Axel REE Ltd. (AU:AXL) has released an update.
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Axel REE Ltd. has announced record-breaking results from its Caladão Project in Brazil’s Lithium Valley, with assays revealing high grades of Total Rare Earth Oxide (TREO) and Magnet Rare Earth Oxide (MREO). The recent drilling program affirms the site’s potential as a world-class rare earth element deposit, showcasing significant mineralization over a vast area. This development underscores the project’s scalability and further solidifies its position as a promising prospect in the rare earth market.
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