Magnum Mining resumes rare earth exploration in Brazil at Palmares and Azimuth projects after a planned shutdown. Rain initially slowed progress at Palmares, but round-the-clock drilling is expected to increase exploration rates. Samples from Feirinha Prospect show promising rare earth oxide grades, with results anticipated by January-end.

At Azimuth, drilling focuses on Piracanjuba prospect, with auger holes reaching depths of up to 12m. Visual soil characteristics guide drilling to potentially mineral-rich horizons. Results from the first batch of samples are expected at the end of January. Plans to mobilize a second auger rig to accelerate drilling operations.

Magnum Mining’s efforts to advance rare earth exploration in Brazil show promising results at Palmares and Azimuth projects. With increased drilling productivity and focus on high-potential prospects, the company aims to unlock low-cost rare earth element discoveries. Analytical results from sample testing are crucial for evaluating the projects’ potential.

Read more at Yahoo Finance: Magnum Mining advances REE drilling at Palmares and Azimuth in Brazil