Verde AgriTech Ltd. (TSX: NPK | OTCQX: VNPKF) has identified a continuous clay-hosted rare earth element mineralized zone in Brazil covering approximately 5,500 hectares. High-grade NdPr-rich samples returned up to 8,930 ppm TREO and 2,182 ppm MREO, with 22 samples showing over 1,000 ppm MREO. The company is conducting a formal review to determine the next steps for this significant discovery.

The mineralized zone is outlined by integrated geological mapping and sampling, with high-grade magnet rare earth tenor averaging 743 ppm MREO. Dysprosium and terbium, essential for high-performance magnets used in EVs and electronics, are present in high concentrations. The Board of Directors will communicate the project’s future within seven days.

Read more at GlobeNewswire: Verde AgriTech Announces District Scale