Verde Expands Minas Americas Magnet-Rich Ionic Clay Discovery Beyond 3.5 km²; MAV_AD_0028 Returns 10 m at 0.84% TREO

Core Insights - Verde AgriTech Ltd. announced additional assay results from 17 auger holes at its Minas Americas Global Alliance rare earths project, confirming shallow ionic-clay mineralization with significant NdPr and Dy/Tb support, expanding the drill-confirmed footprint beyond 3.5 km² [1][2] Geological Model - The geological model at Minas Americas is strengthening, with consistent shallow positions, NdPr-rich magnet baskets, and continuous clay mineralization across a larger footprint [5][6] - Key variables include shallow position, repeatable multi-metre enrichment, magnet-basket quality, and growing scale, all of which have advanced without altering the geological model [2][5] Assay Results - The flagship interval MAV_AD_0028 returned 10 m averaging 8,439 ppm TREO (0.84% TREO) and 1,965 ppm MREO, with a notable 5 m interval averaging 11,032 ppm TREO (1.10% TREO) [10] - MAV_AD_0035 and MAV_AD_0044 provided additional proof intervals, while MAV_AD_0029 showed open-ended continuity with 16 m averaging 2,869 ppm TREO [10][11] Magnet-Basket Quality - In the best new multi-metre intervals, magnet rare earth oxides account for approximately 22%-25% of TREO, with NdPr remaining the core of the basket and Dy/Tb strengthening within higher-grade windows [7][11] - The strongest new intervals show significant Y₂O₃ presence, exceeding 100 ppm over approximately 26 m across five holes, indicating broader heavy-REE support [18][19] Project Scale and Next Steps - The drill-confirmed footprint now exceeds 3.5 km² within a mapped geological unit exceeding 15 km², with ongoing drilling across eight additional targets [21] - Future work will focus on integrating new results into a 3D geological model, selecting representative composite intervals for metallurgical testing, and continuing step-out drilling [21]