Europa has confirmed that it has now collated and submitted all relevant work to the Spanish Government Centre for the Development of Industrial Technology (‘CDTI’) in relation to its Stage 1 completion of the €0.47 million (the ‘Grant’) Innovation grant-loan for its 100%-owned Toral Pb/Zn/Ag project (‘Toral’, ‘the Project’) in north-west Spain.
Upon completion of a formal review process, the Europa Metals Innovation Partnership intends to draw down Stage 2 funds of €0.16 million, following which the Board looks forward to updating investors on the Toral Pre-Feasibility Study (‘PFS’) campaign (of which 3,000m of drilling has been completed so far) and other activities. Drilling operations on the ground continue to progress despite ongoing Pandemic complications, which demonstrates the benefit of comprehensive planning and a highly experienced on-site team.
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