Brazilian Rare Earths (ASX) has expanded its Monte Alto Project in Brazil, doubling the exploration area after promising assay results from regional exploration.
These results reveal new, highly prospective rare earths corridors extending up to 4km from the original site, with assays showing up to 14.6% total rare earth oxide.
CEO Bernardo da Veiga emphasizes the project's high-grade potential and significant exploration upside.
Moving forward, the company will prioritize mapping the rare earth mineralized system and use drone-based geophysical surveys to enhance data coverage. Results from additional drilling and metallurgical studies are anticipated soon.
Read Official ASX Announcement: ASX:BRE - Exceptional Heavy Rare Earth Discovery at Monte Alto Project (brazilianrareearths.com)
Read Full Article: Brazilian Rare Earths doubles Monte Alto exploration area - Mining.com.au
