{"id":989717,"date":"2025-01-29T01:44:10","date_gmt":"2025-01-29T07:44:10","guid":{"rendered":"https:\/\/newsic.us\/news\/?p=989717"},"modified":"2025-01-30T01:45:36","modified_gmt":"2025-01-30T07:45:36","slug":"update-brazilian-rare-earths-december-2024-quarterly-report","status":"publish","type":"post","link":"https:\/\/newsic.us\/news\/update-brazilian-rare-earths-december-2024-quarterly-report\/","title":{"rendered":"UPDATE &#8212; Brazilian Rare Earths December 2024 Quarterly Report"},"content":{"rendered":"\n<p>SYDNEY, Jan. 29, 2025 &#8212;\u00a0Brazilian Rare Earths Limited (ASX:BRE \/ OTCQX: BRELY)\u00a0(\u2018BRE\u2019) is pleased to provide its quarterly report for the period ended 31 December 2024. Key highlights during and after the end of the quarter included:<\/p>\n\n\n\n<p><strong>Record Exploration Success Continues at Monte Alto<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Ultra-high-grade rare earth intercepts up to 45.7% TREO, with standout grades of NdPr (69,558 ppm) and DyTb (11,696 ppm)<\/li>\n\n\n\n<li>New record assays for niobium (1.7% Nb<sub>2<\/sub>O<sub>5<\/sub>) and tantalum (962 ppm Ta<sub>2<\/sub>O<sub>5<\/sub>) with very-high grades of scandium (382 ppm Sc<sub>2<\/sub>O<sub>3<\/sub>) and uranium (5,781 ppm U<sub>3<\/sub>O<sub>8<\/sub>)<\/li>\n\n\n\n<li>Exploration increased the continuity, depth and scale of the ultra-high-grade REE-Nb-Sc-Ta-U mineralised envelope, that remains open along strike and at depth<\/li>\n\n\n\n<li>Drilling extended the large horizons of high-grade, shallow monazite-sand mineralisation, including intercepts of 18m at 6.8% TREO from surface<\/li>\n<\/ul>\n\n\n\n<p><strong>District-Scale Growth Potential at Monte Alto<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Airborne magnetics revealed the potential for a larger, interconnected high-grade mineralised system extending over 4 km beyond the maiden Monte Alto deposit<\/li>\n\n\n\n<li>Multiple new regional discoveries, including high-grade rare earth outcrops of up to 14.6% TREO, rich in heavy rare earth elements dysprosium (5,691 ppm), terbium (737 ppm) and yttrium (74,543 ppm)<\/li>\n<\/ul>\n\n\n\n<p><strong>Outstanding Mineralogy and Metallurgy Results<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Chevkinite confirmed as the dominant mineral in the REE-Nb-Sc-Ta-U mineralisation, hosting exceptional grades of rare earths, niobium, tantalum, scandium and uranium<\/li>\n\n\n\n<li>Metallurgical test work on non-beneficiated \u2018run-of-mine\u2019 chevkinite achieved up to 94% TREO \u2018extraction\u2019 under mild acid and atmospheric leach conditions<\/li>\n<\/ul>\n\n\n\n<p><strong>Strategic Critical Minerals Portfolio<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>High-grade tantalum (up to 880 ppm) added to rare earths, niobium, scandium, and uranium endowment<\/li>\n\n\n\n<li>Monte Alto has 18 of the 50 U.S. designated \u2018critical minerals\u2019 at high grades<\/li>\n<\/ul>\n\n\n\n<p><strong>Permitting Milestone<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Permitting progressed with approval of the Final Exploration Report for Monte Alto<\/li>\n\n\n\n<li>Final Exploration Reports for\u00a020 additional licences\u00a0(324 km\u00b2) across the Rocha da Rocha Province, for a combined total of 348 km\u00b2<\/li>\n<\/ul>\n\n\n\n<p><strong>The detailed quarterly report can be found\u00a0here.<\/strong><\/p>\n\n\n\n<p><strong>Contacts<\/strong><\/p>\n\n\n\n<p>Bernardo Da Veiga, Managing Director and CEO<\/p>\n\n\n\n<p><strong>investors@brazilianrareearths.com<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ghiYT3oM-6XAmonVVQN5N6ZcE9z_q1oVOWKppOOW8TzxS5QiRtqS0kt_B8M7eOkqbw0XMzqXTKXgU9eggMeZjKNMHKy5XEnJNrsAy4g_asA=\" target=\"_blank\" rel=\"noreferrer noopener\"><br><\/a>www.brazilianrareearths.com<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SYDNEY, Jan. 29, 2025 &#8212;\u00a0Brazilian Rare Earths Limited (ASX:BRE \/ OTCQX: BRELY)\u00a0(\u2018BRE\u2019) is pleased to&#8230;<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"class_list":["post-989717","post","type-post","status-publish","format-standard","hentry","category-press-release"],"_links":{"self":[{"href":"https:\/\/newsic.us\/news\/wp-json\/wp\/v2\/posts\/989717"}],"collection":[{"href":"https:\/\/newsic.us\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsic.us\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsic.us\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/newsic.us\/news\/wp-json\/wp\/v2\/comments?post=989717"}],"version-history":[{"count":1,"href":"https:\/\/newsic.us\/news\/wp-json\/wp\/v2\/posts\/989717\/revisions"}],"predecessor-version":[{"id":989718,"href":"https:\/\/newsic.us\/news\/wp-json\/wp\/v2\/posts\/989717\/revisions\/989718"}],"wp:attachment":[{"href":"https:\/\/newsic.us\/news\/wp-json\/wp\/v2\/media?parent=989717"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsic.us\/news\/wp-json\/wp\/v2\/categories?post=989717"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsic.us\/news\/wp-json\/wp\/v2\/tags?post=989717"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}