Quarterly Report (10-q)

European Metals Holdings Ltd - Australian mineral exploration & development company - Says Measured Resource drilling commences at the Cinovec lithium-tin project in Czech Republic. The first hole, CIS-18, is on schedule for completion at 275 metres. The programme commenced following the company receiving permission from the statutory authorities in the Czech Republic for this year's planned diamond drilling campaign. A total of nineteen diamond drill holes will be completed for 5,550 metres. Drilling is aimed at converting a portion of the existing Indicated mineral resource to the measured resource category and subsequently to a mineral reserve, to cover the first two years of the scheduled mining plan and obtaining a sufficient amount of ore samples for the next phase of metallurgical testing.

Current stock price: 15.70 pence

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By Evelina Grecenko; evelinagrecenko@alliancenews.com

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