Sulista Exploration Results Confirm a New High-Grade Rare Earth District

Core Insights - Brazilian Rare Earths Limited (BRE) has announced significant exploration results at the Sulista Project, enhancing its status as a high-grade rare-earth district [1][6][10] Exploration Results - The exploration program has confirmed an extensive high-grade rare-earth system at shallow depths, with over 7 km of cumulative mineralized strike across seven exploration corridors [6] - The exploration target area measures approximately 10 km by 2 km, yielding high-grade rare earth mineralization results across regolith, bedrock, and outcrop vectors [6][7] - New drill highlights include grades up to 9.6% Total Rare Earth Oxides (TREO) and significant intercepts of 33 m at 3.8% TREO [6][12] Infrastructure and Location - The Sulista District is strategically located with state highway BR-330 providing access to the Camaçari Petrochemical Complex, and essential infrastructure such as power and skilled workforce nearby [6] Future Plans - A new 5,000 m diamond drill program is underway at Sulista West, targeting a high-grade REE–Nb–Sc–Ta–U system beneath a surface geophysical anomaly [12] - The company aims to systematically unlock the potential of the Rocha da Rocha Rare Earth Province, which may contain multiple high-grade rare earth systems [11]