South Harz Uncovers New Copper-Gold and REE Zone at Glava in Sweden

South Harz Potash Ltd ( (AU:SHP) ) has issued an announcement.

South Harz Potash has reported encouraging results from initial fieldwork at its Glava copper-gold project in Sweden, identifying a new potentially mineralised zone about 300 metres from historic workings and near the southern boundary of the Glava 100 licence. Rock chip sampling returned notable assays, including 9.88 g/t gold and 2.88% copper, with geochemical analyses showing a strong copper-gold correlation, while ground magnetic surveys suggest mineralisation trends south into the Glava 300 licence application area. The program also uncovered a high-grade rare earth element anomaly, with 9,513 ppm total REEs and a favourable neodymium-praseodymium ratio, adding further exploration upside. These results validate historical data, support the interpretation of an epithermal-style system, and underpin South Harz’s plans for follow-up fieldwork and a maiden drilling campaign at Glava targeted for the June quarter of 2026, reinforcing the strategic value of its recently expanded licence footprint in the region.

The most recent analyst rating on (AU:SHP) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on South Harz Potash Ltd stock, see the AU:SHP Stock Forecast page.

More about South Harz Potash Ltd

South Harz Potash Limited is an ASX-listed resources company that has expanded its focus into base and precious metals exploration, targeting copper-gold mineral systems in Scandinavia, particularly in Sweden’s Värmland Province. Through an exclusive option arrangement with McKnight Resources, the company is securing exploration licences over the Glava project area and nearby prospects to build a strategic foothold in this emerging copper-gold district.

Average Trading Volume: 226,785

Technical Sentiment Signal: Sell

Current Market Cap: A$3.82M

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