Europa Metals has entered into an agreement with Xcalibur to fly its HeliTEM® helicopter-borne electromagnetic system, alongside high resolution magnetics, over the Company’s Austrian exploration belt.
The team on the ground at Kreuzeck West in Austria. Image Credit: Europa Metals
Historical mining in the area records significant graphite-bearing host rocks and fault zones. These conductive graphitic shear zones give the electromagnetic survey something to map, and the magnetics will help trace geological structures.
Chief Executive Officer and Executive Director Torey Marshal says, “eophysics is a force multiplier for our program. We have historic antimony workings associated with graphite-bearing rocks and fault zones, giving us a geological reason to look for conductive corridors. Adding the magnetic picture could help us follow the structures, connect the evidence and decide where to focus our next work.
Being on the ground with our Austrian team has let us move from desktop review to field planning. Dr Unterweissacher brings local knowledge that will be important as we work with landholders and authorities ahead of drilling. Kreuzeck West is our primary focus, and we look forward to providing more detail on the drill targets, including Catacombs as that work progresses.”
Europa will combine the new data with historical records and field checks to sharpen drill-target selection along more than 40 km of strike. Its review of historic data has produced proposed drill hole locations at Kreuzeck West. These include Catacombs, which brings together the historically mineralized Rabant, Edengang and Gurskerkammer areas. The locations are still at the planning stage and may change.
Dr Unterweissacher will be responsible for permitting and management in Austria.
Survey acquisition at Kreuzeck West is planned for November to December 2026, subject to contractor mobilization and weather. Landholder engagement and permit applications are ongoing.