**Summary**
European Metals Holdings Limited (EMH) announced that its subsidiary, Geomet, has been granted an updated **Preliminary Mining Permit** by the Czech Ministry of the Environment for the **Cinovec South** lithium deposit. This permit, valid until 2033, covers 1.4807 km² and is a critical step toward obtaining a **Final Mining Permit**. Combined with existing permits for Cinovec Northwest and Cinovec-East, it encompasses the entire Cinovec ore reserve, Europes largest hard rock lithium deposit and the worlds fifth-largest non-brine deposit.
EMH plans to consolidate all three permits into one to streamline the process for a single Final Mining Permit. The Cinovec project, designated as a **Strategic Project** by the EU and the Czech Government, is well-positioned to benefit from the growing demand for lithium, particularly in Europe, driven by the EUs Critical Raw Materials Act.
The project is jointly owned by EMH (49%) and CEZ a.s. (51%), a leading Czech energy company. Cinovec has a measured and indicated resource of 413.5 million tonnes at 0.45% Li2O, with an initial probable ore reserve of 34.5 million tonnes at 0.65% Li2O, supporting 20 years of mining at 22,500 tpa of lithium carbonate.
EMH is progressing toward completing a **Definitive Feasibility Study (DFS)**, with metallurgical <mark style="background-color:yellow">test</mark>work successfully producing battery-grade lithium hydroxide and carbonate. The project is strategically located with strong infrastructure support, including road, rail, and power access.
Keith Coughlan, Executive Chairman, highlighted the permit as a critical milestone, aligning with favorable market conditions and regional support for the projects success.
**Key Points**
Preliminary Mining Permit granted for Cinovec South, valid until 2033.
Permit consolidation planned to streamline Final Mining Permit process.
Cinovec is Europes largest hard rock lithium deposit, designated as a Strategic Project by the EU and Czech Government.
Project benefits from strong lithium demand and EU Critical Raw Materials Act.
EMH progressing toward DFS completion, with positive metallurgical results.
Strategic location with robust infrastructure support.