Viridis Mining and Minerals Limited (AU:VMM) has released an update.
Viridis Mining and Minerals Limited has announced the discovery of high-grade rare earth element (REE) mineralization across eight new, previously untested concessions at their Colossus project. The successful scout drilling campaign has revealed significant mineralization, including noteworthy concentrations of heavy rare earths like Terbium and Dysprosium, which are crucial for the value of the company’s resource assets. These findings are set to influence the company’s exploration focus and are expected to contribute positively to the project’s future resource estimates and mine planning.
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