High-grade mineralization has been observed at the Monte Alto project of Brazil Rare Earths.
The total rare earth oxide grade reaches as high as 45.7%, niobium oxide grade is 1.7%, scandium oxide grade is 0.0382%, tantalum oxide grade is 0.0962%, and uranium grade is 0.5781%.
The TREO grade of this ore is the highest reported globally.
The ore body remains unconstrained along strike and at depth.
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Lode Resources has observed exceptionally high-grade mineralization in core samples from the Montezuma project in Tasmania.
Drilling intersected 8.6 meters of ore with an antimony grade of 5% and gold at 0.7 g/mt, including 2.6 meters of mineralization with an antimony grade of 12%, silver at 1,677 g/mt, and gold at 1.16 g/mt.
Sample analysis indicates that the ore body is wider than previously thought.
The company has preliminarily designed a 10,000-meter drilling program.
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