Europa Metals achieves milestone with formal licence application for Toral mine in Spain
–News Direct–
Europa Metals Ltd executive chairman Myles Campion joins Proactive's Stephen Gunnion with news that the company has submitted a formal licence application for the Toral mining project in Spain.
Campion said the milestone follows three to four years of dedicated teamwork through the process of exploration, evaluation and the prosecution of planning at Toral.
The application came under an exploration campaign agreement with Denarius Metals Corp and Campion said the company will continue to work with Denarius, which has a two-stage option agreement to earn a 51% stake in the project.
He said 2024 will see the recommencement of drilling and work commence on a preliminary economic assessment.
Europa Metals is a lead-zinc exploration company focused exclusively on European projects.
The company believes Europe, and in particular Spain, is an unrealised region for modern mine development and that the opportunity to create new mines within a best-practice social and environmental framework, near first-class infrastructure, is significant.
Contact Details
Proactive Investors
+44 20 7989 0813
View source version on newsdirect.com: https://newsdirect.com/news/europa-metals-achieves-milestone-with-formal-licence-application-for-toral-mine-in-spain-457376280
Europa Metals Ltd
COMTEX_442328701/2655/2023-10-23T11:02:52
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No News Postbox journalist was involved in the writing and production of this article.
