Brazilian Rare Earths Limited: Exciting Exploration Results from Pelé Target 1 Project
Sydney, Australia, March 26, 2025 – Brazilian Rare Earths Limited (BRE), a leading explorer and developer of rare earth element (REE) projects, is thrilled to share the outcomes of the exploration drilling at their Pelé Target 1 in Bahia, Brazil. The Pelé Project is situated within the Volta do Rio Plutonic Suite, an extensive magmatic system that spans approximately 180 km in Bahia.
Significant Discoveries at Pelé Target 1
The exploration drilling at Pelé Target 1 has revealed several promising discoveries, including:
- Intersections of high-grade REE mineralization, with the highest grade intercept being 3.35% total rare earth oxides (TREO)
- Evidence of a large-scale, near-surface mineralized body, extending over 1.5 km in strike length and 300 m in width
- Confirmation of the continuity of mineralization along strike and at depth
The Volta do Rio Plutonic Suite: A Magmatic System of Opportunity
The Volta do Rio Plutonic Suite, a large-scale magmatic system, provides an excellent setting for the discovery of significant REE deposits. This magmatic system is characterized by:
- A large-scale, well-preserved, and relatively underexplored magmatic system
- Favorable geological conditions for the formation of REE-bearing mineralization
- The presence of multiple known REE deposits and occurrences within the suite
Impact on Individuals and the World
The successful exploration results at Pelé Target 1 by Brazilian Rare Earths Limited have significant implications:
Individual Level
For individuals, this discovery represents an opportunity for future job creation in the mining and processing sectors. The development of the Pelé Project could lead to the establishment of new businesses and industries, providing employment opportunities for local communities and contributing to the economic growth of the region.
Global Level
At the global level, the Pelé Project could contribute to reducing the world’s reliance on China for REE supply. China currently dominates the global market for REEs, accounting for over 80% of the world’s production. Diversifying the global supply chain by developing new REE projects in countries like Brazil is crucial for maintaining a stable and secure supply of these essential elements.
Conclusion
The exploration results at Pelé Target 1 by Brazilian Rare Earths Limited mark an exciting development in the search for new, large-scale REE deposits. The discovery of high-grade REE mineralization within the Volta do Rio Plutonic Suite has significant implications for both individuals and the world. The potential for job creation, economic growth, and the reduction of global reliance on China for REE supply make this development a noteworthy achievement in the mining industry.
