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Post by pling on Feb 22, 2016 18:07:27 GMT
Fra menafn.com 18. februar 2016Cinovec lithium project in the Czech Republic- Cinovec hosts a hard rock lithium deposit of 514.8 million tonnes at 0.43% Li2O but the in-fill drilling results indicates good width and grades of tin and tungsten that could be recovered without added cost. - A second drill program will target the shallow high grade lithium zone that could form the basis of an early mining operation at Cinovec. - A scoping study over Cinovec revealed a production cost of approximately 800 per tonne of lithium carbonate including tin and tungsten credits. - Cinovec was historically mined and the resource inventory defined by the company as the largest lithium deposit in Europe and located centrally to major European end users. - Appealingly battery grade carbonate and high grade tin concentrate at high recoveries was produced from test work. Mer om Cinovec lithium project.
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Post by pling on Feb 26, 2016 17:45:24 GMT
Fra proactiveinvestors.co.uk 18. februar 2016European Metals hails drill results from lithium deposit- One of the holes, PSn01, found 0.46% lithium oxide over a 156 metres. The concentration rose to 0.63% over a 64 metre, higher grade section. - The second hole, PSn07, found lithium oxide at 0.32% over 194 metres, with a higher-grade section of 47 metres containing 0.47% lithium. - There were also zones that were enriched with tin and tungsten, which will provide a credit that will help pull down the overall cost of production when output begins in 2018. - The valuable tin and tungsten minerals will be recovered by gravity during the preparation of lithium concentrate without incurring added cost and will thus significantly reduce the total cost of lithium carbonate produced from the Cinovec project. - The company is now planning a second programme, which will begin in the second quarter. It will target the shallow high-grade lithium zone that it believes will form the basis of the initial mining operation at Cinovec.
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