European Green Transition reported the next batch of assay results from recent drilling at its Olserum REE project in southern Sweden. The newly released assay results confirm the continuation of high-grade REE mineralization 60m below outcropping mineralization in the western part of the Djupedal prospect, returning multiple mineralized zones with the best one grading 1.18% TREO over 2.4m (43.4% HREO).
Another newly reported drill hole, testing an REE mineralized outcrop 300m to the northwest of the Olserum Resource, also returned multiple mineralized zones, including 0.5m @ 8.83% TREO (16.1% HREO), representing the highest grade intercept at Olserum to date.
Cross section along drill holes OLS24-07 and OLS 24-08 through the Djupedal prospect (Source: www.europeangreentransition.com)
