Thursday, July 6, 2023

Announced the receipt and subsequent SEDAR filing of an independent technical report entitled "Finland Pegmatite Project Central Ostrobothnia, Western Finland" by Warren D. Robb, P.Geo. (BC) with an effective date of May 30, 2023. European Energy Metals has the option to earn up to an 80% interest in the Finland Pegmatite Project ("FPP") from Capella Minerals Ltd. (TSXV: CMIL) as detailed in the Company's 2023-March-06 and 2023-March-20 news releases. The report can be found on SEDAR or the company's website: europeanenergymetals.com.

The FPP consists of five mineral reservations prospective for lithium-cesium-tantulum and cover an area of 2300 square kilometers. The report focused on the four northern reservations Nabba, Lappajarvi W, Lappajarvi E, and Kaatiala, located 350 kilometers north of Helsinki and road accessible from the city of Kokkola.

"The Technical Report supports the Company's decision to acquire the Finland Pegmatite Project and provides a good technical base for our geological crews as they design our 2023 Phase I exploration program," stated European Energy Metals CEO Jeremy Poirier.

European Energy Metals. is a junior mining company currently focused on the Lithium-Cesium-Tantalum Finnish Pegmatite Project in central Finland. Governing bodies in Europe and Finland are legislating environmentally friendly and energy independent laws and policies. One of the key components is access to REE and specifically Lithium. The company is also focusing on its Champ Copper project located in Southeast British Columbia.