Brazilian Rare Earths reports high-grade assays from its Monte Alto project

Kitco Media
By Michael McCrae
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Updated
Brazilian Rare Earths reports high-grade assays from its Monte Alto project teaser image

Assay results received from Brazilian Rare Earths' maiden diamond drilling program at Monte Alto returned mineralised intercepts with rare earth grades of up to 34.4% total rare earth oxide.

The company reported its drill results yesterday. It said that the finding significantly expand the Monte Alto high-grade REE-Nb-Sc exploration target corridor which remains open along strike and at depth.

Brazilian Rare Earths is up 10% over the past five days to A$1.70 a share. 

Kitco Media

Michael McCrae

Michael McCrae is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties. He was co-founder and publisher of MINING.com, an award-winning news site. Before coming to media, McCrae worked in IT and banking. Please reach out: mmccrae@kitco.com or (514) 670-1383. You can also follow him at @michaelmccrae.

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