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European Energy Metals Corp. (EUEMF) is a junior mining company focusing on the Lithium-Cesium-Tantalum Finnish Pegmatite Project in central Finland. The company recently acquired a 100% interest in the lithium Finnish Pegmatite Project from Capella Minerals Ltd. The Project covers approximately 2,500 km2 with multiple lithium-bearing spodumene pegmatite mineralization occurrences. European Energy Metals is dedicated to exploring and unlocking the lithium potential in the region. With an estimated €600 million investment from Sibanye-Stillwater Limited and the Finnish Minerals Group underway, the company is positioning itself within the hard-rock spodumene pegmatite lithium supply chain.
Recently, the company announced the commencement of gold exploration in Northern Finland and the appointment of Joel Leonard as the Chief Financial Officer and Corporate Secretary. With a strong focus on environmentally friendly and energy independent laws, European Energy Metals aims to contribute to the sustainable development of the mining industry in Europe.
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European Energy Metals (TSXV: FIN) (FSE: W28) reported the results of its inaugural Phase 1 exploration program for LCT (lithium-cesium-tantalum) spodumene-bearing pegmatites on its Central Finland Lithium Project. The program identified multiple areas with lithium mineralization, with the most significant discovery being a 350 m long by 110 m wide Northwest-Southeast trending spodumene-bearing pegmatite boulder field on the Nabba Reservation. The mean assay of the samples was 0.53% Li2O, and the boulders are also weakly anomalous in Cesium (Cs), Tantalum (Ta), Beryllium (Ta), and Tin (Sn). The company's projects are in the Kaustinen-Seinajoki region, which is highly prospective for LCT pegmatite deposits. The Company has submitted applications for Exploration Licenses covering an area of 4,550 hectares within its 11,690 hectare Nabba Reservation.
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European Energy Metals (FIN) Completes Successful Phase 1 Exploration Program in Central Finland Lithium Project
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European Energy Metals (TSXV: FIN) (FSE: W28) announces the staking application for three additional mineral reservations totaling 23,000 hectares, expanding the Company's holdings in Central Finland to over 250,000 hectares. The expanded land position resulted from the ongoing, fully funded Phase 1 exploration program, identifying potential extensions of prospective pegmatites. The Company represents one of the largest lithium-focused exploration companies in the country, with largely-contiguous property packages prospective for lithium-cesium-tantalum pegmatites.
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European Energy Metals (TSXV: FIN) (FSE: W28) announces the submission of applications for two Exploration Licenses covering 4,550 hectares in the Nabba Reservation, adjacent to Keliber Projects. The company aims to undertake advanced exploration, aligning with Sibanye-Stillwater's €600 million investment in open-pit and underground mining, Spodumene Concentrator, and Lithium Hydroxide Chemical Plant. The Nabba EL's cover historical Base of Till lithium anomalies and known Li-spodumene pegmatite prospects. CEO Jeremy Poirier highlights the significance of the milestone and eagerly awaits results from the Phase 1 exploration program for the 2024 exploration program.
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European Energy Metals announces the staking application for three additional mineral reservations totaling approximately 23,000 hectares in Central Finland, expanding the company's holdings to over 250,000 hectares. The expanded land position is a result of the ongoing Phase 1 exploration program, identifying potential extensions of prospective pegmatites. European Energy Metals becomes one of the largest lithium-focused exploration companies in the country.
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European Energy Mining Corp. has entered into a consulting arrangement with Marco Messina, a German communications and media services provider, for investor relations services. Messina will be paid EUR100,000 for one month of services.
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European Energy Mining Corp. closes over subscribed private placement, raising $2,083,608.
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European Energy Mining Corp. announces non-brokered private placement, aiming to raise up to $1,926,000. Majority of the placement expected to be subscribed by a strategic investor. Proceeds to be used for exploration work and working capital.
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European Energy Metals Inc. (TSXV: FIN) (OTCQB: EUEMF) has commenced trading in the United States on the OTCQB Venture Market, increasing access to institutional and individual investors. The company expects enhanced liquidity and investor awareness.
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European Energy Metals appoints Mike Basha as Vice President of Exploration
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FAQ
What is the current stock price of GRIT METALS (EUEMF)?
The current stock price of GRIT METALS (EUEMF) is $0.063368 as of December 18, 2024.
What is the market cap of GRIT METALS (EUEMF)?
The market cap of GRIT METALS (EUEMF) is approximately 6.3M.
What is European Energy Metals Corp. focused on?
The company is primarily focused on the Lithium-Cesium-Tantalum Finnish Pegmatite Project in central Finland.
What recent acquisition has the company made?
European Energy Metals Corp. recently acquired a 100% interest in the lithium Finnish Pegmatite Project from Capella Minerals Ltd.
What is the extent of the lithium-bearing spodumene pegmatite mineralization?
The company's exploration efforts have discovered multiple occurrences of lithium-bearing spodumene pegmatite mineralization with samples assaying from 3.84% Li2O to 0.003% Li2O.
Who has been appointed as the Chief Financial Officer and Corporate Secretary?
Joel Leonard has been appointed as the Chief Financial Officer and Corporate Secretary of European Energy Metals Corp.
What investment is underway in the Kautinen Region?
An estimated €600 million investment by Sibanye-Stillwater Limited and the Finnish Minerals Group is underway in the Kautinen Region to develop a spodumene pegmatite lithium supply chain.
Where can I find the Technical Report on the Central Finland Lithium Project?
The Technical Report on the Central Finland Lithium Project can be found on European Energy Metals Corp.'s website or under the Company's issuer profile on SEDAR+.
What exploration activities are planned for 2024?
The company is expected to announce its 2024 exploration plans soon, with activities set to commence before the end of May.
What are the Company's projects in Northern Finland?
European Energy Metals Corp. owns several 100 percent precious metals projects in Northern Finland, located in the Paleo-Proterozoic Greenstone Terrane.
Who prepared the Technical Report on the Central Finland Lithium Project?
The Technical Report was prepared by David Murray, P.Geo., President and Principal Consultant of Resourceful Geoscience Solutions Ltd., a Qualified Person.
What financial transaction was recently reported by the Company?
European Energy Metals Corp. granted an aggregate of 1,150,000 stock options to its directors and officers, exercisable to acquire one common share at an exercise price of $0.36 for five years.
GRIT METALS CORP
OTC:EUEMF
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50.88M
7.81%
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