European Green Transition CEO on record drill assays at Olserum project [Video]

European Green Transition PLC (AIM:EGT) CEO Aiden Lavelle talked with Proactiv’s Stephen Gunnion about the latest drilling results from the Olserum Rare Earths project in Sweden. Lavelle highlighted findings from both the Djupedal prospect and the newly drilled Olserum West, which yielded the highest-grade assay recorded for the project—0.5m at 8.8% total rare earth oxide.

“These results really build on our geological model,” Lavelle shared, noting that multiple intersections and broad zones of low-grade mineralisation align with expectations. The results also strengthen the potential district-scale scope of the project, with emerging prospects across Olserum and Djupedal.

Lavelle anticipates final results for five pending drill holes by year-end, which could further the company’s efforts to secure a partner. He emphasised that European Green Transition aims to transition toward revenue generation, moving beyond exploration.

Lavelle also shared plans to discuss the project and partner opportunities at the upcoming Mines and Money: Resourcing Tomorrow conference in December.