Verde AgriTech has released new assay results from its current drilling activities at the Minas Americas Global Alliance Project. The latest data reveal a significant intercept measuring 13.0 meters with an average total rare earth oxide (TREO) grade of 0.83%, including a higher-grade section of 8.0 meters at 1.01% TREO. Notably, 25% of the total drilled meters to date have returned TREO grades equal to or exceeding 0.40%.
These findings contribute to the ongoing evaluation of the project’s resource potential, supporting Verde AgriTech’s efforts to advance the development of rare earth elements critical for various technology applications.
**Why this matters**
Rare earth elements are essential components in many high-tech industries, including electronics, renewable energy, and electric vehicles. Identifying substantial and consistent TREO grades enhances the project’s value and potential supply contribution. Verde AgriTech’s continued success in drilling results helps position the Minas Americas project as a promising source of these important materials.
Source: NewsData