The team at Share Talk would like to say a big thank you to Mining Maven for letting us partner, being involved in the two London show’s. A brand we respect and proud to have participate alongside at the events.
In this article we highlight Mkango Resources LON:MKA presentation, 17th November 2016. We also take a closer look at a meeting that took place the following day at the London hotel, Dorsett, Shepherds Bush.
From left to right; Alex Lemon, Will Dawes & Derek Linfield
Small over view; Mkango LON:MKA is focused on the development of the Songwe Hill rare earth project and Thambani uranium project in Malawi. Songwe has advanced from an early stage in 2010 through two phases of drilling, resource definition and extensive metallurgical test work to completion of a pre-feasibility study in September 2014, updated in November 2015, one of only a handful of rare earths projects globally to have advanced beyond this stage and amongst the lowest capex in the sector
Lithium Indicated Resource at Cinovec Increased by 420%
European Metals Holdings Limited (“European Metals” or “the Company”) (ASX and AIM: EMH) announce an interim upgrade of its Mineral Resources at the Cinovec lithium/tin project in the Czech Republic. The upgrade has delivered a 420% increase in Indicated Mineral Resources, which, when combined with the Inferred Mineral Resources, results in a total resource of an estimated 6.46Mt of LCE.
The significant increase in the indicated portion of the Mineral Resource, and the resource in total, will have a positive impact for mine planning and the life of mine. In particular, the Mineral Resource will allow management to optimise the mine plan and maximise Cinovec’s financial returns and further progress in the ongoing pre-feasibility study, which is due for publication at the end of March next year.
In this segment, we are joined by Steve Larratt, Share Research and Business Analyst at Share Talk and Peter Higgins, Private Investor and Stock Trader at Share Talk, who detail the business model to Tip TV viewers. The segment is hosted by Tip TV Presenter Zak Mir.
Both Larrat and Higgins stress the point that Share Talk is not involved in stock recommendation, but limits itself to unbiased distribution of every piece of information that would help the investors take an investment call.
Investors out there, how about a face to face meeting with the company’s CEO/CFO, Sounds interesting? Check out the full video.
European Metals has grown over 2016 with Keith Coughlan at the helm, 2017 should see a company re-rate, institutional interest growing as EMH moves closer to production.
RNS release, Australian #ASX market Lithium Indicated Resource at Cinovec Increased by 420%
BACKGROUND INFORMATION ON CINOVEC
Cinovec Lithium/Tin Project
European Metals owns 100% of the Cinovec lithium-tin deposit in the Czech Republic. Cinovec is an historic mine incorporating a significant undeveloped lithium-tin resource with by-product potential including tungsten, rubidium, scandium, niobium and tantalum and potash. Cinovec hosts a globally significant hard rock lithium deposit with a total Indicated Mineral Resource of 49.1Mt @ 0.43% Li2O and an Inferred Mineral Resource of 482Mt @ 0.43% Li2O containing a combined 5.7 million tonnes Lithium Carbonate Equivalent.
This makes Cinovec the largest lithium deposit in Europe and the fourth largest non-brine deposit in the world.
Tesla CEO, Elon Musk, recently revealed plans to open a second Gigafactory somewhere in Europe. Sources close to TSIindicate this could be just north of Prague, Czech Republic.
Construction on the Gigafactory 1 in the aptly named, Electric Avenue, Sparks, Nevada, is currently under way and when finished, will be the biggest building in the world. It is an incredible endeavor and would allow Tesla to improve the speed at which they create their lithium-ion batteries. The factory will power itself using renewable energy, employ 6000 staff and leave minimal impact on the environment.