If they can come up with some results like these we might have a reason to be happy (from BRE)
Drill Results Confirm Ultra-High Rare Earth Grades at Sulista Project
▪ Ultra-high grade rare earth mineralisation discovered at the Sulista project, located ~80km southwest of
the Monte Alto project, with rare earth grades of up to 22.4% TREO1
▪ Exceptional REE-Nb-Sc-U grades of up to 39,770 ppm NdPr1
, 1,579ppm DyTb1
, 4,821ppm niobium,
241ppm scandium and 2,422ppm uranium
▪ Angled diamond drill hole JITDD0001 intersected 12.3m at 12.5% TREO at ~40m below surface with
22,175ppm NdPr, 906ppm DyTb, 200ppm Sc2O3, 2,547ppm Nb2O5 and 1,309ppm U3O8
▪ Grab samples from numerous hard rock outcrops across the Sulista project returned grades of up to
18.9% TREO, 37,345ppm NdPr, 2,634ppm DyTb, 5,458ppm Nb2O5 and 1,486ppm U3O8
▪ The first phase diamond drill program and outcrop sampling at the Sulista project confirms that high grade
REE-Nb-Sc-U mineralisation repeats along the strike of the Brazilian Rare Earths province
▪ Additionally, the re-assay program of historical auger drill holes at the Sulista project confirmed large areas
of shallow and high-grade monazite sand mineralisation with grades of up to 8.5% TREO
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