UPDATE -- Brazilian Rare Earths December 2024 Quarterly Report
Brazilian Rare Earths (ASX:BRE / OTCQX: BRELY) reported exceptional exploration results for Q4 2024 at its Monte Alto project. The company achieved record-breaking rare earth intercepts up to 45.7% TREO, with outstanding NdPr (69,558 ppm) and DyTb (11,696 ppm) grades. New record assays included niobium (1.7% Nb2O5) and tantalum (962 ppm Ta2O5).
Drilling extended high-grade, shallow monazite-sand mineralization, with intercepts of 18m at 6.8% TREO from surface. Airborne magnetics revealed potential for a larger mineralized system extending over 4km. Metallurgical testing achieved up to 94% TREO extraction under mild conditions, with chevkinite confirmed as the dominant mineral. The project contains 18 of 50 U.S. designated critical minerals at high grades.
The company secured permitting milestones with the approval of the Final Exploration Report for Monte Alto and 20 additional licenses covering 348 km² across the Rocha da Rocha Province.
Brazilian Rare Earths (ASX:BRE / OTCQX: BRELY) ha riportato risultati eccezionali per l'esplorazione del Q4 2024 nel suo progetto Monte Alto. L'azienda ha raggiunto valori-record per gli elementi rari con intersezioni fino a 45.7% TREO, con gradi straordinari di NdPr (69.558 ppm) e DyTb (11.696 ppm). Le nuove analisi record hanno incluso niobio (1.7% Nb2O5) e tantalio (962 ppm Ta2O5).
Le perforazioni hanno esteso la mineralizzazione a base di monazite-sabbia ad alta qualità, con intersezioni di 18m a 6.8% TREO dalla superficie. Le indagini aeromagnetiche hanno rivelato il potenziale per un sistema mineralizzato di maggiori dimensioni che si estende per oltre 4 km. I test metallurgici hanno raggiunto fino al 94% di estrazione TREO in condizioni moderate, con chevkinite confermata come il minerale dominante. Il progetto contiene 18 dei 50 minerali critici designati dagli Stati Uniti a gradi elevati.
L'azienda ha raggiunto traguardi di autorizzazione con l'approvazione del Rapporto Finale di Esplorazione per Monte Alto e 20 licenze aggiuntive che coprono 348 km² nella Provincia di Rocha da Rocha.
Brazilian Rare Earths (ASX:BRE / OTCQX: BRELY) reportó resultados excepcionales de exploración para el cuarto trimestre de 2024 en su proyecto Monte Alto. La empresa ha logrado intersecciones de tierras raras récord de hasta 45.7% TREO, con grados sobresalientes de NdPr (69,558 ppm) y DyTb (11,696 ppm). Los nuevos análisis récord incluyeron niobio (1.7% Nb2O5) y tantalio (962 ppm Ta2O5).
La perforación amplió la mineralización superficial de arena de monazita de alta calidad, con intersecciones de 18m a 6.8% TREO desde la superficie. Los estudios aeromagnéticos revelaron el potencial para un sistema mineralizado más grande que se extiende por más de 4 km. Las pruebas metalúrgicas lograron hasta un 94% de extracción de TREO en condiciones moderadas, con la chevkinita confirmada como el mineral dominante. El proyecto contiene 18 de los 50 minerales críticos designados por EE. UU. en grados altos.
La empresa aseguró hitos de permisos con la aprobación del Informe Final de Exploración para Monte Alto y 20 licencias adicionales que cubren 348 km² en la Provincia de Rocha da Rocha.
브라질 희귀 광물 (ASX:BRE / OTCQX: BRELY)은 몬테 알토 프로젝트의 2024년 4분기 탐사 결과를 보고했습니다. 이 회사는 희귀 광물에서 45.7% TREO에 이르는 기록적인 인터셉트를 달성했으며, 뛰어난 NdPr (69,558 ppm) 및 DyTb (11,696 ppm) 등급을 기록했습니다. 신규 기록 분석에는 니오븀 (1.7% Nb2O5)과 탈륨 (962 ppm Ta2O5)이 포함되었습니다.
드릴링은 고등급의 얕은 모나자이트-샌드 광물화를 확장하여 표면에서 6.8% TREO의 18m 인터셉트를 기록했습니다. 공중 자기 탐사는 4km 이상에 걸쳐 더 큰 광물화 시스템의 가능성을 밝혔습니다. 야금 테스트는 부드러운 조건에서 최대 94% TREO 추출에 도달했으며, chevkinite가 주요 광물로 확인되었습니다. 이 프로젝트는 50개의 미국에서 지정한 중요한 광물 중 18개를 높은 등급으로 포함하고 있습니다.
회사는 몬테 알토의 최종 탐사 보고서 승인과 Rocha da Rocha 주에서 348 km²를 커버하는 20개의 추가 라이센스의 승인을 통해 허가 이정표를 확보했습니다.
Brazilian Rare Earths (ASX:BRE / OTCQX: BRELY) a rapporté des résultats d'exploration exceptionnels pour le quatrième trimestre 2024 dans son projet Monte Alto. La société a réalisé des intercepteurs de terres rares record allant jusqu'à 45.7% TREO, avec des teneurs remarquables en NdPr (69.558 ppm) et DyTb (11.696 ppm). Les nouvelles analyses record comprenaient du niobium (1,7% Nb2O5) et du tantale (962 ppm Ta2O5).
Le forage a étendu la minéralisation en sable de monazite de haute qualité, avec des interceptions de 18 m à 6.8% TREO depuis la surface. Les levés aériens magnétiques ont révélé un potentiel pour un système minéralisé plus vaste s'étendant sur plus de 4 km. Les tests métallurgiques ont atteint jusqu'à 94% d'extraction de TREO dans des conditions modérées, avec la chevkinite confirmée comme le minéral dominant. Le projet contient 18 des 50 minéraux critiques désignés par les États-Unis à haute teneur.
La société a assuré des jalons de permis avec l'approbation du Rapport d'Exploration Final pour Monte Alto et 20 licences supplémentaires couvrant 348 km² dans la province de Rocha da Rocha.
Brazilian Rare Earths (ASX:BRE / OTCQX: BRELY) berichtete von außergewöhnlichen Explorationsresultaten für das 4. Quartal 2024 in seinem Projekt Monte Alto. Das Unternehmen erzielte rekordverdächtige Seltene-Erden-Interzeptionen von bis zu 45,7% TREO und hervorragenden NdPr- (69.558 ppm) und DyTb-Gehalten (11.696 ppm). Neue Rekordanalysen umfassten Niob (1,7% Nb2O5) und Tantal (962 ppm Ta2O5).
Die Bohrungen erweiterten die hochgradige, flache Monazit-Sand-Mineralisierung mit Interzeptionen von 18 m bei 6,8% TREO von der Oberfläche. Luftgestützte magnetische Erhebungen offenbarten das Potenzial für ein größeres mineralisiertes System, das sich über 4 km erstreckt. Metallurgische Tests erreichten eine Ausbeute von bis zu 94% TREO unter milden Bedingungen, wobei Chevkinite als dominantes Mineral bestätigt wurde. Das Projekt enthält 18 der 50 in den USA ausgewiesenen kritischen Mineralien in hohen Gehalten.
Das Unternehmen sicherte sich Genehmigungsmeilensteine mit der Genehmigung des abschließenden Explorationsberichts für Monte Alto sowie 20 weitere Lizenzen, die 348 km² in der Provinz Rocha da Rocha abdecken.
- Record-breaking rare earth grades with up to 45.7% TREO
- Successful metallurgical testing with 94% TREO extraction rate
- Expansion of mineralized system to over 4km
- Approval of Final Exploration Report for Monte Alto and additional 348 km² of licenses
- Project contains 18 of 50 U.S. designated critical minerals
- None.
SYDNEY, Jan. 29, 2025 (GLOBE NEWSWIRE) -- Brazilian Rare Earths Limited (ASX:BRE / OTCQX: BRELY) (‘BRE’) is pleased to provide its quarterly report for the period ended 31 December 2024. Key highlights during and subsequent to the end of the quarter included:
Record Exploration Success Continues at Monte Alto
- Ultra-high-grade rare earth intercepts up to
45.7% TREO, with standout grades of NdPr (69,558 ppm) and DyTb (11,696 ppm) - New record assays for niobium (
1.7% Nb2O5) and tantalum (962 ppm Ta2O5) with very-high grades of scandium (382 ppm Sc2O3) and uranium (5,781 ppm U3O8) - Exploration increased the continuity, depth and scale of the ultra-high-grade REE-Nb-Sc-Ta-U mineralised envelope, that remains open along strike and at depth
- Drilling extended the large horizons of high-grade, shallow monazite-sand mineralisation, including intercepts of 18m at
6.8% TREO from surface
District-Scale Growth Potential at Monte Alto
- Airborne magnetics revealed the potential for a larger, interconnected high-grade mineralised system extending over 4 km beyond the maiden Monte Alto deposit
- Multiple new regional discoveries, including high-grade rare earth outcrops of up to
14.6% TREO, rich in heavy rare earth elements dysprosium (5,691 ppm), terbium (737 ppm) and yttrium (74,543 ppm)
Outstanding Mineralogy and Metallurgy Results
- Chevkinite confirmed as the dominant mineral in the REE-Nb-Sc-Ta-U mineralisation, hosting exceptional grades of rare earths, niobium, tantalum, scandium and uranium
- Metallurgical test work on non-beneficiated ‘run-of-mine’ chevkinite achieved up to
94% TREO ‘extraction’ under mild acid and atmospheric leach conditions
Strategic Critical Minerals Portfolio
- High-grade tantalum (up to 880 ppm) added to rare earths, niobium, scandium, and uranium endowment
- Monte Alto has 18 of the 50 U.S. designated ‘critical minerals’ at high grades
Permitting Milestone
- Permitting progressed with approval of the Final Exploration Report for Monte Alto
- Final Exploration Reports for 20 additional licences (324 km²) across the Rocha da Rocha Province, for a combined total of 348 km²
The detailed quarterly report can be found here.
Contacts
Bernardo Da Veiga, Managing Director and CEO
investors@brazilianrareearths.com
www.brazilianrareearths.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/8f65a599-ccac-49e9-90a0-76ea04566335
FAQ
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