Resouro Strategic Metals Inc (ASX:RAU) said that drilling at its Tiros Titanium and Rare Earth Elements project in Brazil confirmed the presence of a high-grade, near-surface mineralization, according to a Thursday filing with the Australian bourse.
Results yielded up to five meters at 22.4% titanium oxide from two meters and three meters at 13,074 parts per million total rare earth oxides from the surface.
The company will now focus on its metallurgical programs in progress at Brazil and Canada laboratories, the filing said.