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
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...
21 January
Official signing of the Portuguese State Grant
Savannah joins other grant recipient companies at official signing ceremony
Savannah Resources Plc, the developer of the Barroso Lithium Project in Portugal, a 'Strategic Project' under the European Critical Raw Materials Act and Europe's largest spodumene lithium deposit (the 'Project'), was delighted to join with other recipients of State grants yesterday at the... Keep Reading...
21 January
Excellent Results from 2025 Core Drilling Program at McDermitt
Jindalee Lithium Limited (Jindalee, or the Company; ASX: JLL, OTCQX: JNDAF) is pleased to report assay results from the drilling program at the McDermitt Lithium Project completed late 2025. All holes returned strong lithium and magnesium intercepts from shallow depths, including:R92: 36.5m @... Keep Reading...
08 January
Top 5 US Lithium Stocks (Updated January 2026)
The global lithium market enters 2026 after a punishing 2025 marked by oversupply, weaker-than-expected EV demand and sustained price pressure, although things began turning around for lithium stocks in Q4. Lithium carbonate prices in North Asia fell to four-year lows early in the year,... Keep Reading...
07 January
5 Best-performing ASX Lithium Stocks (Updated January 2026)
Global demand for lithium presents a significant opportunity for Australia and Australian lithium companies.Australia remains the world’s largest lithium miner, supplying nearly 30 percent of global output in 2024, though its dominance is easing as other lithium-producing countries such as... Keep Reading...
05 January
CEOL Application for Laguna Verde Submitted
CleanTech Lithium PLC ("CleanTech Lithium" or "CleanTech" or the "Company") (AIM: CTL, Frankfurt:T2N), an exploration and development company advancing sustainable lithium projects in Chile, is pleased to announce it has submitted its application (the "Application") for a Special Lithium... Keep Reading...
29 December 2025
SQM, Codelco Seal Landmark Lithium Joint Venture in Salar de Atacama
Sociedad Quimica y Minera (SQM) (NYSE:SQM) and Codelco have finalized their long-awaited partnership, forming a new joint venture that will oversee lithium production in Chile’s Salar de Atacama through 2060.SQM announced on Saturday (December 27) that it has completed its strategic partnership... 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