Brazilian Rare Earths (ASX:BRE) reported drilling results, including rare earth elements grade of up to 45.7% total rare earth oxides, the highest at its Monte Alto rare earths project in Brazil, according to a Tuesday Australian bourse filing.
The assay results were reported from 69 diamond-core drill holes totaling 10,412 meters, the filing said.
The results included high-grade assays of up to 17,029 parts-per-million niobium oxide, 382 ppm scandium oxide, 962 ppm tantalum oxide, and 5,781 ppm uranium oxide.
It reported ultra-high grades of up to 69,558 ppm NdPr, which consists of neodymium oxide and praseodymium oxide, and heavy rare earths grades of up to 11,696 ppm DyTb, which consists of dysprosium oxide and terbium oxide.
The firm plans to conduct a drone-based magnetic and geophysical survey across the Monte Alto project to refine target exploration zones and step out diamond drilling in the first quarter.
It also plans to release the project's mineral resource estimate by the second quarter.
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