Verde AgriTech reports broad rare-earth drill intervals
Drilling at Minas Americas in Brazil returned 30 metres at 1,853 ppm magnet rare earth oxides from surface.
Verde AgriTech reported broad, from-surface intersections of magnet and heavy rare earth elements at its Minas Americas project in Brazil, held through its subsidiary Magnes Rare Earths. Reverse-circulation hole MAV_RC_0063 intersected 30 metres from surface at 1,853 parts per million (ppm) magnet rare earth oxides (MREO), including 1,792 ppm neodymium-praseodymium oxides (NdPr), 60 ppm dysprosium-terbium oxides (DyTb) and 270 ppm heavy rare earth oxides (HREO).
Additional reverse-circulation results included hole MAV_RC_0001, which returned 53 metres from surface at 1,242 ppm MREO, featuring an internal interval of 30 metres at 1,950 ppm MREO. A selected 5-metre interval within hole MAV_RC_0054 yielded 3,310 ppm MREO and 90 ppm DyTb. Shallow auger drilling also returned high-grade profiles, including hole MAV_AD_0691 with 8 metres from surface at 2,194 ppm MREO (2,122 ppm NdPr and 72 ppm DyTb) and MAV_AD_0639 with 11 metres from surface at 2,179 ppm MREO and 335 ppm HREO.
What stands out is the combination of broad intervals beginning at surface and the magnet and heavy rare-earth mix within them. This expanding dataset strengthens our exploration foundation, with SGS metallurgical results as the next important milestone.
Through the cutoff date of 25 September 2026, the reported drilling population reached 12,640.6 metres across 1,191 holes, comprising 7,304.6 metres in 1,020 auger holes and 5,336 metres in 171 reverse-circulation holes. The company stated that bench-scale metallurgical testing conducted by SGS Geosol on seven geological samples from four auger holes is currently under review, with complete metallurgical results expected in an upcoming announcement.
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