European Green Transition plc said additional “encouraging” sampling assays supported the possibility of a district-scale system, with further potential, at its Olserum rare earth elements project in south Sweden. CONTINUITY Grab samples were taken at the Djupedal prospect, the nearby Bersummen area, and the newly identified Stora Lockerum structure, with initial results published in May. […]
Tag: European Green Transition plc
EGT defines large REE zone and drill targets
European Green Transition plc said it had defined a new large zone and several drill targets at the Djupedal prospect, 2.5km northwest of the Olserum rare earth elements project in south Sweden. EXPANSION Channel samples over a 100m zone showed REE mineralisation, including three metres grading 1.58% total rare earth oxide and one metre grading […]
EGT signs Cyprus tailings recycling option
European Green Transition plc has entered an exclusive 12-month option to acquire a copper tailings recycling project near the past-producing Limni mine near Polis, western Cyprus. PUMP The open pit mine, approximately 900m long, 400m wide and 200m deep, produced more than 8.1Mt at 1.11% copper between 1937 and 1978, before being backfilled with tailings […]
EGT to drill at Olserum during H2
European Green Transition plc expects to begin a 42 drill hole programme for 9,000m during H2 at its flagship 6.5km2 Olserum rare earth elements project in southern Sweden. POTENTIAL The company said it received approval for two years following consultation with landowners and the Kalmar County Board. Work will include resource infill at the existing Olserum resource, […]