Update: Energy Transition Minerals Finds 10 New Rare Earth Element Mineralized Target Zones at Greenland Exploration License, Shares Up 9%
(Updates to add stock movement in the headline and the last paragraph)Energy Transition Minerals (ASX:ETM) found 10 new rare earth element mineralized target zones across its Kvanefjeld exploration license in Greenland, according to a Friday filing with the Australian bourse.The discovery, made after the analysis of assay results from samples gathered during the 2025 semi-regional exploration program, included a 1.8 kilometer-long rare earth element mineralized trend containing uranium concentrations below Greenland's Uranium Act threshold of 100 parts per million, the filing said.Areas of interest also included mineralized trachyte rocks, which have become more accessible due to a decrease in permanent ice and snow coverage, per the filing.The company's shares rose 9% in recent Friday trade.
