Europa Metals has signed an agreement with concentrate marketing agent, Conrad Partners, in relation to the Company’s wholly-owned Toral lead, zinc and silver project situated in the region of Castilla y León, north-west Spain.
Conrad Partners is a leading Hong Kong based concentrate agent within the industrial metals space, with a track record of structuring agreements and managing concentrate sales for a series of pre-production and producing companies worldwide.
Europa Metals believes it prudent to engage with Conrad Partners at the current time, in order to access its valuable advice and proven expertise in delivering successful offtake relationships for global mining companies.
The Marketing Agreement is non-exclusive and thereby permits the Board of Europa Metals to pursue other potential product relationships as appropriate.
“The Toral lead zinc and silver project has reached the stage where operations can be advanced through the use of the potential concentrate output from the project,” Laurence Read, CEO of Europa Metals, commented.
“Accordingly, we have been engaged in a process with the Conrad Partners’ team over recent months, which has included their review of our project data room. I am delighted that, following this review period, we have now executed the Marketing Agreement, which serves to appoint Conrad Partners as a marketing agent for the Toral Project. “The marketing agreement is also in place ahead of our next round of metallurgical results and a new resource, both of which we look forward to announcing shortly.”