공시 • Mar 26
Brazilian Rare Earths Limited Announces High-Grade Discoveries Enhance Scale of Pele Project
Brazilian Rare Earths Limited reported the results of exploration drilling at the Pelé Target 1 Project, located in Bahia, Brazil. The Pelé Project is hosted within the Volta do Rio Plutonic Suite, a large-scale magmatic system that extends over 180 km in Bahia, Brazil. Brazilian Rare Earths has confirmed the exploration potential of the province with multiple discoveries of ultra-high-grade mineralisation, including rare earth elements (REE), niobium (Nb),
scandium (Sc), tantalum (Ta), and uranium (U). Pelé Target 1 has the largest expanse of weathered REE-Nb-Sc-U outcrops discovered since exploration commenced at the Rocha da Rocha rare earth province. New geological mapping, 75 line-km of ground gamma stations and 162 new outcrop samples highlights that REE-Nb-Sc-Ta-U mineralisation repeats along eastern and western limbs of a regional structural fold that now extends over 10 km at the project. Successful diamond drilling at Pelé Target 1 The new drilling results are from 10 diamond core holes totalling 901 metres and 100 auger drill holes totalling 1,095 metres. Assays are pending for a further 19 auger holes totalling 243 metres. High-grade, hard rock REE-Nb-Sc-Ta-U mineralisation was intersected from shallow depths with assay grades of up to 13.5% TREO. High grades of neodymium and praseodymium were recorded, with grades up to 23,217 ppm NdPr, as well as high grades of dysprosium and terbium of up to 938 ppm DyTb. Significant intercepts from the diamond drilling include: 15.3m at 9.1% TREO from 25.6m, with NdPr: 15,617 ppm | DyTb: 692 ppm | NbO: 1,861 ppm. ScO: 231 ppm | TaO: 94 ppm | UO: 754 ppm | (TG1DD0004). 32.1m at 3.9% TREO from 37.9m, with NdPr: 6,662 ppm | DyTb: 307 ppm | NbO: 717 ppm | ScO: 100 ppm | TaO: 39 ppm | UO: 323 ppm | (SDD0021), including: - 2.1m at 7.4% TREO from 37.9m, with NdPr: 12,462 ppm | DyTb: 532 ppm | NbO: 1,149 ppm. ScO: 155 ppm | TaO: 73 ppm| UO: 632 ppm | (SDD0021). 2.7m at 6.9% TREO from 46.4m, with NdPr: 11,433 ppm | DyTb: 540 ppm | NbO: 1,149 ppm. ScO: 172 ppm | TaO: 69 ppm | UO: 618 ppm | (SDD0021). - 11m at 7.5% TREO from 59m, with NdPr: 12,841 ppm | DyTb: 570 ppm | NbO: 1,349 ppm. ScO: 156 ppm | TaO: 73 ppm | UO: 619 ppm | (SDD0021). New discovery of REE-Nb-Sc-Ta-U outcrops at Pelé Target 1. Successful ground-based exploration discovered another outcropping zone of weathered high-grade REE-Nb- Sc-Ta-U mineralisation to the south-west of the original Pelé Target 1 discovery. The extensive rare earth outcrops occur at widths of over ~20m, along a highly prospective ~1 km trendline strike. These outcropping discoveries indicate the Pelé Target 1 REE-Nb-Sc-Ta-U mineralisation system extends along a 10 km trend to the southwest. Eighty mineralised outcrop samples across this trend returned grades of up to 11.2% TREO with 18,363 ppm NdPr, 810 ppm DyTb, 892 ppm Nb2O5, 153 ppm Sc2O3, 45 ppm Ta2O5 and 468 ppm U3O8 (R683). The eastern corridor hosts the previously reported Pelé Target 1 outcrop discovery announced on 11 June 2024, and numerous intense gamma anomalies that are associated with REE-Nb-Sc-Ta-U mineralisation and monazite sand deposits. High-grade assays from grab samples of weathered REE-Nb-Sc-U outcrops at the central zone at Pelé Target. 1 southwest extension include: R682: 10.6% TREO with NdPr: 23,679 ppm | DyTb: 1,204 ppm | NbO: 1,133 ppm | ScO: 381 ppm. TaO: 53 ppm | UO: 488 ppm. R701: 10.5% TREO with NdPr: 20,816 ppm | DyTb: 950 ppm | NbO: 883 ppm | ScO: 278 ppm. TaO: 41 ppm | UO: 422 ppm. R758: 10% TREO with NdPr: 15,079 ppm | DyTb: 831 ppm | NbO: 679 ppm | ScO: 204 ppm. TaO: 34 ppm | UO: 281 ppm. R760: 9.9% TREO with NdPr: 20,436 ppm | DyTb: 1,072 ppm | NbO: 714 ppm | ScO: 216 ppm. TaO: 33 ppm | UO: 331 ppm. R765: 9.6% TREO with NdPr: 22,044 ppm | DyTb: 1,249 ppm | NbO: 694 ppm | ScO: 296 ppm. TaO: 31 ppm | UO: 307 ppm. R681: 9.1% TREO with NdPr: 20,090 ppm | DyTb: 1,041 ppm | NbO: 767 ppm | ScO: 210 ppm. TaO: 38 ppm | UO: 353 ppm. High-grade monazite sand mineralisation. The drilling program continued to delineate extensive horizons of high-grade monazite sand mineralisation from surface, including high grades of heavy rare earths dysprosium and terbium. Significant monazite sand mineralisation intercepts from Pelé 1 exploration drilling include: 12.5m at 7.6% TREO from surface, with NdPr: 12,290 ppm | DyTb: 499 ppm | (TG1DD0005) 9m at 7.0% TREO from surface, with NdPr: 11,773 ppm | DyTb: 511 ppm within: - 12.5m at 5.1% TREO from surface, NdPr: 8,549 ppm | DyTb: 371 ppm | (SDD0021). 14.5m at 5.5% TREO from 2.5m, with NdPr: 8,181 ppm | DyTb: 374 ppm | (TG1DD0004). 12.75m at 5.4% TREO from surface, with NdPr: 8,173 ppm | DyTb: 362 ppm | (SDD0019). 13.7m at 4.1% TREO from 4m, with NdPr: 5,205 ppm | DyTb: 298 ppm | (SDD0020). 6m at 7.9% TREO from 1m, with NdPr: 11,681 ppm | DyTb: 580 ppm within: - 15m at 3.5% TREO from surface, with NdPr: 4,883 ppm | DyTb: 241 ppm | (STU1296). The high-grade monazite-sand zones extend from surface down to ~20m depth, and the higher grade (+1% TREO) zones can reach a cumulative thickness of up to ~18m. The shallow, high-grade rare earth intercepts consist of large grains of monazite contained within a weathered free-dig saprolite. This is analogous to a mineral sands' style deposit, with valuable free-dig mineral sands available near surface for potential extraction and gravity separation. Next Steps: Pelé Project High-resolution geophysical drone-survey: Completion of a comprehensive drone-based magnetic and radiometric surveys across the entire Pelé Project to define and prioritise drill targets Diamond and auger drilling: Diamond drilling of priority drill targets plus extensive auger drilling for
high-grade monazite sand mineralisation.