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Europa Metals Ltd

Mining quarterly round-up: Europa Metals, Salt Lake Potash, Kore Potash, Thor MIning...

Brief excerpts from Thor, Kore and Salt Lake Potash

Aussie dollars
Updates fron the dual -listed Aussie miners

An environmental study and drilling potential high grade areas are among Europa Metals Ltd’s (LON:EUZ) key objectives for 2019 at Toral in Spain. A first diamond drill campaign in 2018 indicated lead and zinc in all holes including one unexpectedly high grade intersection near to surface.

“An intriguing copper result was also returned for the TOD-020 hole requiring further assessment,” said Laurence Read, executive director. Europa is delisting from the Australian Stock Exchange with AIM to become its primary listing.

Thor Mining PLC's (LON:THR) cash position remains 'sound', with forecast activities fully financed until late 2019, having raised £581,000 from the exercise of warrants during the quarter.

Kore Potash PLC (LON:KP2) expects the consortium of French firms that put together the DFS for the Kola potash project in Congo Brazzaville to submit a proposal (EPC) to build the mine this quarter. At end December 2018, Kore had US$6.2mln cash in the bank.

Salt Lake Potash Ltd (LON:SO4) is already producing substantial volumes of potassium harvest salts from trials at Lake Way. A start to construction of the Williamson Ponds is also imminent and they will be the first operational scale Sulphate of Potash (SOP) evaporation ponds built on a salt lake in Australia. Cash at end December was A$12mln.

Quick facts: Europa Metals Ltd

Price: £0.00

Market: AIM
Market Cap: £5.06 m
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