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Euro Manganese Inc.

10:23 AM EST - Euro Manganese Inc. : Announced the results of the Preliminary Economic Assessment ("PEA") for the development of Western Europe’s largest manganese deposit owned by Mangan Chvaletice s.r.o., a 100% owned subsidiary of EMN in the Czech Republic, the Chvaletice Manganese Project and provided further information for the Company’s development plans for 2019. Highlights PEA based on the recycling of a 27-million-tonne Measured and Indicated tailings resource (98.3% Measured) with a combined grade averaging 7.33% Mn, without the requirement of any hard rock mining, crushing or milling; 25-year project operating life producing 1.19 million tonnes of high-purity electrolytic manganese metal, two-thirds of which is expected to be converted into high-purity manganese sulphate monohydrate powder. Euro Manganese Inc. shares V.EMN are trading unchanged at $0.25.