Regarding the assumptions on nearology to Resouro- Tiros:
Are we going to focus solely on the most negative points we can possibly find, or can we focus on the positives too? Just saying.
Just because ENV is 30 km's from one of the world's largest undeveloped high grade IAC ree deposits, with one of the world's highest titanium grades, that doesn't necessarily mean ENV will have the same..... But maybe.
What other assumptions are we going to make?
How about Araxa, which is 90 km's S/W from Coda South and is the largest REE producer in Brazil (and also the main Niobium producer)
From page 19 of the below link.
https://www.sgb.gov.br/pdac/media/critical_minerals_potential.pdf
Another good post here also on nearology with ENV
https://hotcopper.com.au/threads/env-the-next-bemisa-iac-ree-giant-of-1-bt-is-forming.7869306/
Oh, but wait a minute, look what's next door.
The fact is, ENV have verified very high REE grades at Coda North through historical assays, so it's just the beginning.
Looks like a 60 square km REE Monster deposit in the making.
And we're at $11 M MC
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