- Europa Metals said it had completed the drilling of a new test hole at the Toral-lead-zinc-silver project in northern Spain.

An entire core sampled from the 'daughter hole' had been sent for independent metallurgical testwork.

Test results were expected to advance the conceptual mine design at Toral and potentially provide a first determination of the concentrate products obtainable for potential future sale to smelter operations, the company said.

A 'parent' hole had also been drilled and the samples sent for independent analysis to potentially inform a resource update for the project.

'We continue to make encouraging progress in respect of its stated work programmes and believe that the data being retrieved from Toral will significantly deepen our understanding of the project as a whole,' executive director Laurence Read said.

'We look forward to announcing the results of the analysis being undertaken on the samples collected from both TOD-023 and TOD-023D in due course.'

'We believe that Toral offers significant potential for the development of a new, economically robust lead-zinc-silver project in Europe and look forward to continuing our work with all stakeholders to progress towards this goal.'

At 2:35pm: [LON:EUZ] Europa Metals Ltd Ord Npv Di share price was -0p at 0.05p

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