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IN BRIEF: Europa Metals says samples show potential for Toral in Spain

ALN

Europa Metals Ltd - Europe-focused lead-zinc and silver developer - Says the latest results based on bulk sample of siliceous mineralisation at its wholly-owned Toral project in the Castilla y Leon region in Spain demonstrate the potential for further optimisation of this project. Bulk samples show zinc equivalent grade rises to 6.0% from 3.5%. Moreover, bulk samples indicate recovery of just under 96% lead and just over 94% zinc.

The x-ray transmission ore sorting testwork was carried out by Tomra GmbH in Germany and overseen by Wardell Armstrong International Ltd in Cornwall. Chief Executive & Chair Myles Campion says these latest positive results from Tomra form part of the company's metallurgical work programme for 2022 and enhance the potential to efficiently exploit the resource at Toral.

Johannesburg current stock price: R 0.94, unchanged on Wednesday

12-month change: down 68%

London current stock price: 4.17 pence, up 4.3%

Year-to-date change: down 65%

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