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The Markets
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European Green Transition confirms district-scale rare earth element potential at Olserum Project

European Green Transition confirms district-scale rare earth element potential at Olserum Project

European Green Transition PLC (AIM:EGT) CEO Aiden Lavelle joined Steve Darling from Proactive to share promising early results from the company’s 13-hole drill program at the Olserum Rare Earth Element (REE) Project in Sweden.

This initial phase of drilling, focused on de-risking the project, has validated Olserum’s potential as a district-scale REE asset, bringing the project closer to monetisation.

Lavelle highlighted that the first four diamond drill holes revealed significant REE mineralisation within a shear zone at Djupedal, reinforcing the structural model and regional scale potential of Olserum.

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