European Electric Metals Reports on Assay Results from Rehova Phase One Drilling
488-1090 West Georgia St. www.europeanelectricmetals.com
Vancouver B.C. Canada V6E3V7 info @europeanelectricmetals.com
Tel: 604-687-7130 TSX-V: EVX
June 12, 2018
NEWS RELEASE
European Electric Metals Reports on Assay Results from Rehova Phase One Drilling
• 3.30m of 1.66% copper in hole REH-156B (all widths are true width)
• 3.0m of 1.15% copper in hole REH-246A
European Electric Metals (TSX-V:EVX) (“EVX” or “Company”) is pleased to announce results from the final
four drill holes of the Phase 1 drilling program at the Rehova Copper Project in Albania. Two of the holes were
drilled within the BG mineralized zone and the two were drilled to test geophysical (IP) targets.
Hole REH-246A was drilled 10m from historic drill hole R-246 wh ich intersected several mineralized zones.
Significant assay intersections in REH-246A are 4.0m at 0.75% C u from 110.5m including 1m at 2.47% Cu
from 112.5m. A second zone returned 7.1m at 0.67% Cu from 128.4m including 3m at 1.15% Cu from 129.5m.
The high-grade copper zones coincide with massive and semi-mass ive lenses of massive chalcopyrite and
pyrite. The historic R-246 includes 5.2 m at 2.86 % Cu from 99 m, 1m at 5.88% Cu from 135.0m, 3.2m at
2.31% Cu from 141.30m and 4.1m at 6.01% Cu from 147.5m. Due to difficult drilling conditions REH-246A
was stopped at 138.40m without intersecting the lower mineralized zones.
REH-156B was drilled close to the center of the BG deposit. Two main zones of mineralization were
intersected: the first zone starts from 194.5m to 197.8m (3.3m thick) and another from 202m to 207m (5m
thick). A semi-massive chalcopyrite with pyrite zone was inters ected at 194.5m to 195.5m. The rest are
generally, very fine grained to fine grained disseminated sulphides (pyrite>chalcopyrite) with centimeter-size
bands/lenses and fracture filling in breccias. The first zone averaged 1.66% Cu over 3.3m including 1m of
4.7% Cu. The second zone averaged 0.42% Cu over 5.0m from 202m. A thin lower sulfide horizon of very
fine-grain pyrite and chalcopyrite disseminations was also inte rsected at 211m to 213m (2m thick) grading
0.17% Cu. REH-156B is collared about 4m southwest of a historic al drill hole, R-156. The historical hole
reported an intersection of 11.9m at 4.27% Cu from 199.1m.
REH-01 and REH-02 drilled geophysical (IP) targets. REH-01 is l ocated just outside and south-southwest of
the historically delineated BG zone. The drill hole intersected a fault zone from 71.1m to 84.9m. Mineralization
in this zone is characterized of up to 3% coarse and fine-grain ed pyrite dissemination and less than 1% fine-
grained chalcopyrite dissemination. This zone has an intersecti on of 4.5m at 0.15% Cu from 70.5m to 75m.
Results from this hole are indicative that mineralization extends west beyond the known BG mineralized zone.
REH-02 was collared 110m east of REH-246A and about 60m outside and east of the delineated BG zone.
The drill hole intersected basalt and gabbro which are potential hosts of mineralization suggesting that
mineralization could extend to this point and farther east.
The table below presents the significant intersections.
ID From (m) To (m)
Interval
(m) % Cu Au g/t Ag g/t % Zn
True Width
REH-246A 110.50 114.50 4.00 0.75 0.07 6.06 0.37
Including 112.50 113.50 1.00 2.47 0.06 6.90 0.04
128.40 135.50 7.10 0.67 0.01 0.46 0.02
Including 129.50 132.50 3.00 1.15 0.01 0.71 0.03
REH-156B 194.50 197.80 3.30 1.66 0.08 4.85 0.51
Including 194.50 195.50 1.00 4.70 0.26 15.50 1.66
202.00 207.00 5.00 0.42 <0.005 0.17 0.01
REH-01 70.50 75.00 4.50 0.15 0.01 0.66 0.02
The samples were delivered to the ALS preparation laboratory in Bor, Serbia for sample preparation. The pulp
samples were then sent to ALS laboratories in Ireland and Romania for Au-AA24 & ME-MS61 analyses. The
samples submitted by the Company included external control samp les (blanks and certified reference
materials). ALS also employs their own internal QAQC and control sampling.
The Company plans to wait for the completion of 3D model that w ill be undertaken by Wood Canada as
previously reported before developing an exploration program for the next phase of work at Rehova including
Phase 2 drilling. The Company expects to develop a program that will confirm the presence of mineralization
extending both laterally but more importantly below the current depths of known mineralization. Geophysical
time electromagnetic (TEM) test surveys using a SQUID sensor are planned over the better mineralized areas
in BG to calibrate the instrumen t and then extend the coverage to other zones if results are indicative of the
presence of strong electric conductors and use the SQUID geophysics as a complementary method to the IP.
Downhole TEM surveys have been planned based on recent successful track record of finding off-hole section
and depth extensions of blind mineralization on other projects. Recent examples include the discovery of large
new massive sulphide lenses with this method in the Iberian Pyr ite Belt both in Portugal (Semblana in the
Neves Corvo camp) and in Spain (Deep Magdalena lens, East of Aguas Teñidas mine). This investigation may
cover all the deposit areas within the Rehova license. The obje ctive is to find additional mineralization to
significantly expand on historic drilling results.
EVX continues to conduct due diligence on multiple additional m etals projects in Europe and in the Balkans,
targeting potential new acquisitions.
Jose Mario Castelo Branco, EuroGeol, a Qualified Person under the meaning of Canadian National Instrument
43-101 and Chief Geologist of the Company is responsible for the technical content of this news release.
About European Electric Metals Inc.
European Electric Metals Inc. is a Canadian listed public compa ny, with projects in Europe. A major
shareholder of EVX is the European Bank for Reconstruction and Development. The goal of EVX is to become
a major source of battery metals such as copper, nickel and cobalt, and the company seeks to do so within safe,
stable and logistically attractive European jurisdictions. The Company's projects are ideally located with
excellent road, port and grid power availability, and near Euro pean countries that are poised to experience
dramatic growth in the electric-vehicle-manufacturing industry. There is a strong battery-manufacturing
industry within Europe with many more projects in the pipeline.
On behalf of the Company,
Fred Tejada, Chief Executive Officer and Director
Neither TSX Venture Exchange nor its Regulation Serv ices Provider (as that term is defined in
policies of the TSX Venture Exchange) accepts res ponsibility for the adequacy or accuracy of this
release.
Forward-Looking Statements . This news release contains “forward-looking” statements and i nformation
relating to the Company and the Rehova Project that are based on the beliefs of Company management, as well
as assumptions made by and information currently available to Company management. Such statements reflect
the current risks, uncertainties and assumptions related to cer tain factors including but not limited to, without
limitations, exploration and de velopment risks, expenditure and financing requirements, general economic
conditions, changes in financial markets, the ability to properly and efficiently staff the Company’s operations,
the sufficiency of working capital and funding for continued op erations, title matters, community relations,
operating hazards, political and economic factors, competitive factors, metal prices, relationships with vendors,
governmental regulations and ove rsight, permitting, seasonality and weather, technological change, industry
practices, and one-time events. Should any one or more risks or uncertainties materialize or change, or should
any underlying assumptions prove incorrect, actual results and forward-looking statements may vary materially
from those described herein. The Company does not undertake to update forward-looking statements or
forward-looking information, except as required by law.