Northwire Canada EditionWednesday, August 12, 2026
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DBG 2.00 −1.5% MOG 0.610 +5.2% CRE 0.345 −2.8% GNG 0.100 +0.0% XTG 2.76 +4.5% LIFT 2.87 +0.0% ANK 0.325 −4.4% FIN 0.105 +0.0% BTO 7.21 +2.3% SGD 16.75 −2.5% CNC 1.55 −1.3% EFR 20.25 −1.6% UTWO 0.370 +5.7% LVX 0.530 +0.0% BONE 0.035 +0.0% CLCH 1.14 +1.8% DBG 2.00 −1.5% MOG 0.610 +5.2% CRE 0.345 −2.8% GNG 0.100 +0.0% XTG 2.76 +4.5% LIFT 2.87 +0.0% ANK 0.325 −4.4% FIN 0.105 +0.0% BTO 7.21 +2.3% SGD 16.75 −2.5% CNC 1.55 −1.3% EFR 20.25 −1.6% UTWO 0.370 +5.7% LVX 0.530 +0.0% BONE 0.035 +0.0% CLCH 1.14 +1.8%
Drill Results

Verde Agritech finds REE mineralized zone in Brazil

By The Northwire Desk — AI Analysis Oct 06, 2025 · 17:41 NPK · 1.09 Verde Agritech Ltd
NPK · Price

Executive Summary

  • Verde Agritech disclosed a district‑scale, high‑grade magnetic rare earth element (MRE) discovery in Alto Paranaíba, Minas Gerais, covering ~5,500 ha across 13 mineral rights.
  • Surface/trench sampling shows average TREO of 3,532 ppm (median 3,148 ppm) with peaks up to 8,930 ppm; average MREO of 743 ppm with peaks up to 2,182 ppm.
  • Heavy rare earths (Dy and Tb) are present at economically significant levels (35‑60 ppm Dy, 8‑13 ppm Tb), supporting high‑coercivity magnet potential.

Key Details

  • Discovery footprint: ~5,500 ha (~20 sq mi) across 13 contiguous mineral claims held by Verde Agritech.
  • Sampling program: 75 surface/trench samples analyzed; QA/QC included blanks, certified reference materials and field duplicates (12 % of submissions).
  • TREO results: Average 3,532 ppm, median 3,148 ppm; peak assay 8,930 ppm.
  • MREO results: Average 743 ppm, median 3,148 ppm; peak assay 2,182 ppm.
  • Heavy rare earths (MREO‑10): Dysprosium oxide 35‑60 ppm; Terbium oxide 8‑13 ppm in top‑10 samples.
  • NdPr contribution: Nd and Pr account for ~19 % of TREO on average, up to 24 % in highest‑grade samples, indicating strong magnet feedstock quality.
  • Notable high‑grade trench sample (PT‑34): >2,100 ppm MREO with 53‑60 ppm Dy and 12‑13 ppm Tb.
  • Board action: Formal review initiated; decision on next steps (targeted drilling, staged evaluation, partnerships, etc.) to be communicated within seven days (on or before Oct 13 2025).
  • Qualified Person: Jose Marcio Matta Machado Paixao, Fellow of AusIMM, NI 43‑101 qualified.
  • Analytical method: SGS Geosol (Vespasiano, Brazil) using lithium‑borate fusion with ICP‑MS/OES; QA/QC program as described.

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

Materiality Assessment: Material – Positive (significant new resource potentially impacting future valuation and strategic direction).

Read the original news release →

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