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EUROPA METALS LTD

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R 750.00(ZAR) estimated $ 40.72 (USD)*

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Europa Metals Ltd is a mineral exploration company focusing on lead-zinc deposits in Europe with current operations consisting of two assets located in northern Spain. The Toral Project is situated in northwest Spain represents a limestone hosted, structurally controlled deposit with the Lead (Pb), Zinc (Zn), and Silver (Ag) mineralisation situated within the limestone close to the boundary between footwall slates and hanging wall limestones and dolomites. The mineralisation occurs as semi-massive vein, breccia and carbonate replacement styles of mineralisation. The Toral deposit currently has a JORC (2012) compliant indicated mineral resource estimate of approximately 7Mt @ 8.1% Zn Equivalent (including Pb credits), 5% Zn, 3.7% Pb and 29g/t Ag, containing approximately 349,000 tonnes of zinc, 260,000 tonnes of lead and 6.6 million ounces of silver. This is contained within a total mineral resource of 20Mt @ 6.8% Zn Equivalent (including Pb credits), 4.4% Zn, 2.8% Pb and 23 g/t Ag.