European Electric Metals Inc. announced that it has received assay results from the Company’s Phase 1 underground sampling program in the Skroska Co-Ni laterite mine. The sampling program was undertaken to follow up on an earlier reconnaissance sampling which returned high cobalt and nickel assays. The samples were collected from vertical channels in 66 locations in 4 blocks. The samples were taken from vertical channels at one-meter intervals on mine walls up to 3 meters height (or headroom). The full thickness of the zone is not known and was not sampled due to limited underground exposures. The samples were sent to ALS Laboratory in Bohr, Serbia for sample preparation with the analysis performed at ALS laboratory in Ireland. The analytical package used was ME-XRF-12n, an analytical suite suitable for nickel laterite samples which consists of16 elements including Ni, Co, Fe2O3 and Cu. The results of the analysis showed cobalt values averaging 0.11% (ranging from 0.01 – 0.49%) and nickel averaging 1.10% (ranging from 0.21 – 1.70%). The Fe2O3 for the 174 samples averaged 69.61% (from 6.75 – 80.18%).