Bedrock conditions in Finnish mine project ideal
Stockholm, 18 March 2024 – The mining company Eurobattery Minerals AB (Nordic Growth Market: “ BAT ” and Börse Stuttgart: “ EBM ”; in short: “EBM”, “Eurobattery” or “the Company”) today announced positive results on research proving that the bedrock conditions in its Finnish Hautalampi battery minerals mine project are ideal for future mining operations.
- Stockholm, 18 March 2024 – The mining company Eurobattery Minerals AB (Nordic Growth Market: “ BAT ” and Börse Stuttgart: “ EBM ”; in short: “EBM”, “Eurobattery” or “the Company”) today announced positive results on research proving that the bedrock conditions in its Finnish Hautalampi battery minerals mine project are ideal for future mining operations.
- With the analysis ready, it can be concluded that the shear zones follow the geology of the bedrock, and no larger dominant shear zones were found, i.e., the bedrock conditions in Hautalampi are favorable for mining operations.
- “As the Hautalampi project is located on an old mining ground, we knew already that the geology was suitable for further mining.
- Yet, the results from the geophysical tests further cement that our Hautalampi battery minerals mine project has all the preconditions to be an important source of responsibly mined battery minerals.