European Green Transition plc has appointed its co-founder Cathal Friel as its non-executive chairman, with immediate effect. Mr Friel, who replaces Daniel Akselson, has more than 20 years’ experience in corporate finance and merger and acquisitions. He was previously chairman of hVIVO plc (formerly Open Orphan plc), before which he co-founded Amryt Pharma plc which […]
Tag: European Green Transition plc
EGT granted more time for Pajala
European Green Transition plc has secured a three-year extension until March 2028 for the Pajala copper-graphite licences, Liviovaara 101 and Lehtosolka 101, in Northern Sweden. DEVELOPMENT The company said that “sufficient” work has been completed at the project for the Swedish mining authority to grant more time. EGT plans to either sell or find a […]
EGT positive on final drill results from Olserum
European Green Transition plc reported positive results from the final five drill holes at the Olserum rare earth element project in Sweden. TARGETS The company, which previously confirmed the district-scale potential of its licence, has intersected mineralisation in all 13 drill holes. Recent results are for three holes at Djupedal prospect and two holes from […]
EGT confirms REE mineralisation at Olserum
European Green Transition plc confirmed mineralisation at the Djupedal and Olserum West prospects from its drilling programme at the Olserum rare earth element project in Sweden. CRITICAL The company said results from an additional four drill holes gave evidence of a “district scale REE system”. Results include hole OLS24-06 intersected 2.55m grading 1.6% total rare earth oxides (TREO), of […]
EGT positive on initial Olserum drill results
European Green Transition plc returned positive results from the first four drill holes at the Olserum rare earth element project in southern Sweden. DERISK Completed in September, the diamond core drilling programme comprised 13 holes for 1,500 metres. The company confirmed “significant” REE mineralisation within a shear zone structure at Djupedal, which it said validated […]
EGT completes drilling at Olserum REE
European Green Transition plc expects to confirm a “district scale rare earth element system” after it completed diamond core drilling at Olserum in Sweden. ENCOURAGING The company drilled 13 holes for 1,500 metres with visual inspection of drill core indicating “broad alteration zones” and intervals with intersections of “visible phosphate mineralisation”. Core logging is complete […]