Brazilian Rare Earths Ltd. (AU:BRE) has released an update.
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.
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