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The latest announcement is out from European Green Transition Plc ( (GB:EGT) ).
European Green Transition Plc has announced positive final drilling results from its Olserum REE project in Sweden, confirming the presence of extensive mineralized structures across all 13 drill holes. These results validate the district-scale potential of the project, making it attractive for potential sale or partnership as the company seeks to focus on revenue-generating opportunities. The findings highlight continuity in mineralization, particularly at the Djupedal and Olserum West prospects, with significant intersections of Total Rare Earth Oxides (TREO) and Heavy Rare Earth Oxides (HREO), offering multiple low-risk targets for further exploration and development.
More about European Green Transition Plc
European Green Transition Plc is a company that develops green economy assets across Europe, primarily focusing on projects involving rare earth elements (REEs). Their market focus is on monetizing these assets through sales or partnerships, leveraging opportunities within the green economy.
YTD Price Performance: -17.78%
Average Trading Volume: 84,330
Technical Sentiment Consensus Rating: Strong Buy
See more insights into EGT stock on TipRanks’ Stock Analysis page.