The Conversation (0)
September 07, 2022
European Lithium Limited (ASX: EUR, FRA:PF8, OTC: EULIF) (the Company) is pleased to advise that EV Resources Limited (ASX: EVR) has announced that high-grade lithium assays have been received from sampling undertaken at various prospects within the Eastern Alps Lithium Satellite Projects, located in Austria, which are held 20% by the Company and 80% by EVR.
HIGHLIGHTS
- High-grade lithium assays returned from rock chip samples taken during sampling programs at three selected Austrian lithium projects held in joint venture.
- The projects are located within the Eastern Alps close to the Company’s Wolfsberg Lithium Project (Wolfsberg) which has a JORC compliant Total Mineral Resource Estimate of 12.9 MT @ 1.00% Li2O.
Commenting on the high-grade samples, Executive Chairman Tony Sage said “We are encouraged to see exceptional high-grade lithium samples found on our JV projects and ground close to the Company’s Wolfsberg Lithium Project. It provides further confidence to support our understanding of the prospectivity of the immediate project area and region. The Company looks forward to commencing further drilling at Wolfsberg within Zone 2, later this year (see EUR announcement dated 28 July 2022: Quarterly Report). We continue to work collaboratively to develop the region and secure a local lithium supply chain for Europe.”
Collaboration
The Company previously announced that it had entered into a Collaboration Agreement with EVR and an agreement to acquire a 20% interest in EVR’s Austrian Lithium assets from their JV partner (EVR Acquisition) (refer EUR announcement dated 11 May 2021).
See EVR’s announcement dated 8 September 2022, High Grade Lithium Samples up to 3.24% LI2O at Austrian Lithium Projects (a copy is attached).
Click here for the full ASX Release
This article includes content from European Lithium Limited, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
EUR:AU
INN Article Notification
07 September 2023
European Lithium
Developing the Advanced Wolfsberg Lithium Deposit in Austria
Developing the Advanced Wolfsberg Lithium Deposit in Austria Keep Reading...
27 August 2025
CRML signs LOI Offtake Agreement with UCORE (DOD Funded)
European Lithium (EUR:AU) has announced CRML signs LOI Offtake Agreement with UCORE (DOD Funded)Download the PDF here. Keep Reading...
20 August 2025
Outstanding New 2024 Diamond Drill Results Tanbreez Project
European Lithium (EUR:AU) has announced Outstanding New 2024 Diamond Drill Results Tanbreez ProjectDownload the PDF here. Keep Reading...
30 July 2025
Quarterly Activities Report and Appendix 5B
European Lithium (EUR:AU) has announced Quarterly Activities Report and Appendix 5BDownload the PDF here. Keep Reading...
24 July 2025
EUR Sells 0.5m CRML Shares for U$1.8m (A$2.7m)
European Lithium (EUR:AU) has announced EUR Sells 0.5m CRML Shares for U$1.8m (A$2.7m)Download the PDF here. Keep Reading...
09 July 2025
EUR Sells 0.5m CRML Shares for U$1.625m (A$2.5m)
European Lithium (EUR:AU) has announced EUR Sells 0.5m CRML Shares for U$1.625m (A$2.5m)Download the PDF here. Keep Reading...
5h
Jindalee Signs BCA to List McDermitt on NASDAQ
Jindalee Lithium (JLL:AU) has announced Jindalee Signs BCA to List McDermitt on NASDAQDownload the PDF here. Keep Reading...
13h
Appointment of Australian Resident Independent Non-Executive Director
CleanTech Lithium (AIM: CTL, Frankfurt:T2N), an exploration and development company advancing sustainable lithium projects in Chile, has appointed an Australian resident independent non-executive director, Todd Ross, with immediate effect.Mr Ross is an Australian resident director with an... Keep Reading...
08 April
Lithium Market Update: Q1 2026 in Review
Lithium prices have rebounded sharply, with spot battery-grade lithium carbonate rising from about US$13,433 per metric ton in early December to US$26,278 by late January, a 95 percent increase. The rally reflects growing supply-side pressure, including delays at key operations such as CATL's... Keep Reading...
08 April
ILC Critical Minerals Ltd. Announces Private Placement
ILC Critical Minerals Ltd. (TSXV: ILC) (OTCQB: ILHMF) (FSE: IAH0) ("ILC" or the "Company") is pleased to announce a non-brokeredprivate placement (the "Offering") of up to 50,000,000 common shares at CAD$0.02 per share to raise gross proceeds of up to CAD$1,000,000. There are no warrants... Keep Reading...
27 March
Global Scramble for Critical Minerals Fuels Diplomatic Frictions
The US is escalating its push to secure access to critical minerals through trade deals and diplomatic pressure as competition with China intensifies, but the strategy is increasingly meeting resistance from resource-rich countries seeking greater control over their reserves.The latest friction... Keep Reading...
25 March
Zijin to Start DRC Lithium Mine Production in June
Zijin Mining Group (HKEX:2899,SHA:601899,OTCPL:ZIJMF) plans to start production at its Manono lithium project in the Democratic Republic of Congo (DRC) in June, adding a major source of the battery metal as supply tightens.The Chinese miner plans to commission its Manono project in June, with... Keep Reading...
Latest News
Interactive Chart
Latest Press Releases
Related News
TOP STOCKS
American Battery4.030.24
Aion Therapeutic0.10-0.01
Cybin Corp2.140.00