Europa Metals Ltd - Europe-focused lead-zinc and silver developer - Says the latest assay results of seven drill holes at its Toral lead, zinc and silver project in Spain show "significant" mineralisation. "The current drill campaign is nearing its close and pleasingly all holes have intersected mineralisation as expected, with assays now received for all of the completed holes. The intersections reported to date have correlated well with the known existing resource," Chair & Chief Executive Myles Campion says.

Europa Metals also says detailed environmental studies are now nearing completion, which is required to finalise the formal submission of its mining licence application to the Mines Department of Castilla y Leon.

Current stock price in London: 2.77 pence, up 6.5% on Friday

12-month change: down 7.8%

Current stock price in Johannesburg: ZAR0.50, unchanged

12-month change: down 9.1%

By Artwell Dlamini, Alliance News reporter

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