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European Electric Metals Commences Underground Program at Skroska
Oct. 23, 2018 08:51AM PST
Base Metals Investing
The area has been deemed during company inspections to be in good working condition, and, subject to engineering review, conducive to restarting mining operation.
European Electric Metals (TSXV:EVX) is commencing an underground sampling program over two adjoining parts of the laterite deposit measuring 250m x 45m and 70m x 40m where for the most part the infrastructure is ready at the Skroska nickel-cobalt mine in Albania.
According to the release, the blocks are accessible and supported by existing underground mining infrastructure. The area has been deemed during company inspections to be in good working condition, and, subject to engineering review, conducive to restarting mining operation.
As quoted in the press release:
There is electricity throughout the mine and the track system and air compression systems are in good working order. There is no water issue and the mine is well ventilated with no mechanized ventilation system in place. There are no rockfalls in any areas of the mine. The mine is serviced via hydro-electric power (the mine is on the power grid) and has paved road access nearby the property area with well-maintained gravel roads to the site. The site also has good office infrastructure and various storage/outbuildings that formerly supported previous state-run operation (1985-1990) and operation by current owner from 2008 to 2013 when it was put on care and maintenance.
Click here to read the full European Electric Metals (TSXV:EVX) press release.
