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European Lithium ( (AU:EUR) ) has provided an update.
European Lithium reported final assay results from its 2025 drilling campaign at the Tanbreez Rare Earths Project in Greenland, confirming broad and continuous rare earth mineralisation in Area B adjacent to the Hill Deposit and at the Fjord and Upper Fjord zones. Total rare earth oxide grades from diamond drilling ranged from 0.40% to 0.47%, with heavy rare earth oxides accounting for roughly 26%–27% of the total, and the Fjord area remains open along strike with consistent near-surface grades.
Management said the results are expected to add mineralised tonnage to the existing Hill and Fjord deposits, supporting a potential uplift in project scale and reinforcing Tanbreez’s status as a strategic, long-life rare earth asset. The company is planning extension and infill drilling for the 2026 field season to refine pit designs and advance mineral resource studies, aiming to de-risk the project and progress it toward future development milestones.
The most recent analyst rating on (AU:EUR) stock is a Hold with a A$0.21 price target. To see the full list of analyst forecasts on European Lithium stock, see the AU:EUR Stock Forecast page.
More about European Lithium
European Lithium is an Australia-listed exploration and development company focused on critical minerals, including rare earth elements, through its interest in the Tanbreez Rare Earths Project in Greenland. The project targets total rare earth oxides with a meaningful proportion of heavy rare earths, positioning the company within the strategic supply chain for energy transition and high-tech applications.
Average Trading Volume: 12,776,405
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$365.3M
See more data about EUR stock on TipRanks’ Stock Analysis page.

