Lithium Junior Miners News For The Month Of February 2024

European Lithium Limited [ASX:EUR] (OTCQB:EULIF)

On January 31, European Lithium Ltd announced: "Quarterly report quarter ended 31 December 2023." Highlights include:

• "Work continues to cover the environmental impact assessment [EIA] determination procedure forming a fast-track-eligibility approval process covering the application of the final mining decree for the Wolfsberg Lithium Project (Wolfsberg Project). This essential work contributes towards operational readiness and construction of mine facilities.
• Internal studies continue to assess the technical and commercial impacts of relocating the hydroxide plant to Saudi Arabia, based on the DFS results for the Wolfsberg Project presented in December 2022 by lead consultant DRA Global (DRA)...
• The approved Zone 2 drilling program by the Mining Authority will commence in Q1/24 drilling contractor will be GEOPS.
• An exploration program has been developed for the future lithium targets in Styria, Austria, recently acquired from Richmond.
• EUR continues collaborating with a research group from the University of Graz to develop local lithium hydroxide production from recycled Lithium-Ion batteries.
• GREENPEG (EU-funded) supported infield and underground work continues. A fully GREENPEG funded comprehensive airborne geophysics program was completed during the quarter to assess a new airborne technology (via Helicopter) for its suitability in mineralization such as the Wolfsberg Project.
• E47/4144 located in the northwest of Western Australia continues to progress through the WA Mining Act regulatory application process.
• EUR advances towards completion of business combination with Sizzle Acquisition Corp. that at conclusion will own the Wolfsberg Project via a newly-formed company, 'Critical Metals Corp' which is expected to be listed on the NASDAQ."

On February 19, European Lithium Ltd announced:

Request for voluntary suspension...The voluntary suspension is requested pending an announcement by the Company regarding an update on the potential investments from strategic parties...

On February 26 European Lithium announced: "Voluntary suspension extension."