Look at below ENV's claims which is quite near MEI's high grade IAC REE zone (World’s Highest Grade Ionic Adsorption Clay REE Deposit), the REE potential is there and exploration could definitely be a success within the Poços de Caldas Alkaline Complex.
The map below is much better than many words' descriptions.
ENV also discovered the saprolite recently which is quite similar to MEI (refer to below photos), which demonstrates ENV's potential to host IAC REE mineralisationwithin this area.
Looks like ENV will drill the purple circled project first and imo it will be world class discovery as well, just read below regarding nearby MEI's high grade zones.
Eagerly wait for ENV's drilling work and drilling result which is possibly another world class IAC REE discovery! Brazil looks like the next rare earths power after China. With the strong shareholder base, I believe that with such a high-quality project, the stock price will be pushed to 6 cents before the drilling. Then if world-class rare earth discoveries are obtained, similar to the results of MEI, I believe the stock price will be between 10 cents and 15 cents? Very high confidence and expectations for ENV’s protential.
