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Europa Metals says water study findings are positive for Toral

The findings fall within acceptable boundaries for mine development in terms of economic viability and environmental management

Europa Metals Ltd - Europa Metals says water study finds are positive for Toral

Europa Metals Ltd (LON:EUZ) has revealed results from a conceptual hydrogeological study and water monitor, as part of its planning for mine development at the Toral  lead, zinc and silver project, in Spain.

It set out to establish the local baseline conditions at Toral, analyse water conditions in the potential mining area, plus gather data and findings for the development.

The initial study found that the project is likely in a seal against the surrounding water table, because it is hosted in limestones but does not have developed levels of drainage created from the dissolution of sedimentary material.

READ: Europa Metals completes Toral geotechnical study

It also concluded that the proposed mineable project area falls well within acceptable levels for economic mine development. Additional work including the drilling of a bore hole will be needed in a pre-feasibility study.

Future operations are deemed as “unlikely to have a detectable influence on the Sil River”, which is located nearby.

"The results from the initial conceptual hydrogeological study on the Toral Project are positive, outlining a water management scenario that falls well within acceptable boundaries for mine development in terms of economic viability and environmental management,” said Lawrence Reed, Europa executive director.

“Additional work will need to be undertaken in order to test the conceptual study's findings, but the initial results indicate that Toral should have limited impact on the local water conditions and that it does not suffer from any significant water issues that could impact on the future economic development of the project."

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