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European Resources identifies new rare earth anomalies at Korsnäs in Finland

Rare earths ore

Rare earths ore

1st June 2026

By: Marleny Arnoldi

Online News Editor

     

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ASX-listed European Resources has identified new, untested anomalies beyond historical gravity coverage at the Korsnäs rare earths project in Finland.

Having undertaken Phase 2 of a passive seismic horizontal-to-vertical spectral radio survey at the project, the company detected several new passive seismic anomalies to the south and east of the current mineral resource estimate and the historic Korsnäs mine.

These results extend the successful Phase 1 orientation survey completed in November 2025 and support the use of spectral radio surveying as a practical exploration targeting tool at Korsnäs.

The spectral radio surveying technology detects zones of deeper bedrock erosion and thicker glacial till accumulation.

European Resources says the results of the Phase 2 survey not only validate historical and more recent geophysical responses around the old mine, but identify new anomalies beyond the historical gravity coverage, providing evidence that the southern target corridor associated with standout drill hole KR-316 continues along strike.

The company has applied for a permit to extend the Korsnäs exploration area to the south, which brings the total project area to 19.9 km2 - should the 6.3 km2 Poikel exploration permit be granted.

Edited by Creamer Media Reporter

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