So I'm not REE expert, I came for the nickel with the REE credit potential, but whilst narrow and only 3 drill holes with the assays run, this looks very promising (but I'm happy to be told otherwise).
Take a look at ALV, who yesterday nearly tripled their market cap due to joint ownership in a project that has:
- 6m @ 1,188ppm TREO (35% MREO) auger ERRO273AGR from 1m* (Boa Vista 1)
- 5m @ 1,138ppm TREO (36% MREO) auger ERRO072AGR from 1m* (Fazendinha)
- 5m @ 951ppm TREO (37% MREO) auger ERRO136AGR from 1m* (Ferradura)
Now... they have a resource drilled out there already, and they've done the chem work that G88 says needs to occur next, so they're way ahead. But this to me looks promising
I'll read through the full announcement and make more conclusions when I get time later
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