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- 1.8km long mineralised trend identified
- High REE values associated with low uranium
- Ten high-priority areas of high-grade REE mineralisation discovered
- Extensive outcropping mineralisation delineated
Energy Transition Minerals (ASX:ETM) has discovered 10 new rare earth element (REE) mineralised target zones across its Kvanefjeld exploration licence in south-western Greenland.
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The company has uncovered a newly identified 1.8km-long REE mineralised trend containing uranium concentrations below Greenland’s Uranium Act 100 parts per million (ppm) threshold.
The discoveries were made following the receipt and analysis of assay results from samples collected during the company’s 2025 semi-regional exploration program across the wider Kvanefjeld exploration licence.
The 2025 field program successfully assessed under-explored areas within ETM’s licence with a focus on identifying new REE mineralised areas that are compliant with the Uranium Act and establishing refined geological controls. Field work ran from June through November 2025.
During this period, 772 sites were visited, 214 rock samples were collected, and various prospective geological units were located and mapped (Figure 1).
A total of 10 new zones of REE mineralization have been identified across ETM’s exploration licence. Most notably, rock samples delineated an 1,800m long zone that contains high grades of the high-value heavy REEs dysprosium (Dy) and terbium (Tb), coupled with uranium (U) values less than 100ppm.
MD, Daniel Mamadou, said this new zone seems able simultaneously to import and precipitate high concentrations of REE while actively dissolving and removing U away from the target zone.
“The discovery of extensive REE mineralisation at surface associated with uranium values below Greenland’s Uranium Act 100ppm threshold is a highly encouraging outcome from our 2025 exploration field season – which saw our geological personnel assess areas within the Kvanefjeld licence that had not previously been explored,” Mr Mamadou said.
“We are excited by the discovery of new zones of mineralisation that contain potentially economic REE grades, and in particular the extensive zone of mineralised rock which, containing levels of uranium that are below the Uranium Act threshold, should therefore not be the subject of the exploration restriction implied by this Act.
“Furthermore, the discovery of very high grades of dysprosium and terbium – two of the most critical heavy rare earth elements for magnet production – demonstrates the potential of the project.
“Regional exploration efforts continue to reveal important areas at Kvanefjeld that require further exploration, including drilling, and provide a strong foundation for future exploration programs.”
ETM is up 8.77% to 6.2¢. Mkt cap $125.8M.
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