European Green Transition plc expects to confirm a “district scale rare earth element system” after it completed diamond core drilling at Olserum in Sweden. ENCOURAGING The company drilled 13 holes for 1,500 metres with visual inspection of drill core indicating “broad alteration zones” and intervals with intersections of “visible phosphate mineralisation”. Core logging is complete […]
Tag: rare earth elements
EGT begins drilling at Olserum
European Green Transition plc has begun low cost diamond drilling for 1,500m at its Olserum rare earth elements project in Sweden. PARTNER Up to seven holes are planned at the Djupedal prospect, targeting outcropping mineralisation along the 1km trend. The company said that the first hole was in the vicinity of the historic magnetite iron […]
Power Metal finishes initial Balthaga exploration
Power Metal Resources plc has completed initial field exploration on the Balthaga lithium project 450km east of Jeddah in the southeast of the Arabian Shield. GEOLOGY A total of 43 in-situ rock chip samples were taken from targets visited while new areas were identified during the seven-day programme over more than 1,200 km2. The programme is included in the […]
EGT encouraged by further Olserum assays
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. […]
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 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, […]