European Metals gains short-term funding for Cinovec

ASX-listed European Metals has reported a maiden ore reserve of 34.5-million tonnes, grading 0.65% lithium oxide for its Cinovec lithium-tin project, in the Czech Republic. MD Keith Coughlan told shareholders that the conversion of 34.5-million tonnes of mineral resource to ore reserve was facilitated by the recently published prefeasibility study (PFS).