European Lithium Finds Rare Earth Mineralization at Greenland Project

MT Newswires Live
Feb 18

European Lithium (ASX:EUR) said it found rare earth mineralization at the Hill Zone deposit of the Tanbreez project in Greenland, according to a Wednesday Australian bourse filing.

The company reported assay results that it received for 33 diamond drill holes from the 2010 drilling campaign, comprising 1,014 samples.

The results show a weighted average grade of 0.44% total rare earth oxides plus yttrium (TREO+Y), with individual drill intersections ranging from 0.31% to 0.94% TREO+Y, and an average 24.1% heavy rare earth oxides (HREO) component.

Gallium oxide assays range from 87 parts per million (ppm) to 117 ppm, and zirconium oxide assays range from 1.04% to 3.81%.

The company added that the results show strong correlation and consistency of high-grade rare earth mineralization within the existing deposit, and a priority infill resource drilling is planned for the 2026 field season.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10