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European Green Transition Begins Strategic Drilling in Sweden

European Green Transition Plc (GB:EGT) has released an update.

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European Green Transition Plc has initiated a drilling program at its Olserum Rare Earth Element (REE) Project in Sweden, targeting high-potential mineralization with the aim of derisking the project and confirming its district-scale potential. The company has reported encouraging preliminary results and aims to monetize the project by seeking partners. The drilling, conducted by an ESG-focused local operator, is part of EGT’s broader strategy to capitalize on Europe’s shift to a green economy by developing undervalued green assets.

For further insights into GB:EGT stock, check out TipRanks’ Stock Analysis page.

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