REG - European Metals Hldg - Updated Investor Presentation

AnsellAnnouncement

28/01/2022 08:05

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RNS Number : 9279Z  European Metals Holdings Limited  28 January 2022

 UPDATED INVESTOR PRESENTATION

European Metals Holdings Limited (EMH, Company) (ASX & AIM: EMH, OTC -
Nasdaq Intl ADS: EMHXY) is pleased to release the Company's Investor
Presentation, updated for recent market announcements.

The Company will participate in the ShareCafe Small Cap "Hidden Gems" Webinar,
to be held Friday 28th of January 2022 from 12:30pm AEDT / 9:30am AWST.

Executive Chairman Keith Coughlan will provide an overview of the Company
following these announcements.

Cinovec Lithium/Tin Project

Cinovec hosts a globally significant hard rock lithium deposit with a total
Measured Mineral Resource of 53.3Mt at 0.47% Li2O and 0.08% Sn, Indicated
Mineral Resource of 361.9Mt at 0.45% Li2O and 0.04% Sn and an Inferred Mineral
Resource of 295Mt at 0.39% Li2O and 0.04% Sn containing a combined 7.39
million tonnes Lithium Carbonate Equivalent and 263kt of tin (refer to the
Company's AIM release dated 13 October 2021) (Resource Upgrade at Cinovec
Lithium Project).  This makes Cinovec the largest hard rock lithium deposit
in Europe, the fourth largest non-brine deposit in the world and a globally
significant tin resource.

On 19 January 2022, EMH provided a PFS Update which indicates a return post
tax NPV(8) of USD1.938B and a post tax IRR of 36.3% and confirmed that the
Cinovec Project is a potential low operating cost, producer of battery grade
lithium hydroxide or battery grade lithium carbonate as markets demand. It
confirmed the deposit is amenable to bulk underground mining. Metallurgical
test-work has produced both battery grade lithium hydroxide and battery grade
lithium carbonate in addition to high-grade tin concentrate at excellent
recoveries. Cinovec is centrally located for European end-users and is well
serviced by infrastructure, with a sealed road adjacent to the deposit, rail
lines located 5 km north and 8 km south of the deposit and an active 22 kV
transmission line running to the historic mine. As the deposit lies in an
active mining region, it has strong community support (refer to the Company's
AIM release dated 13 October 2021(PFS Upgrade Delivers outstanding results).

This webinar is able to be viewed live via Zoom. To access further details of
the event and to register, please copy and paste the following link into your
internet browser

https://us02web.zoom.us/webinar/register/5416151767246/WN_3nPEM1GhTnGeTnTT9hZxoA
(https://us02web.zoom.us/webinar/register/5416151767246/WN_3nPEM1GhTnGeTnTT9hZxoA)

A recorded copy of the webinar will be made available following the event.

 

CONTACT

For further information on this update or the Company generally, please visit
our website at www.europeanmet.com (http://www.europeanmet.com)  or see full
contact details at the end of this release.

WEBSITE

A copy of this announcement is available from the Company's website at
www.europeanmet.com.

ENQUIRIES:

 European Metals Holdings Limited

 Keith Coughlan, Executive Chairman         Tel: +61 (0) 419 996 333

                                            Email: keith@europeanmet.com

 Kiran Morzaria, Non-Executive Director     Tel: +44 (0) 20 7440 0647

 Dennis Wilkins, Company Secretary          Tel: +61 (0) 417 945 049

                                            Email: dennis@europeanmet.com

 WH Ireland Ltd (Nomad & Joint Broker)

 James Joyce/James Sinclair-Ford            Tel: +44 (0) 20 7220 1666

 (Corporate Finance)

 Harry Ansell/Jasper Berry (Broking)

 Shard Capital (Joint Broker)               Tel:  +44 (0) 20 7186 9950

 Damon Heath

 Erik Woolgar

 Blytheweigh (Financial PR)                 Tel: +44 (0) 20 7138 3222

 Tim Blythe

 Megan Ray

 Chapter 1 Advisors (Financial PR - Aus)

 David Tasker                               Tel: +61 (0) 433 112 936

 

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