European Energy Metals announced that beginning in May, it will begin conducting gold exploration on its Northern Finland portfolio of projects. The Company currently holds 5 individual mineral reservations covering approximately 300,000 ha (3,000 km2) primarily in the Central Lapland Greenstone Belt ("CLGB") in Northern Finland. The Company also continues to advance its lithium exploration targets on the Nabba and Nabba 2 Exploration Licences recently granted.

The Paleo-Proterozoic Greenstone Terrane of Northern Finland is comprised of multiple greenstone belts including the CLGB which hosts world-class gold (eg Kittila Deposit, owned by Agnico Eagle and Ikkari Deposit, owned by Rupert Resources) and base metal deposits (eg Kevitsa owned by Boliden and Sakatti owned by Aglo-American). The belt's potential is also suggested by the presence of several major mining companies in the belt. The belt has very recently garnered significant interest following an offer from Rupert Resources to buy B2Gold's 70% interest in a Joint Venture between B2Gold and Aurion Resources which lies adjacent to Ruperts Ikkari Deposit, for $102 million.

The joint venture ground is strategic to Ruperts proposed development of the Ikkari Deposit but is also host to numerous gold prospects along a structural corridor that extends >125 km. The Company's projects occur in an underexplored part of the CLGB but are underlain by favourable host rocks of the CLGB and numerous throughgoing faults, domain boundaries and unconformities, considered favourable sites for gold mineralization. Ikkari occurs adjacent to a domain boundary.

Preliminary reconnaissance prospecting has identified gold and/or copper occurrences locally on the. company's licences.