Highlights
- Historic soil assays at Angola's Coola project reached 13.18% total rare earth oxides, with rock chips up to 4.85% TREO.
- REEx analysis finds NdPr oxides represent only ~10.3% of the top rock-chip result, with lanthanum and cerium dominating the composition.
- No mineral resource or economic viability has been established; drilling is planned for Q2 2027 pending wet-season timing.
- Tyranna Resources carries material going-concern uncertainty with only A$370,484 cash at June 30 before subsequent placements and divestments.
- Tenement renewal and regulatory conditions in Angola remained outstanding, and the consulting geologist had not visited the project site.
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