Basin Energy (ASX:BSN) said rock chip assay results for its Prästrun and Håkantorp projects in Sweden pointed to a potential presence of strategic metal deposits and rare earth elements, according to a Wednesday Australian bourse filing.
The results from the Prästrun project confirmed anomalous niobium, uranium, and tantalum on three samples with results up to 4,350 parts-per-million grade of niobium, 1,153 ppm grade of uranium oxide, and 185 ppm grade of tantalum.
Rare earth elements and uranium mineralization identified from samples taken from interpreted tailings piles near Frakengruvan historical iron ore pit at Håkantorp resulted in 3,183 ppm grade of uranium oxide and 3,336 ppm grade of total rare earth oxides.
It decided to proceed with the application for exploration licenses over the Lotto, Temo, and Palmottu projects and withdraw from the Eronlampi and Puokio projects in Finland.
Its shares rose 7% on market close on Thursday.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。