Brazilian Critical Minerals (ASX:BCM) reported assay results from infill drilling at Ema rare earth elements project in Brazil, according to a Monday Australian bourse filing.
The program aimed to define an indicated mineral resource estimate over the central portion of the Ema mineral resource.
Significant results include an intercept of nine meters at 1,065 parts per million total rare earth oxides from a depth of 12 meters, ending in 949 ppm TREO.
It is continuing work on its scoping study, which is expected in the first quarter.
The firm's shares rose 12% in recent trading on Monday.
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