Sport Investors League
  • Politics
  • Stocks
  • Investing
  • Business

Sport Investors League

  • Politics
  • Stocks
  • Investing
  • Business
Investing

High-Grade Discoveries Enhance Scale of Pelé Project

by admin March 26, 2025
March 26, 2025
High-Grade Discoveries Enhance Scale of Pelé Project

Brazilian Rare Earths Limited (ASX: BRE) (OTCQX: BRELY / OTCQX: BRETF) is pleased to report the results of exploration drilling at the Pelé Target 1 Project, located in Bahia, Brazil.

New discovery of high-grade REE-Nb-Sc-Ta-U mineralisation

  • High-grade diamond drill results at Pelé Target 1 returned assays of up to 13.5% TREO:
    • NdPr: 23,217 ppm | DyTb: 938 ppm | Nb2O5: 5,011 ppm | Sc2O3: 381 ppm | Ta₂O₅: 248 ppm | U3O8: 1,100 ppm
  • High-grade REE-Nb-Sc-Ta-U from shallow depths (~20 m) extending to vertical depths of ~70 m
  • Drillhole TG1DD0004 returned 29.8 m of a cumulative downhole mineralisation, including 15.3 m at 9.1% TREO from 25.6 m depth, with grades of:
    • NdPr: 15,617 ppm | DyTb: 692 ppm | Nb₂O₅: 1,861 ppm | Sc₂O₃: 231 ppm | Ta₂O₅: 94 ppm | U₃O₈: 754 ppm
  • Auger drilling continues to discover extensive, near-surface horizons of high-grade monazite sands, with grades of up to 7.9% TREO and assays of up to 11,681ppm NdPr and 580 ppm DyTb

Pelé Target 1 discoveries extend high-grade mineralised trendline to 10 km

  • Pelé is confirmed as a major district-scale rare earth exploration project located ~60 km southwest of BRE’s Monte Alto project in Bahia, Brazil, and covers an exploration area over 60 times larger than Monte Alto
  • Recent exploration has focussed primarily on Pelé Target 1 – one of five large exploration target areas within the larger Pelé Project area – delivering new discoveries of high-grade rare earth outcrops with grades of up to 17.7% TREO and high-grade monazite sands with grades of up to 8.5% TREO
  • New outcrop discoveries of high-grade REE-Nb-Sc-Ta-U mineralisation significantly extend the mineralised strike at Pelé Target 1 to over 10 km
  • Brazilian Rare Earths now controls three major confirmed projects – Monte Alto, Sulista and Pelé – each demonstrating significant diamond drill intersections of high-grade REE-Nb-Sc-Ta-U mineralisation

The Pelé Project is hosted within the Volta do Rio Plutonic Suite, a large-scale magmatic system that extends over 180 km in Bahia, Brazil. Brazilian Rare Earths has confirmed the exploration potential of the province with multiple discoveries of ultra-high-grade mineralisation, including rare earth elements (REE), niobium (Nb), scandium (Sc), tantalum (Ta), and uranium (U).

Pelé Target 1 has the largest expanse of weathered REE-Nb-Sc-U outcrops discovered since exploration commenced at the Rocha da Rocha rare earth province. New geological mapping, 75 line-km of ground gamma stations and 162 new outcrop samples highlights that REE-Nb-Sc-Ta-U mineralisation repeats along eastern and western limbs of a regional structural fold that now extends over 10 km at the project.

Successful diamond drilling at Pelé Target 1

The new drilling results are from 10 diamond core holes totalling 901 metres and 100 auger drill holes totalling 1,095 metres. Assays are pending for a further 19 auger holes totalling 243 metres.

High-grade, hard rock REE-Nb-Sc-Ta-U mineralisation was intersected from shallow depths with assay grades of up to 13.5% TREO. High grades of neodymium and praseodymium were recorded, with grades up to 23,217 ppm NdPr, as well as high grades of dysprosium and terbium of up to 938 ppm DyTb.

Click here for the full ASX Release

This post appeared first on investingnews.com

0
FacebookTwitterGoogle +Pinterest
previous post
Edjudina Gold Project, WA – Permitting Application to Mine Neta Prospect Lodged
next post
Stunalara Acceptances Pass 90%

Related Posts

Silver Crown Royalties Announces Closing of Final Tranche...

April 28, 2025

High-Grades up to 65g/t Au at Second Fortune...

February 10, 2025

Bitcoin: A Price History of the First Cryptocurrency...

August 9, 2024

Can You Invest in Elon Musk’s Neuralink?

January 17, 2025

New RAD202 data confirms positive tumor uptake

March 17, 2025

Skyharbour’s Partner North Shore Uranium Signs Exploration Agreement...

March 21, 2025

Harmony Gold to Acquire MAC Copper in US$1.03...

June 2, 2025

Odessa Minerals Limited (ASX: ODE) – Trading Halt

September 26, 2024

$2.85m Placement in Conjunction with 815Koz AuEq Acquisition

April 14, 2025

Top 5 Canadian Mining Stocks This Week: Belo...

February 1, 2025

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent

    • Strategic Chaos or Tactical Goldmine? What QQQ’s Chart is Whispering Right Now

      June 5, 2025
    • Why ADX Can Mislead You — And How to Avoid It

      June 5, 2025
    • S&P 500 on the Verge of 6,000: What’s at Stake?

      June 5, 2025
    • Speaker Johnson surprised by Musk’s criticism of ‘big, beautiful bill’: He’s ‘flat wrong’

      June 5, 2025
    • There’s a way to aid Gaza. I know, my foundation just helped deliver 7 million meals… without incident

      June 5, 2025

    Categories

    • Business (967)
    • Investing (2,320)
    • Politics (2,873)
    • Stocks (1,054)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sportinvestorsleague.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 sportinvestorsleague.com | All Rights Reserved