Highlights
- Brazilian Rare Earths confirms a new high-grade rare earth district at Sulista with 7+ km of mineralized strike.
- Exceptional grades up to 32.1% Total Rare Earth Oxides (TREO).
- Initial exploration target suggests 1,218 Mt at 46% TREO across seven corridors.
- Over 70% of drill holes hit mineralization.
- Project located near infrastructure in Bahia.
- Potentially positions Brazil as a hemisphere-leading source of magnet feed rare earth elements.
Brazilian Rare Earths Limited (ASX: BRE; OTCQX: BRELY, BRETF) says in a new press release that new drilling and surface sampling at Sulista, 80 km SW of Monte Alto, confirm a district-scale, shallow, high-grade REE system. The company now characterizes Sulista as a new high-grade rare earth district with 7+ km of cumulative mineralized strike across seven corridors, underpinned by roads, power (4 km to 138 kV), and proximity to Bahiaโs Camaรงari industrial hub.
Rare Earth Exchanges (REEx) interviewed BRE CEO Bernardo Da Veiga (opens in a new tab), a seasoned mining executive and entrepreneur. ย REEx has listed BRE as eighth on the REEx Heavy Rare Earth Element Deposit/Project Rankings due to their huge potential, but the stage remains early.
ย Whatโs new
- Sulista East: Tabular bedrock REE body with true thickness up to 30 m over 500 m strike, open. Drill highlights include 16.6 m @ 3.9% TREO from surface (STU1482, open) and 33 m @ 3.8% TREO from 7 m (JITDD0036); spot grades to 9.6% TREO and outcrops to 10.5% TREO. New โMonte Alto-styleโ boulders grading 32.1% TREO were found ~500 m north.
- Sulista West (Outcrop Ridge): 5,000 m diamond program launched targeting a REEโNbโScโTaโU system beneath a strong geophysical anomaly; prior outcrops up to 20.6% TREO and drilling up to 22.4% TREO. Recent auger: 6 m @ 9.9% TREO from 14 m (STU1813) with NdPr 34,467 ppm and DyTb 1,767 ppm.
- Exploration Target (district): 12โ18 Mt @ 4โ6% TREO across seven corridors (conceptual; not a resource). ~70% of Sulista East holes hit mineralization; interquartile grades 3โ5% TREO.
Why it matters
Brazilโs Rocha da Rocha Province is shaping up as a multi-district opportunity (BREโs words). If Sulistaโs grades/continuity hold, Bahia could become a hemisphere-leading source of magnet feed (NdPr), with dysprosium/terbium indications from Sulista Westโpotentially strategic for heavy-REE magnet blends.
The fineprint & status
- Not a resource: The Exploration Target is conceptual; more drilling is required to define JORC resources/reserves.
- Assays pending: 31 of 44 Sulista East core holes await assays; Sulista Westโs new 5,000 m is just starting.
- Next steps: Step-outs along the >1% TREO corridor; systematic drilling of ultra-high-grade boulder field; high-res heli-mag/radiometrics.
Investor questions (not answered yet)
- Metallurgy: How does monazite/host mineralogy impact recovery, radionuclide management, and CAPEX/OPEX?
- NdPr & HREE splits: What is the contained NdPr/Dy/Tb profile across East vs. Westโand how consistent through depth/strike?
- Scale to mine plan: How quickly can BRE convert conceptual tonnage into a JORC resource, and what mining method (regolith vs. bedrock) is most viable?
- Permitting & ESG: Whatโs the timeline for Brazilian federal/state permits and community engagement, especially given potential U/Th in mineralization?
- Processing route: On-site vs. toll/third-party cracking & separation? Offtake or strategic partner interest?
- Funding runway: How is the 2025โ26 drill, study, and test-work program financed if markets tighten?
Source: Brazilian Rare Earths Limited press release, โSulista Exploration Results Confirm a New High-Grade Rare Earth District,โ GlobeNewswire, Sept. 17, 2025. Author: Company news (BRE). Link provided in the announcement.
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