High-Grade Tanbreez Drilling Signals Resource Upside at European Lithium’s Greenland Project

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European Lithium’s Greenland Tanbreez drilling program encountered high-grade spodumene mineralization, flagging potential resource expansion at the flagship project. The company plans additional holes to delineate pegmatite extensions with full assay results expected later this quarter.

1. High-Grade Drilling Results

European Lithium’s initial phase at the Tanbreez site in Greenland returned multiple high-grade spodumene intersections, confirming the presence of lithium-rich pegmatites beyond known resource boundaries. Although assays are pending, visual logging indicates promising widths and grades that warrant further testing.

2. Resource Expansion Potential

The new drill data suggests extensions of the pegmatite swarm, which could materially increase the project’s mineral resource estimate. Geological modeling is underway to integrate the latest intercepts and refine target zones for upcoming programs.

3. Planned Follow-Up Work

The company has scheduled additional drilling to upgrade inferred material and test uncharted strike extensions, supported by planned geophysical surveys. Assay results from the current campaign and an updated resource report are anticipated in the second quarter, guiding potential project valuation revisions.

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