Announcement • Jun 13
Velhinhas Airborne Geophysics and Drilling Unlocks +9 km Rare Earth Corridor Brazilian Rare Earths Limited announced results from a high-resolution airborne geophysical survey and reconnaissance diamond drilling at the Velhinhas Corridor, located immediately south of the ultra-high-grade Monte Alto Rare Earths Deposit in Bahia, Brazil. The new airborne magnetic and radiometric survey defines more than 9 km of cumulative rare earth target exploration trends across at least four parallel north-northeast trending zones. These exploration target trends are spatially associated with ultra-high-grade surface samples, shallow pathfinder mineralisation and diamond drill intercepts, providing a district-scale framework for systematic exploration across Velhinhas. Key Highlights: New District-Scale Growth Corridor: High-resolution airborne geophysics has defined more than 9 km of cumulative exploration corridor trends across the Velhinhas project, beginning ~5 km south of the ultra-high-grade Monte Alto Deposit and extending rare earth mineralisation to over 8 km south of Monte Alto; Multiple Parallel Exploration Trends: Survey confirms four north-northeast trending mineralised corridors, converting numerous ultra-high-grade surface results into a district-scale exploration model analogous with Sulista; Exceptional Surface Grades: Ultra-high-grade surface samples include 39.6% TREO, 20.9% TREO and 13.5% TREO, confirming a strong high-grade surface expression of an extensive mineralised system; Drilling Results Confirm High-Grade Mineralisation: Reconnaissance diamond drilling returned grades of 19.6% TREO, 33,607 ppm NdPr, 1,463 ppm Dy2O3, 248 ppm Tb4O7, 7,431 ppm Y2O3 and 1,087 ppm U3O8; Critical Mineral Grades: High-grade assays are accompanied by NdPr, DyTb, yttrium, niobium, scandium, tantalum and uranium, consistent with BRE’s high-value REE-Nb-Sc-Ta-U systems at Monte Alto and Sulista; Monte Alto District Growth Accelerates: Velhinhas expands the Monte Alto growth story, highlighting the potential for a district-scale rare mineralised system extending south from the ultra-high-grade Monte Alto Deposit; Follow-up Drilling Underway: BRE has mobilised an additional diamond drill rig and is advancing a +5,000 m drilling campaign to test priority geophysical anomalies, expand bedrock mineralisation and support future target definition. BRE
Live News • Jun 12
Brazilian Rare Earths Uncovers Over 9 km High-Grade Corridor at Bahia Project Brazilian Rare Earths has outlined a newly defined rare earth element corridor extending more than 9 km at the Velhinhas area, near its Monte Alto Project in Bahia, Brazil.
The corridor was identified through high-resolution airborne geophysics and reconnaissance diamond drilling, which indicate multiple parallel mineralised corridors with consistent rare earth mineralisation across the region.
Surface sampling within this system includes ultra high-grade results up to 39.6% TREO, and follow-up drilling is underway to test high-priority geophysical targets and support future exploration and development plans, including a refinery hub fed by satellite deposits.
The scale of the newly defined corridor, together with ultra high-grade TREO samples, suggests a rare earth system that may be significant for the company’s project pipeline and broader development plans in Bahia.
Investors may wish to monitor upcoming drilling results and any updates on refinery hub studies, as these will provide additional information on the potential size, continuity and possible processing route for these rare earth discoveries. Board Change • Jun 01
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 3 experienced directors. No highly experienced directors. MD, CEO & Executive Director Bernardo Sanchez da Veiga is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. 
