European Energy Metals Corp. (TSXV: FIN) (FSE: W28), has announced the fulfillment of the $1.0 million exploration expenditure commitment for the Central Finland Lithium Project, securing an initial 51% interest as stipulated by the Earn-In Agreement.
Key Earn-In Milestone Achieved by European Energy Metals Corp.
By surpassing the $1.0 million mark in exploration investments with over $1.1 million spent, the company has executed extensive sampling, mapping, and collected approximately 1,100 rock chip grab samples. These efforts have led to the identification of multiple high-grade lithium prospects now being prepared for drilling. The Company is also progressing towards converting 4,550 hectares of land into two Exploration Licenses to drill the most prospective targets.
The Earn-In Agreement with Capella Minerals Ltd (TSXV: CMIL) outlines further steps for European Energy Metals Corp., including additional cash payments and issuing shares, to increase its project interest to 80% by investing further in exploration efforts.
About European Energy Metals Corp.
Positioned within close proximity to the upcoming Keliber mine, European Energy Metals Corp. is a junior mining entity focusing on the Lithium-Cesium-Tantalum Finnish Pegmatite Project. As Europe and Finland drive towards renewable energy legislation, the company is primed to supply critical resources like lithium.
To connect with the CEO Jeremy Poirier for more details, interested parties can reach out via phone at 604-722-9842 or email email@example.com.
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