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New REE Results From Olserum

European Green Transition reported high-grade assay results from additional field work at its Olserum REE project in southern Sweden. Following the discovery of an outcrop grading 0.74% TREO, the mineralization at Djupedal has now been extended over a 1km strike length. Recent forestry activity further uncovered additional historic dumps and trenches near the extremely high-grade Djupedal showing. Sampling of this newly discovered material returned up to 11.77% TREO with 2.41% NdPrDy.

In addition to the new results from Djupedal, new assays from the Stora Lockerum and Bersummen area with grades up to 3.88% TREO appear to outline a parallel structure some 900m to the south of Djupedal, underlining the region’s potential to host multiple REE mineralized shear zone systems.

 

Highlighted new samples at the Djupedal prospect plotted on a magnetic anomaly map (Source: www.europeangreentransition.com)