Bastion Minerals Ltd (AU:BMO) has released an update.
Bastion Minerals Ltd has reported high-grade rare earth elements (REE) and copper findings at its Gyttorp Project in Sweden, with some rock chip samples containing up to 8.3% REEs and 5.1% copper. The presence of heavy REEs and magnet REEs, key in green technology, suggests significant potential for the project. The company is moving forward with a ground magnetic survey to define drilling targets, aiming to establish a new source of REEs in Europe, currently dominated by China.
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