Verde AgriTech Ltd. has announced substantial new assay results from its Minas Americas rare earths project located in Minas Gerais, Brazil, revealing an expanded discovery footprint that now exceeds 3.5 square kilometers. The latest drilling data confirms the presence of shallow ionic-clay mineralization rich in magnet-basket rare earth elements, reinforcing the project's economic potential.
Key Assay Results Demonstrate High-Grade Mineralization
The company reported results from 17 auger holes, with several standout intervals highlighting the project's quality. The flagship interval from hole MAV_AD_0028 returned 10 meters averaging 0.84% total rare earth oxides (TREO) from surface, including a 5-meter section at 1.10% TREO from 3 meters depth. This interval also contained significant magnet rare earth oxides (MREO) at 1,965 ppm, with neodymium-praseodymium (NdPr) oxides reaching 1,904 ppm.
Additional High-Grade Intervals Strengthen Discovery Model
Further supporting the discovery, hole MAV_AD_0035 added a second 5-meter proof interval averaging 0.83% TREO, while MAV_AD_0029 ended in mineralization after 16 meters from surface. The data shows repeatable multi-meter enrichment across multiple holes, with five of the 17 newly reported holes containing continuous runs of at least 0.40% TREO over 3 meters or more.
Cristiano Veloso, Founder and CEO of Verde, emphasized the consistency of the discovery story. "This batch strengthens that same story in the ways that matter most: a stronger flagship interval, a second 5-meter proof interval, additional corroboration in separate holes, and open-ended continuity," Veloso stated. "We are seeing shallow thickness, repeatable internal enrichment, strong NdPr and meaningful dysprosium/terbium inside a growing footprint."
Growing Scale and Magnet-Basket Quality
The drill-confirmed footprint now exceeds 3.5 km² within a mapped geological unit covering over 15 km². The magnet-basket quality remains a defining strength, with MREO accounting for approximately 22-25% of TREO in the strongest intervals. Yttrium oxide (Y₂O₃) exceeded 100 ppm over approximately 26 meters across five of the new holes.
Veloso highlighted the technical and economic significance of these results. "That combination makes the discovery more defensible technically and more meaningful economically as we advance toward a 3D model, representative metallurgical composites and, ultimately, a maiden resource."
Geological Model Strengthens Without Change
The geological model at Minas Americas continues to strengthen without fundamental alteration. The signature established at surface and in earlier drilling – shallow position, NdPr-rich magnet basket, persistent dysprosium/terbium support, and laterally continuous clay mineralization – is now repeating across a larger area.
Drilling continues across eight additional targets as Verde advances the project toward resource definition. The company's consistent results since the project's initial disclosure in October demonstrate a coherent discovery narrative with growing scale and quality.
