Home / Metal News / Progress of the Campo Grande Rare Earth Mine Project in Brazil and Other Projects

Progress of the Campo Grande Rare Earth Mine Project in Brazil and Other Projects

iconOct 26, 2025 18:57
Source:Ministry of Natural Resources of the People's Repu

Drilling at Equinox Resources' Campo Grande project in Brazil has confirmed a shallow rare earth mineralization system.

Mid-section drilling intersected 14 meters of mineralization at a depth of 1 meter, with a total rare earth oxide (TREO) grade of 0.4022% and a magnet rare earth oxide (MREO) proportion of 26%.

Northern drilling intersected 15 meters of mineralization at a depth of 45 meters, with a TREO grade of 0.3268% and an MREO proportion of 21%.

The project is adjacent to the mining rights of Brazilian Rare Earths (BRE), where surface sampling has shown TREO grades reaching 1.7346%.

***

Gold Mountain achieved positive drilling results at the Irajuba deposit of its Down Under project in Brazil.

Drilling intersected 9 meters of mineralization with a TREO grade of 0.1698%, including a 5-meter-thick ore body grading 0.2057%, with an MREO proportion as high as 44.5%.

The drilling was located 600 meters south of the main ore body.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn