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Verde AgriTech Reports New Best Intercept: 13.0 m at 0.83% TREO including 8.0 m at 1.01% TREO; 25% of Drilled Metres ≥0.40% TREO
Globenewswire· 2026-01-26 13:21
Core Insights - Verde AgriTech Ltd. has reported promising assay results from its drilling program at the Minas Americas Global Alliance Project in Brazil, indicating significant potential for rare earth element (REE) discoveries [1][2]. Drilling Results - The first drilling target (PT-34) has shown shallow thickness, repeated high grades, and a magnet-rich rare earth basket, with significant intercepts extending across multiple holes [2]. - A total of 27 holes have been drilled, totaling 279.8 meters, with assays from 24 additional holes reported, bringing the total to 280 assayed intervals [2][8]. - Notable intercepts include a new best of 13.0 meters averaging 8,257 ppm (0.83%) TREO and 2,004 ppm (0.20%) MREO, with peak grades reaching 13,453 ppm (1.35%) TREO and 3,836 ppm (0.38%) MREO [8]. Resource Expansion and Technical Disclosure - The Board has approved the expansion of the resource definition footprint and additional drilling to better outline the district-scale potential of the Project [2]. - The Company is preparing technical disclosures under Canadian NI 43-101 and U.S. SEC Regulation S-K Subpart 1300, enhancing comparability for global investors [2][6]. Economic Assessment and Future Plans - Verde aims to complete a maiden NI 43-101 Mineral Resource Estimate in the first half of 2026 and a Preliminary Economic Assessment (PEA) in the second half of 2026 [6]. - The ongoing work includes drill-based composite metallurgical testing and continued reporting of drill assays and metallurgical results as they become available [5][8]. Significant Intercepts and Grade Distribution - Of the 279.8 meters drilled at PT-34, 71.2 meters (25.4%) returned grades of ≥0.40% TREO, with 8.0 meters (2.9%) returning grades of ≥1.00% TREO [10]. - The distribution of magnet rare earths strengthens with grade, with MREO averaging ~23% of TREO in intervals ≥0.40% TREO, rising to ~26% in intervals ≥1.00% TREO [8].
Searchlight Resources Completes Airborne Radiometric Survey of the Bear Lake Rare Earth Project
TMX Newsfile· 2026-01-20 12:30
Survey highlights multiple known and new rare earth targetsLarge 600m x 500m thorium anomaly highlights rare earth potential1.5 km linear thorium anomaly along the shore of Ena LakeVancouver, British Columbia--(Newsfile Corp. - January 20, 2026) - Searchlight Resources Inc. (TSXV: SCLT) (OTC Pink: SCLTF) ("Searchlight" or the "Company") is pleased to announce the initial results of the airborne radiometric and magnetic surveys on the Company's Bear Lake Rare Earth Element ("REE") project, located approxima ...
Magnum Mining advances REE drilling at Palmares and Azimuth in Brazil
Yahoo Finance· 2026-01-06 15:10
Core Viewpoint - Magnum Mining and Exploration has resumed drilling activities at its rare earth exploration projects in Brazil, specifically at Palmares and Azimuth, following a planned shutdown during the Brazilian Recesso period [1] Group 1: Palmares Project - The company has completed 15 reverse circulation (RC) drill-holes totaling 225 meters at the high-grade Feirinha Prospect, although initial progress was hindered by rain [2] - To enhance drilling productivity, Magnum Mining plans to implement round-the-clock operations with two RC drill crews working in alternating 12-hour shifts, aiming to significantly increase exploration rates [2] - The first batch of samples from the Feirinha Prospect is prepared for assaying, with results expected by the end of January; previous trench samples graded up to 1.69% total rare earth oxides (TREO) [3] Group 2: Azimuth Project - At the Azimuth project, 13 auger holes have been completed for a total of 155 meters, with the average depth increasing from 5 meters to 12 meters, focusing on the priority Piracanjuba prospect [4] - Drilling at Azimuth has been extended to greater depths where visual soil characteristics indicated favorable horizons for REE mineralization [4] - The first batch of samples from Azimuth has been sent to ALS Laboratory for assaying, with results also anticipated by the end of January; plans are in place to mobilize a second auger rig for full-time operations [5]
Apex secures Rift Rare Earth Project exploration permit in Nebraska, US
Yahoo Finance· 2026-01-05 14:39
Core Insights - Apex Critical Metals has received an exploration permit for the Rift Rare Earth Project, marking a significant milestone towards initiating drilling operations in Nebraska, US [1] - The site has a history of significant drilling by previous operators, revealing high-grade rare earth element mineralization [2] - The company is preparing for its first drilling campaign, targeting to commence in the first quarter of 2026 [3] Company Developments - Apex is currently engaged in pre-drilling activities, including contractor negotiations, logistics planning, and confirming access routes [3] - The company is updating its drill targets based on historical data and geological assessments, with a focus on historic drill-hole EC-93 [4] - Apex's CEO highlighted the importance of the exploration permit as a transition from planning to execution of the drilling program [5] Industry Context - The Rift Project is positioned to potentially become one of the leading rare earth projects in North America, leveraging excellent historical results [6] - In November 2024, Apex expanded its portfolio by acquiring the Bianco Carbonatite Project in Ontario, indicating a strategic growth approach [6]
Primary Hydrogen Identifies Two High-Priority Ree Anomaly Clusters from Geophysical and Soil Sampling Survey at Wicheeda North Project
Accessnewswire· 2025-11-07 11:00
Core Insights - Primary Hydrogen Corp. has identified two significant rare earth element (REE) anomaly clusters at its Wicheeda North REE Project in British Columbia [1] Group 1: Project Overview - The company completed a 401 line-kilometre airborne VTEM and magnetic survey covering an area of 25 square kilometres [1] - A total of 533 new soil samples were collected, increasing the total property-wide samples to 1,234 [1] - The identified high-priority REE anomaly clusters are located in the Grid A-South and Grid D-South areas [1] Group 2: Exploration Advancements - The company has applied for drilling and trenching permits to advance its exploration program [1] - The Wicheeda North Project is situated 5 km from Defense Metals Corp.'s Wicheeda deposit, which has a resource of 29.3 million tonnes at 2.27% total rare earth oxides (TREO) [1]
Sulista Exploration Results Confirm a New High-Grade Rare Earth District
Globenewswire· 2025-09-17 12:30
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]