Monte Alto Drilling Yields 35.3% TREO and Extends Strike by 350 m
Drilling at Monte Alto returned ultra-high-grade oxide up to 35.3% TREO with continuous intercepts of 27.6 m at 19.4% and 23.9 m at 17.4%, plus NdPr at 59,645 ppm and heavy rare earths to 3,050 ppm. Strike length extended by ~350 m to 1.2 km, and a new eastern corridor intersected 9.8 m at 20% TREO.
1. Ultra-High Grade Assay Results
Drilling assays at Monte Alto delivered grades up to 35.3% Total Rare Earth Oxide with continuous intercepts of 27.6 m at 19.4% TREO and 23.9 m at 17.4% TREO. Enrichment included NdPr at 59,645 ppm, DyTb to 3,050 ppm, yttrium at 10,975 ppm, plus niobium oxide at 1.7%, scandium oxide at 303 ppm, tantalum oxide at 612 ppm and uranium oxide at 4,047 ppm.
2. Strike Extension and Eastern Corridor
Auger drilling and geophysical surveys extended the Monte Alto strike by approximately 350 m to at least 1.2 km, highlighted by near-surface intercepts including 9.9 m at 2.5% TREO. Step-out drilling east of the main footprint intersected a new parallel ultra-high-grade corridor yielding 9.8 m at 20% TREO, with both extensions open along strike and at depth.
3. Drilling Program Scale and Next Steps
Brazilian Rare Earths has completed 75 diamond drill holes totalling 12,726.4 m, with 72 holes assayed and three pending, contributing to a cumulative 32,372 m of drilling. A diamond rig has been mobilised to the northern extension to accelerate drilling of priority hard-rock targets and underpin the forthcoming Mineral Resource Estimate and Scoping Study.