Best timing for ADG to explore the Paraiba Province.
From SUM
Equador Assays• 303,400ppm or 30.34% (Nb2O5) + 15,130ppm PREOor 1.513% PREO (SID 100/24)1
Due diligence highlighted the presence of prospectivepegmatites at Ecuador, which have seen prior informal mining and extraction of Niobium / Tantalite mineralization from withthese pegmatites.
ADG
The 10 Exploration Permits in two areas of Paraiba Province in Brazil were applied for in November 2023 and granted in March 2024. The applications cover a total area of 162.8km2 that are prospective for lithium pegmatites and form part of the Company’s plan to expand its exploration efforts in Brazil. Both areas occur within the Borborema Region that comprise Proterozoic rocks that form part of the Brasiliano Fold belt and which host plutonic intrusions similar to the “Lithium Valley” region of Minas Gerais Province. This region has known lithium pegmatites and many deposits /occurrences of tantalum, beryl, niobium, and aquamarine that are commonly associated with Lithium type pegmatites.
Plenty of potential
IMO
ADG discussion, page-9
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