Amended Announcement -Ansto ISR Column Permeability
Released
Released
Announcement PDF
ASX Announcement
Released 12th March 2025
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AMENDED ANNOUNCEMENT -ANSTO ISR COLUMN
PERMEABILITY AND RECOVERIES
BODE WELL FOR FIELD PILOT TRIAL
Brazilian Critical Minerals Limited (ASX: BCM) (“BCM” or the “Company”) refers to the announcement
lodged on 10th March 2025.
Attached is the announcement with additional information for investors on the location of the sample
work and a revised competent person statement.
This announcement has been authorised for release by the Board of Directors.
Enquiries
For more information please contact:
Andrew Reid
Managing Director
Brazilian Critical Minerals Limited
Andrew.reid@braziliancriticalminerals.com
Brazilian Critical Minerals Ltd (ABN: 82 089 221 634)
AUS: Level 28, 140 St Georges Terrace, Perth WA 6000 T +61 8 6383 7820
BRA: Av Jornalista Riccardo Marinho, 360, Sala 113, Barra da Tijuca, Rio de Janeiro T +55 21 2439 57
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ANSTO ISR COLUMN PERMEABILITY AND RECOVERIES
BODE WELL FOR FIELD PILOT TRIAL
Highlights
•
74% magnet (MREE) recovery and 62% (TREE + Y) recovery from ISR (in-situ recovery) column
test at ANSTO (Australian Nuclear Science and Technology Organisation) significantly higher
than recent scoping study base parameters
•
ISR test was designed to mimic conditions of density, pressure and moisture measured in the
ground and expected during eventual production
•
Individual final calculated MREE recoveries;
o
o
o
o
Praseodymium 85%
Neodymium 72%
Terbium 70%
Dysprosium 63%
•
ISR recoveries were achieved over only 28 days of leaching, resulting from permeability flow
rates sufficient for commercial extraction
•
Recoveries achieved using low strength 0.5M MgSO4, pH 4.5, at ambient temperatures
•
Test results bode well for the upcoming field pilot testwork which will commence during Q2
2025
ANSTO, commented:
“A pressurised column set at 2bar, the equivalent of approximately 20m depth below surface resulted
in permeability flow rates in line with those achieved by the Company in Brazil from the same sample.
The test also showed that the rare earths are readily soluble using MgSO4 resulting in high recoveries
after the passing of only 1.9 pore volumes (the ratio of the material's air volume to total volume).”
Andrew Reid, Managing Director, commented:
“Over the past 6 months the team has been actively working on the steps required to maximise the
recoveries of rare earths whilst minimising impurity levels. The ANSTO column test followed the same
sequence, the same MgSO4 reagent and concentration, as well as the same physical parameter setup in
the column to mimic ISR. These results give us confidence in being able to replicate these lab tests in the
field with the pilot trial commencing in the coming weeks.”
Brazilian Critical Minerals Ltd (ABN: 82 089 221 634)
AUS: Level 28, 140 St Georges Terrace, Perth WA 6000 T +61 8 6383 7820
BRA: Av Jornalista Riccardo Marinho, 360, Sala 113, Barra da Tijuca, Rio de Janeiro T +55 21 2439 57
ASX Announcement
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Brazilian Critical Minerals Limited (ASX: BCM) (“BCM” or the “Company”) is pleased to announce that
results have been received from an ANSTO column test that was set up and run to mimic conditions of
temperature, pressure, density and moisture as those measured from in-situ samples at the Ema project.
The Company requested ANSTO to supplement their ongoing column work with a standard ISR column
test on the Ema material. The test involved packing the ore into a column to achieve a bulk density as
close as possible to that underground and feeding the MgSO4 lixiviant through the mineralised material
at a pressure equivalent to that at the depth of the orebody, with the column in a vertical configuration.
The aim of the ISR test was to provide a more accurate assessment of the permeability of the
undisturbed clay underground, as well as provide relevant leaching data such of rare earth extraction vs
pore volume as well as MgSO4 reagent consumption rates.
Results
A head grade analysis of the sample was determined at ALS Geochemistry Laboratory, Brisbane to
contain 829ppm TREY (15 REE elements + Yttrium) of which 30% or 250ppm were of the elements Nd,
Pr, Dy and Tb. These results have not been converted to rare earth oxide form.
Over the course of 28 days, the MgS04 lixiviant at pH 4.5 was injected through the column which resulted
in high recoveries of TREY and MREE relative to the recent values used in the Ema scoping study1 (table
1).
Key takeaways;
•
•
•
High recoveries of MREE achieved over the test period (table 1), with most of the recovery
occurring over only 17 days
<2 pore volumes (the ratio of the material's air volume to total volume) required to achieve final
recoveries (Figure 1.)
Individual MREE recoveries were;
o Praseodymium 85%;
o Neodymium 72%;
o Terbium 70%; and
o Dysprosium 63%
Table 1. Comparison of Scoping Study recoveries vs ANSTO Column recoveries
TREY (%)
MREE (%)
1
48
62
ANSTO Column Recoveries
62
74
Scoping Study Recoveries
Brazilian Critical Minerals Ltd (ABN: 82 089 221 634)
AUS: Level 28, 140 St Georges Terrace, Perth WA 6000 T +61 8 6383 7820
BRA: Av Jornalista Riccardo Marinho, 360, Sala 113, Barra da Tijuca, Rio de Janeiro T +55 21 2439 57
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Figure 1. Solution concentration of rare earth elements in (ppm) over the 28-day test period.
Figure 2. Cumulative extraction of rare earth elements in (%) over the 28-day test period.
Brazilian Critical Minerals Ltd (ABN: 82 089 221 634)
AUS: Level 28, 140 St Georges Terrace, Perth WA 6000 T +61 8 6383 7820
BRA: Av Jornalista Riccardo Marinho, 360, Sala 113, Barra da Tijuca, Rio de Janeiro T +55 21 2439 57
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Figure 3. Location of Drill hole EMA-TR-188 used for the Metallurgical ANSTO sampling. Refer to
Appendix 1 & 2 for detailed co-ordinates and assay information.
Brazilian Critical Minerals Ltd (ABN: 82 089 221 634)
AUS: Level 28, 140 St Georges Terrace, Perth WA 6000 T +61 8 6383 7820
BRA: Av Jornalista Riccardo Marinho, 360, Sala 113, Barra da Tijuca, Rio de Janeiro T +55 21 2439 57
ASX Announcement
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Next Steps
The field pilot trial is an important next step in the evolution of the Ema rare earths project, designed to
gather important information for the next study phase. To date, the Company has completed numerous
field slug tests1 and column test results both within Brazil and at Australian Nuclear Science &
Technology Organisation (ANSTO) in Sydney, all of which have shown that there is a degree of
permeability within the weathered clays that allows solution flow and the ability to ionically recover rare
earths into solution.
References
1
Brazilian Critical Minerals (ASX:BCM) – Ema Scoping Study confirms low CAPEX and OPEX 26th
February 2025
This announcement has been authorised for release by the Board of Directors.
Enquiries
For more information please contact:
Andrew Reid
Managing Director
Brazilian Critical Minerals Limited
Andrew.reid@braziliancriticalminerals.com
Brazilian Critical Minerals Limited (BCM) is a mineral exploration
company listed on the Australian Securities Exchange.
Its major exploration focus is Brazil, in the Apuí region, where
BCM has discovered a world class Ionic Adsorbed Clay (IAC) Rare
Earth Elements deposit. The Ema IAC project is contained within
the 781 km² of exploration tenements within the Colider Group
and adjacent sediments.
BCM has defined an indicated and inferred MRE of 943Mt of REE’s
with metallurgical recoveries averaging 68% MREO, representing
some of the highest for these types of deposits anywhere in the
world.
The Company has converted the MRE central portion from
Inferred into the Indicated category with an extensive drill
program during 2024 which informed the scoping study and
economic analysis released in February 2025.
Brazilian Critical Minerals Ltd (ABN: 82 089 221 634)
AUS: Level 28, 140 St Georges Terrace, Perth WA 6000 T +61 8 6383 7820
BRA: Av Jornalista Riccardo Marinho, 360, Sala 113, Barra da Tijuca, Rio de Janeiro T +55 21 2439 57
ASX Announcement
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Ema REE Global Mineral Resource Estimate @COG 500ppm TREO
JORC
cut-off
Tonnes
TREO
NdPr
Category
ppm TREO
Mt
ppm
ppm
Indicated
500
248
759
176
Inferred
500
695
701
165
Total
500
943
716
168
DyTb
ppm
16
16
16
MREO
ppm
192
181
184
MREO: TREO
%
25
26
26
The information in this announcement relates to previously reported exploration results and mineral
resource estimates for the Ema Project released by the Company to ASX on 22 May 2023, 17 July 2023,
19 July 2023, 31 July 2023, 13 Sep 2023, 19 Oct 2023, 06 Dec 2023, 06 Feb 2024, 22 Feb 2024, 13 Mar
2024, 02 Apr 2024, 08 Oct 2024 19 Nov 2024, 21 Jan 2025 and 17th Feb 2025. The Company confirms
that is not aware of any new information or data that materially affects the information included in the
above-mentioned releases.
Competent Person Statement
The information in this report that relates to exploration results released by the Company to the ASX on
22 May 2023, 17 July 2023, 19 July 2023, 31 July 2023, 13 Sep 2023, 19 Oct 2023, 06 Dec 2023, 06 Feb
2024, 22 Feb 2024, 13 Mar 2024, 02 Apr 2024, 08 Oct 2024 19 Nov 2024, 21 Jan 2025, 17th Feb 2025 and
12th March 2025 is based on information compiled by Mr. Antonio de Castro, BSc (Hons), MAusIMM,
CREA, who acts as BCM´s Senior Consulting Geologist through the consultancy firm, ADC Geologia Ltda.
Mr. Castro has sufficient experience which is relevant to the type of deposit under consideration and to
the reporting of exploration results and analytical and metallurgical test work to qualify as a Competent
Persons as defined in the 2012 Edition of the Joint Ore Reserve Committee (JORC) “Australasian Code
for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr. Castro consents to the
report being issued in the form and context in which it appears.
The Company confirms that is not aware of any new information or data that materially affects the
information included in the above-mentioned relevant market announcements, that all material
assumptions and technical parameters underpinning the estimates in the relevant market announces
continue to apply and have not materially changed.
Brazilian Critical Minerals Ltd (ABN: 82 089 221 634)
AUS: Level 28, 140 St Georges Terrace, Perth WA 6000 T +61 8 6383 7820
BRA: Av Jornalista Riccardo Marinho, 360, Sala 113, Barra da Tijuca, Rio de Janeiro T +55 21 2439 57
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Appendix 1 – Total REE oxide distribution down-hole
Auger
hole
EMA-TR-188
From
(m)
4
Interval
(m)
10
TREO
(ppm)
1315
%
MREO1
30
DyTb
(ppm)
31
% HREO2
26
HoleID
From
To
TREO
(ppm)
% HREO
% MREO
NdPr
(ppm)
DyTb
(ppm)
EMA-TR-188
EMA-TR-188
EMA-TR-188
EMA-TR-188
EMA-TR-188
EMA-TR-188
EMA-TR-188
EMA-TR-188
EMA-TR-188
EMA-TR-188
0,5
1
2
3
4
5
6
7
8
9
1
2
3
4
5
6
7
8
9
10
338
480
439
464
723
947
1579
1667
1587
1389
20
16
15
15
18
19
25
28
31
34
6
6
10
15
25
31
32
31
30
30
12
21
39
61
172
275
479
470
436
370
7,6
8,5
7,3
7,7
12,2
15,8
34,4
39,7
43,3
41,9
NdPr
(ppm)
367
Average
(ppm)
1315
Appendix 2: Auger drill-hole locations
Hole ID
East
North
RL (m)
Depth (m)
Azimuth
Dip
Tenement
EMA-TR-188
185794
9181359
163
10,0
0
-90
880.107/2008
1 MREO (Magnetic Rare Earth Oxide) = Tb4O7 + Dy2O3 + Nd2O3 + Pr6O11
2
HREO (Heavy Rare Earth Oxide) = Sm2O3 + Eu2O3 + Gd2O3 + Tb4O7 + Dy2O3 + Ho2O3 + Er2O3 + Tm2O3 + Yb2O3 + Y2O3 + Lu2O3
Brazilian Critical Minerals Ltd (ABN: 82 089 221 634)
AUS: Level 28, 140 St Georges Terrace, Perth WA 6000 T +61 8 6383 7820
BRA: Av Jornalista Riccardo Marinho, 360, Sala 113, Barra da Tijuca, Rio de Janeiro T +55 21 2439 57
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Appendix 3
The following Table and Sections are provided to ensure compliance with JORC Code (2012
Edition).
JORC (2012) Table 1 – Section 1: Sampling Techniques and Data for auger hole drilling
Item
JORC code explanation
Comments
Sampling Techniques
•
•
Nature and quality of sampling (eg cut channels. random chips.
or specific specialised industry standard measurement tools
appropriate to the minerals under investigation. such as down
hole gamma sondes. or handheld XRF instruments. etc). These
examples should not be taken as limiting the broad meaning of
sampling.
Include reference to measures taken to ensure sample
representativity and the appropriate calibration of any
measurement tools or systems used.
•
Aspects of the determination of mineralisation that are Material
to the Public Report.
•
In cases where ‘industry standard’ work has been done this
would be relatively simple (eg ‘reverse circulation drilling was
used to obtain 1 m samples from which 3 kg was pulverised to
produce a 30 g charge for fire assay’). In other cases more
explanation may be required. such as where there is coarse gold
that has inherent sampling problems. Unusual commodities or
mineralisation types (eg submarine nodules) may warrant
disclosure of detailed information.
•
Metallurgical results are for a 60kg composite sample,
not dried, maintaining in-situ moisture level, from a
twin auger hole EMA-TR-188, from 4m to 10m.
•
Every 1-metre sample was collected in a plastic bag in
the field, immediately sealed to preserve natural
humidity.
•
Sampling was supervised by a BCM geologist.
•
Each metre weighted around 10kg.
•
The plastic bags as received from the field were sent to
ANSTO.
Drilling
Techniques
•
Drill type (eg core. reverse circulation. openhole hammer. rotary air blast. auger. Bangka.
sonic. etc) and details (eg core diameter. triple
or standard tube. depth of diamond tails. facesampling bit or other type. whether core is
oriented and if so. by what method. etc).
•
Auger drilling was completed by a hand-held
mechanical auger with a 3” auger bit. The drilling is an
open hole. meaning there is a significant chance of
contamination from surface and other parts of the
auger hole. Holes are vertical and not oriented.
Drill Sample
Recovery
•
Method of recording and assessing core and
chip sample recoveries and results assessed.
•
No recoveries are recorded.
•
•
Measures taken to maximise sample recovery
and ensure representative nature of the
samples.
The operator observes the volume of each metre and
notes any discrepancy.
•
No relationship is believed to exist between recovery
and grade.
•
All exploration holes were logged by GE21 geologist.
detailing the colour. weathering. alteration. texture
and any geological observations. Care is taken to
identify transported cover from in-situ saprolite/clay
Logging
•
Whether a relationship exists between sample
recovery and grade and whether sample bias
may have occurred due to preferential loss/gain
of fine/coarse material.
•
Whether core and chip samples have been
geologically and geotechnically logged to a level
of detail to support appropriate Mineral
Resource estimation. mining studies and
metallurgical studies.
Brazilian Critical Minerals Ltd (ABN: 82 089 221 634)
AUS: Level 28, 140 St Georges Terrace, Perth WA 6000 T +61 8 6383 7820
BRA: Av Jornalista Riccardo Marinho, 360, Sala 113, Barra da Tijuca, Rio de Janeiro T +55 21 2439 57
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Item
SubSampling
Techniques
and
Sampling
Procedures
Quality of
Assay Data
and
Laboratory
Tests
Verification
of Sampling
and Assaying
JORC code explanation
Comments
•
Whether logging is qualitative or quantitative in
nature. Core (or costean. channel. etc)
photography.
•
•
The total length and percentage of the relevant
intersections logged.
Qualitative logging with systematic photography of the
stored box.
•
The entire auger hole is logged.
zones and the moisture content. Logging was done to a
level that would support a Mineral Resource Estimate.
•
If core. whether cut or sawn and whether
quarter. half or all core taken.
•
Sampling was conducted from 4m to 10m by auger
drilling.
•
If non-core. whether riffled. tube sampled.
rotary split. etc and whether sampled wet or
dry.
•
Each metre was fully collected in a plastic bag, then
immediately sealed to preserve its natural moisture.
•
For all sample types. the nature. quality and
appropriateness of the sample preparation
technique.
•
Quality control procedures adopted for all subsampling stages to maximise representativity of
samples.
•
Measures taken to ensure that the sampling is
representative of the in-situ material collected.
including for instance results for field
duplicate/second-half sampling.
•
Whether sample sizes are appropriate to the
grain size of the material being sampled.
•
The nature. quality and appropriateness of the
assaying and laboratory procedures used and
whether the technique is considered partial or
total.
•
ANSTO sent the composite sample to determine its
head grade at ALS-Brisbane.
•
The assay technique used for REE was Lithium
Metaborate Fusion ICP-MS, which is a total analysis
technique for the REE suite and associated elements.
•
Assays for recovered REE were conducted at ANSTO
•
All assay results in this report for REE are presented for
the element, not its oxide.
•
Apart from the routine QA/QC procedures by the
Company and the laboratory. there was no other
independent or alternative verification of sampling and
assaying procedures.
•
Analytical results for REE were supplied digitally.
directly from ANSTO to the CEO in Australia.
•
This sampling is from a twin hole, 1m from EMA-TR188, from 4m to 10m.
•
Geological data was logged onto paper and transferred
to Excel spreadsheets at end of the day and then
transferred into the drill hole database. Microsoft
Access is used for database storage and management
and incorporates numerous data validation and data
integrity checks. All assay data is imported directly into
the Microsoft Access database.
•
For geophysical tools. spectrometers. handheld
XRF instruments. etc. the parameters used in
determining the analysis including instrument
make and model. reading times. calibrations
factors applied and their derivation. etc.
•
Nature of quality control procedures adopted
(eg standards. blanks. duplicates. external
laboratory checks) and whether acceptable
levels of accuracy (ie lack of bias) and precision
have been established
•
The verification of significant intersections by
either independent or alternative company
personnel.
•
The use of twinned holes.
•
Documentation of primary data. data entry
procedures. data verification. data storage
(physical and electronic) protocols.
•
Discuss any adjustment to assay data.
Brazilian Critical Minerals Ltd (ABN: 82 089 221 634)
AUS: Level 28, 140 St Georges Terrace, Perth WA 6000 T +61 8 6383 7820
BRA: Av Jornalista Riccardo Marinho, 360, Sala 113, Barra da Tijuca, Rio de Janeiro T +55 21 2439 57
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Item
Location of
Data Points
JORC code explanation
•
Comments
Accuracy and quality of surveys used to locate
drill holes (collar and down-hole surveys).
trenches. mine workings and other locations
used in Mineral Resource estimation.
•
No adjustments were made to the data.
•
All REE assay data received from the laboratory in
element form is unadjusted for data entry.
•
The UTM WGS84 zone 21S grid datum is used for
current reporting.
•
EMA-TR-188
•
Single auger hole, twin of EMA-TR-188, sampled from
4m to 10m for metallurgical test work on a natural
sample, not dried, with its in-situ moisture.
185794N 9181359E
163RL
•
Specification of the grid system used.
•
Quality and adequacy of topographic control.
•
Data spacing for reporting of Exploration
Results.
•
Whether the data spacing and distribution is
sufficient to establish the degree of geological
and grade continuity appropriate for the
Mineral Resource and Ore Reserve estimation
procedure(s) and classifications applied.
•
Whether sample compositing has been applied.
•
Whether the orientation of sampling achieves
unbiased sampling of possible structures and
the extent to which this is known. considering
the deposit type.
•
The location and depth of the sampling is appropriate
for the deposit type.
•
•
Relevant REE values are compatible with the
exploration model for ionic REEs.
If the relationship between the drilling
orientation and the orientation of key
mineralised structures is considered to have
introduced a sampling bias. this should be
assessed and reported if material.
•
No relationship between mineralisation and drilling
orientation is known at this stage.
Sample
security
•
The measures taken to ensure sample security.
•
The auger samples in sealed plastic bags were sent
directly to ANSTO by bus and then airfreight. The
Company has no reason to believe that sample security
poses a material risk to the integrity of the assay data.
Audit or
Reviews
•
The results of any audits or reviews of sampling
techniques and data.
•
The sampling techniques and data have been reviewed
by the Competent Person and are found to be of
industry standard.
Data Spacing
and
Distribution
Orientation
of Data in
relation to
Geological
Structure
Brazilian Critical Minerals Ltd (ABN: 82 089 221 634)
AUS: Level 28, 140 St Georges Terrace, Perth WA 6000 T +61 8 6383 7820
BRA: Av Jornalista Riccardo Marinho, 360, Sala 113, Barra da Tijuca, Rio de Janeiro T +55 21 2439 57
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JORC (2012) Table 1 - Section 2: Reporting of Exploration Results
Criteria
Mineral
Tenement and
Land Tenure
Status
JORC code explanation
•
Commentary
Type. reference name/number. location
and ownership including agreements or
material issues with third parties such as
joint ventures. partnerships. overriding
royalties. native title interests. historical
sites. wilderness or national park and
environmental settings.
•
The EMA and EMA EAST leases are 100% owned
by BCM with no issues in respect to native title
interests. historical sites. wilderness or national
park and environmental settings.
•
The Company is not aware of any impediment to
obtain a licence to operate in the area.
•
The security of the tenure held at the time
of reporting along with any known
impediments to obtaining a licence to
operate in the area.
Exploration
done by Other
Parties
•
Acknowledgment and appraisal
exploration by other parties.
of
•
No exploration by other parties has been
conducted in the region.
Geology
•
Deposit type. geological setting and style of
mineralisation.
•
The REE mineralisation at EMA is contained within
the tropical lateritic weathering profile developed
on top of felsic rocks. rhyolites as per the Chinese
deposits.
•
The REE mineralisation is concentrated in the
weathered profile where it has dissolved from the
primary mineral. such as monazite and xenotime.
then adsorbed on to the neo-forming fine
particles of aluminosilicate clays (e.g. kaolinite.
illite. smectite).
•
This adsorbed iREE is the target for extraction and
production of REO.
•
Auger locations and diagrams are presented in
previous announcements.
•
Details are tabulated in the announcement.
Drill Hole
Information
•
•
A summary of all information material to
the understanding of the exploration
results including a tabulation of the
following information for all Material drill
holes:
•
easting and northing of the drill
hole collar
•
elevation or RL (Reduced Level –
elevation above sea level in
metres) of the drill hole collar
•
dip and azimuth of the hole
•
down
hole
length
interception depth
•
hole length.
and
If the exclusion of this information is
justified on the basis that the information
is not Material and this exclusion does not
detract from the understanding of the
report. the Competent Person should
clearly explain why this is the case.
Brazilian Critical Minerals Ltd (ABN: 82 089 221 634)
AUS: Level 28, 140 St Georges Terrace, Perth WA 6000 T +61 8 6383 7820
BRA: Av Jornalista Riccardo Marinho, 360, Sala 113, Barra da Tijuca, Rio de Janeiro T +55 21 2439 57
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Criteria
Data
aggregation
methods
Relationship
between
mineralization
widths and
intercepted
lengths
JORC code explanation
•
In reporting Exploration Results. weighting
averaging techniques. maximum and/or
minimum grade truncations (eg. cutting of
high grades) and cut-off grades are usually
Material and should be stated.
•
Where aggregate intercepts incorporate
short lengths of high-grade results and
longer lengths of low-grade results. the
procedure used for such aggregation
should be stated and some typical
examples of such aggregations should be
shown in detail.
•
The assumptions used for any reporting of
metal equivalent values should be clearly
stated.
•
These relationships are particularly
important in the reporting of Exploration
Results.
•
If the geometry of the mineralisation with
respect to the drill hole angle is known. its
nature should be reported.
Commentary
•
Weighted averages were calculated for all
intercepts.
•
500ppm TREO cut-off grade was applied to define
the relevant intersections.
•
No metal equivalent values reported.
•
Significant values of REE were reported for the
auger samples.
•
Mineralisation orientation is not known at this
stage although assumed to be flat.
•
The downhole depths are reported, true widths
are not known at this stage.
•
If it is not known and only the down hole
lengths are reported. there should be a
clear statement to this effect (eg ‘down
hole length. true width not known’).
Diagrams
•
Appropriate maps and sections (with
scales) and tabulations of intercepts should
be included for any significant discovery
being reported These should include. but
not be limited to a plan view of drill hole
collar locations and appropriate sectional
views.
•
Maps and tables of the auger holes location and
target location are inserted in previous
announcements.
Balanced
reporting
•
Where comprehensive reporting of all
Exploration Results is not practicable.
representative reporting of both low and
high grades and/or widths should be
practiced to avoid misleading reporting of
Exploration Results.
•
Relevant REE mineralisation with grades higher
than 500ppm TREO in auger holes were reported
with confirmation of IAC (Ionic Adsorbed Clay)
type mineralisation obtained in almost all the
auger holes from phase 1 in this same geological
setting.
Other
substantive
exploration
data
•
Other exploration data. if meaningful and
material. should be reported including (but
not limited to): geological observations;
geophysical survey results; geochemical
survey results; bulk samples – size and
method of treatment; metallurgical test
results; bulk density. groundwater.
geotechnical and rock characteristics;
potential deleterious or contaminating
substances.
•
No other significant exploration data has been
acquired by the Company.
Further Work
•
The nature and scale of planned further
work (eg tests for lateral extensions or
depth extensions or large-scale step-out
drilling).
•
Additional metallurgical test work at ANSTO.
•
Permeability test work under WSP co-ordination.
Brazilian Critical Minerals Ltd (ABN: 82 089 221 634)
AUS: Level 28, 140 St Georges Terrace, Perth WA 6000 T +61 8 6383 7820
BRA: Av Jornalista Riccardo Marinho, 360, Sala 113, Barra da Tijuca, Rio de Janeiro T +55 21 2439 57
ASX Announcement
Released 12th March 2025
https://braziliancriticalminerals.com/
Investor Hub: https://braziliancriticalminerals.com/auth/signup
Criteria
JORC code explanation
•
Commentary
Diagrams clearly highlighting the areas of
possible extensions. including the main
geological interpretations and future
drilling areas. provided this information is
not commercially sensitive.
Brazilian Critical Minerals Ltd (ABN: 82 089 221 634)
AUS: Level 28, 140 St Georges Terrace, Perth WA 6000 T +61 8 6383 7820
BRA: Av Jornalista Riccardo Marinho, 360, Sala 113, Barra da Tijuca, Rio de Janeiro T +55 21 2439 57
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