European Resources Doubles Rare Earth Estimate at Korsnäs Project in Finland
European Resources Company, listed on the Australian Securities Exchange, has significantly expanded the Mineral Resource Estimate (MRE) for its Korsnäs rare earth project in Finland, with inferred resources of 15.4 million mt at a grade of 1% total rare earth oxides (TREO) and a cut-off grade of 0.5% TREO. In less than a year and a half, the Korsnäs MRE has more than doubled, driven by the expansion of the geological and assay database, the incorporation of new drilling data and assay results, and the refinement of the geological model.