Verde AgriTech Announces District Scale High-Grade Magnetic Rare Earths Discovery in Minas Gerais, Brazil

Executive Summary

• Verde AgriTech announced the delineation of a ~5,500‑ha continuous clay‑hosted REE mineralized zone in Alto Paranaíba, Minas Gerais, Brazil across 13 mineral rights.
• Surface/trench sampling (75 samples) returned exceptionally high grades: average TREO 3,532 ppm (median 3,148 ppm), peak TREO 8,930 ppm; average MREO 743 ppm with 22 samples >1,000 ppm and 7 samples >1,500 ppm.
• Heavy rare earths are present in the top grades: Dy₂O₃ 35‑60 ppm and Tb₄O₇ 8‑13 ppm, supporting high‑coercivity magnet potential.

Key Details

• Zone Size & Rights: ~5,500 ha (~20 sq mi) covering 13 contiguous mineral claims owned by Verde.
• Sampling Overview: 75 surface/trench samples; average MREO 743 ppm (400 ppm in 54% of samples, ≥1,000 ppm in 29%, ≥1,500 ppm in 9%).
• Total Rare Earth Oxides (TREO): Average 3,532 ppm, median 3,148 ppm; highest assay 8,930 ppm.
• Magnet‑Critical Elements: NdPr contribute ~19% of TREO on average, up to 24% in best samples; Dy₂O₃ 35‑60 ppm and Tb₄O₇ 8‑13 ppm in top 10 MREO samples.
• Top 10 Samples (selected):
• PT‑34: TREO 8,861 ppm, MREO 2,182 ppm, Dy₂O₃ 60 ppm, Tb₄O₇ 13 ppm.
• PT‑34 (alternate interval): TREO 8,915 ppm, MREO 2,218 ppm, Dy₂O₃ 53 ppm, Tb₄O₇ 12 ppm.
• PT‑08: TREO 8,276 ppm, MREO 1,818 ppm, Dy₂O₃ 48 ppm, Tb₄O₇ 11 ppm.
• Assay Methodology: Analyses by SGS Geosol (Vespasiano, Brazil) using lithium‑borate fusion with ICP‑MS/OES; QA/QC included 3 blanks, 3 CRMs, and 3 field duplicates among 84 submissions (≈12% controls).
• Qualified Person: José Márcio Matta Machado Paixão, Fellow AusIMM, NI 43‑101 Qualified Person.
• Board Action: The Board has initiated a formal review to determine next steps (targeted drilling, staged evaluation, partnerships, or other structures) and will issue an update within seven days (by 2025‑10‑13).
• Strategic Context: REE zone overlaps with Verde’s existing potash assets, potentially adding a high‑value rare‑earth component to its portfolio while the company remains primarily a fertilizer business.

Notable Quotes

“This discovery demonstrates a rare earth mineralized zone of considerable size and coherence across our mineral rights… We are now preparing to advance the project through a Board review to identify the best path forward to unlocking the project’s full potential.” – Cristiano Veloso, Founder & CEO