Verde AgriTech Drilling Confirms From‑Surface, High‑Grade, Clay hosted Rare Earth Mineralization, Open for Expansion in Minas Gerais, Brazil

Core Insights - Verde AgriTech Ltd. has reported positive assay results from the first three drill holes of its resource definition program at the Minas Americas Global Alliance rare earths project in Brazil, confirming high-grade mineralization and potential for significant resource expansion [1][2][4]. Exploration Highlights - All three drill holes intersected continuous, clay-hosted rare earth mineralization from surface, indicating the presence of high-grade mineralized horizons [2][8]. - The current drill campaign, which began in October 2025, aims to test near-surface rare earth oxide mineralization and is expected to support a maiden mineral resource estimate by Q1 2026 [2][9]. Initial Drill Results - The best intercept was 14.2 meters from surface averaging 6,858 ppm Total Rare Earth Oxides (TREO) and 1,673 ppm Magnetic Rare Earth Oxides (MREO) in hole MAV_AD_002 [8][9]. - High dysprosium content was noted, with Dy₂O₃ up to 86 ppm in the best drill intercepts, enhancing the project's profile for magnet rare earths [8][9]. Next Steps - The company plans to complete approximately 200 drill holes by the end of February 2026 to support the initial NI 43-101 mineral resource estimate [9][26]. - Upcoming milestones include the publication of the maiden mineral resource estimate in Q1 2026 and the completion of a Preliminary Economic Assessment (PEA) in Q2 2026 [26][27]. Metallurgical Program - Previous leach tests confirmed ionic-adsorption clay behavior with high-value magnet rare earths reporting strongly into solution, indicating a clean leachate suitable for downstream processing [17][18]. - A dedicated metallurgical test program is being planned to optimize reagent conditions and assess potential processing routes for clay-hosted rare earth deposits [25]. Company Positioning - Verde is strategically positioned to advance the project alongside its core sustainable fertilizer business, leveraging existing infrastructure and teams in the region [5][19]. - The company aims to contribute to a secure and responsible supply of rare earths essential for the global energy transition [5][19].