Brazilian Rare Earths Unveils Major Discovery

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

Brazilian Rare Earths Ltd. has announced a significant discovery of ultra-high grade rare earth elements at their Sulista project, with mineralization grades reaching up to 22.4% TREO. The exploration results from the first phase diamond drilling program and sampling indicate a large-scale mineralization comparable to their Monte Alto project, which could represent a substantial exploration opportunity. This discovery aligns with the company’s strategy and reinforces the potential of the rare earth province where the project is located.

For further insights into AU:BRE stock, check out TipRanks’ Stock Analysis page.