Brazilian Rare Earths Ltd. (AU:BRE) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Brazilian Rare Earths Ltd. has launched a +5,000m maiden diamond drilling program at the Pelé project following the discovery of large high-grade rare earth element (REE) outcrops and extensive geophysical anomalies. The project, which is significantly larger than their Monte Alto project, has shown promising assay results with notable concentrations of REE-Nb-Sc-U mineralisation. This exploration surge reflects the company’s confidence in the site’s potential for ultra-high grade REE-Nb-Sc-U deposits.
For further insights into AU:BRE stock, check out TipRanks’ Stock Analysis page.