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Europa Metals jumps as it completes drilling at Toral project

Core samples from the drilling have been sent for independent assay with results expected later in the first quarter

Europa Metals Ltd - Europa Metals jumps as it completes drilling at Toral project

Europa Metals Ltd (LON:EUZ) has completed drilling at its Toral lead, zinc and silver project in north-west Spain.

The AIM-listed company said it had completed the TOD-025 drill hole as well as a wedge, TOD-025D.

READ: Europa Metals to focus on accumulated data at Toral

A visual review of intersected mineralisation had resulted in a decision to drill beyond the original target depth of 420 metres to 497 metres, Europa said, adding that core samples from the drilling had been sent for independent assay with results expected later in the first quarter.

The firm said the drilling campaign had targeted the highest grade areas of the Toral project in an effort to infill areas between historic drill holes.

The shares were 9.3% higher at 0.02p in mid-morning trading on Friday.

Quick facts: Europa Metals Ltd

Price: 0.0125 GBX

AIM:EUZ
Market: AIM
Market Cap: £2.09 m
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