European Metals Holdings (LON:EMH) Keith Coughlan updates Proactive on developments at their Cinovec lithium project in the Czech Republic. The company has begun resource drilling at the Cinovec Lithium-Tin Project, with a total of 19 resource drill holes to be completed during the campaign totalling 5,550 metres. The company is aiming to provide a higher level of confidence for the banks to secure debt finance in 16 - 18 months time.
European Metals back drilling at Cinovec to build confidence ahead of debt finance
Quick facts: European Metals Holdings
Price: 23 GBX
Market Cap: £36.9 m
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