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This morning we announced the completion of our maiden shallow due diligence drilling program at the Raptor REE Project in Brazil. Assay results indicate a compelling presence of REEs both at surface and within the shallow saprolite, with all holes ending in mineralisation suggesting substantial potential upside at depth, as is evident at other nearby Caldeira-style clay-hosted REE deposits. Results confirm that REE mineralisation is now evident across all three Raptor Project areas (the Pina Colada, Portao Verde and Pinheirinho prospects). Significantly higher-value Neodymium-Praseodymium rare earths were also confirmed, with individual drill holes showing up to 35% Nd+Pr ratios. Hear our Executive Chairman Julian Babarczy discuss 📹

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