between Breccia and HGZs and are reported in early December I reckon. GLA

MH

Hi Spratt,

Is this below what you are after?
Supporting Statement for Havieron Project
Havieron Project Mineralisation Report

https://geodocs.dmirs.wa.gov.au/Web/documentlist/8/ML_NUM/M45%2F1287

All the best, MH.

https://twitter.com/PureGoldRedLake/status/1316492843733512192?s=20

Thanks Paddy for your continuous work. Interesting movement of a rig to the South East - are they revisiting an old hole to go deeper or is it a fresh one? Implications possible for the HGZ/Breccia connection further below ground I wonder...exciting times!

GLA. MH