Europe-focused lead, zinc and silver developer Europa Metals on Tuesday announced an indicated resource of about 2.7-million tonnes at 8.9% zinc-equivalent for its Toral project, as well as a 12% increase in the total resource to about 18-million tonnes.
The London- and Johannesburg-listed company said that the resource update was a significant step forwards for the overall project programme, from the initial conceptual scoping study based on Europa’s work conducted at Toral in 2017/18 and the previous inferred-only resource estimate announced at the end of 2018.