European Green Transition plc returned positive results from the first four drill holes at the Olserum rare earth element project in southern Sweden. DERISK Completed in September, the diamond core drilling programme comprised 13 holes for 1,500 metres. The company confirmed “significant” REE mineralisation within a shear zone structure at Djupedal, which it said validated […]
Tag: total rare earth oxides – TREO
Altona intercepts record high grades
Altona Rare Earths plc intercepted record high grade ore with more confirmed on targets at the Monte Muambe project in Tete Province, northwest Mozambique. TARGET POTENTIAL The company has to date drilled 10 reverse circulation holes for a total 790 metres. Interceptions include 76m at 3.426% total rare earth oxides (TREO) from surface at target 4, […]
Altona targets up to 56Mt TREO at Monte Muambe
Altona Rare Earths plc has estimated an exploration target of up to 56.6 million tonnes at up to 1.65% total rare earth oxide (TREO) at its rare earth element (REE) Monte Muambe project in Tete Province, northwest Mozambique. MRE AND PEA Altona said its estimate included 11.5 million tonnes at 2.41% TREO, corresponding to a “well […]
Altona signs exclusive deal for Monte Muambe
Altona Rare Earths plc is to acquire its first rare earths asset after signing an exclusive acquisition deal for the Monte Muambe project in Tete Province, northwest Mozambique. PROGRAMME The company entered into an agreement with Ussokoti Investimentos Limitada for up to 70% of the project via a farm-in arrangement. Altona has also started its […]