Announcement • Jul 15
Brazilian Rare Earths Reports Exceptional Yttrium-Rich Heavy Rare Earth Drill Results At Monte Alto District Brazilian Rare Earths Limited reported results from six diamond drill holes totalling 604 m at the Monte Alto HREE+Y Discovery, approximately 2.5 km south of the flagship Monte Alto Deposit in Bahia, Brazil. The drilling confirms that the high-grade heavy rare earths – including yttrium, dysprosium, terbium – and uranium mineralisation previously identified at surface continues through the weathered profile and into fresh bedrock. MADD0210 returned 2.5 m at 7.5% TREO from 6.0 m, including 1.3 m at 10.9% TREO from 7.2 m, with 58,249 ppm (5.8%) Y2O3, 4,135 ppm Dy2O3, 488 ppm Tb4O7 and 1,588 ppm U3O8. Auger hole STU2478, located ~200 m southwest of the initial diamond drilling, returned 12 m at 8.7% TREO from 18 m to end of hole, including 1,004 ppm DyTb and 0.44% Y2O3. The interval remains open at depth. Yttrium represents over 50% of TREO in the peak interval - equivalent to approximately 58 kg of Y2O3 per tonne of sampled mineralised rock. Across every significant bedrock interval reported, yttrium represents approximately 48-53% of TREO. Four of the first six diamond holes returned significant heavy rare earth mineralisation, materially strengthening the 2024 surface discovery that returned 14.6% TREO, including 7.45% Y2O3 and 6,428 ppm DyTb. Brazilian Rare Earths will now report the flagship Monte Alto Deposit, the Monte Alto HREE+Y Discovery, the Velhinhas Corridor and associated regional exploration corridors within one unified Monte Alto District exploration and development framework. High-resolution geophysics has mapped multiple prospective corridors and numerous untested radiometric/magnetic exploration targets. Follow-up diamond and auger drilling is underway, including the +5,000 m second-phase program at Velhinhas. Syn-tectonic, biotite-rich hydrothermal breccia vein (black) with visually interpreted xenotime ± monazite ± apatite mineralisation, containing clasts of granite gneiss host rock with potassic alteration (pink). MADD0207 34.6 m-35.5 m at 7.4% TREO, including: 3,417 ppm Nd2O3, 1,035 ppm Pr6O11, 3,098 ppm Dy2O3, 354 ppm Tb4O7. 3.9% (38,715 ppm) Y2O3 and 1,119 ppm U3O8. 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.