Brazilian Rare Earths (ASX:BRE) made an "exceptional" heavy rare earth discovery at its Monte Alto project in Brazil, according to a Wednesday filing with the Australian bourse.
The company hit outcropping rare earth mineralization with grades of up to 14.6% total rare earth oxides, and heavy rare earth grades of up to 5,691 parts per million dysprosium oxide, 737 ppm terbium oxide and 74,543 ppm yttrium oxide, the filing stated. It also struck high-grade rare earth channel-sampling at Monte Alto East.
The mineral explorer's shares were up more than 5% in recent Wednesday trade.
Price (AUD): $2.55, Change: $+0.13, Percent Change: +5.37%
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。