Geological modelling reveals that the Bjerkreim Exploration Project contains more than 70 billion tonnes of mineralised rock.
Estimate underlines Bjerkreim’s potential as one of the world’s most significant deposits of the EU Critical Raw Materials vanadium, titanium and phosphate.
Exploration work most advanced at Øygrei, with a total indicated and inferred resource of 1.55 billion tonnes (see separate release announced today).