Latest drilling at AUZ’s Jequie project unearths near-surface intervals of saprolite and clay enriched in TREO Special Report: Neighbouring Gina Rinehart-backed Brazilian Rare Earths in Brazil’s Bahia state is Australian Mines whose latest round of auger drilling has interested near-surface intervals of saprolite and clay rich with rare earths 500.6m drilling campaign was conducted across two priority REE-in-soil targets delivering results such as 15m at 1720ppm total rare earth oxides Around 69% of the assays returned TREO values greater than 400ppm and a depletion of cerium a strong indication that the REE enrichment is likely related to ionic clay adsorption Australian Mines (ASX:AUZ) has earmarked the targets for follow-up exploration to expand the known footprint of TREO enrichment namely at the North Dário Meira  Eluvial and South Dário Meira Eluvial areas The company acquired the Jequie project in December 2023 to expose shareholders to additional opportunities in the battery metals space with the potential for Tier-1 critical mineral discoveries While the company first acquired the ~826km2 Jequie project on its proximity to BRE’s Rocha de Rocha and a large 25km long thorium anomaly – a common signpost for REE mineralisation – site visits have subsequently uncovered the right ingredients for charnockites leucogranites and weathered clay and saprolite profiles AUZ expanded its holding in the region by acquiring 17 new tenements comprising ~510km2 (51,000ha) making AUZ one of its largest tenement holders Australian Mines intends to complete additional exploration programs at Jequie which may comprise geological mapping Metallurgical test work may also be completed to form a better understanding of the exploration potential the company nearly doubled its scandium resource at the Flemington project in New South Wales placing the company at the centre of Aussie hopes to become a new source of the rare but critical metal The project’s estimated inventory has lifted from 3.7Mt at 458 ppm to 6.3Mt at 446 ppm (300ppm cut-off) with an impressive 98% of that classified as measured and indicated That classification means drilling has been conducted with enough density to include the resources in a future mine plan 90% of the resource is located within 50m at surface presenting a compelling development opportunity for the company at a time when rising demand and Chinese control over the critical mineral (around 80% of global supply) has shone the spotlight onto Aussie production This article was developed in collaboration with Australian Mines a Stockhead advertiser at the time of publishing This article does not constitute financial product advice You should consider obtaining independent advice before making any financial decisions Investor Guide: Critical Minerals 2025 featuring Barry FitzGerald Get the latest breaking news and stocks straight to your inbox company profiles and industry insights from Australia’s best business journalists – all collated and delivered straight to your inbox every day The requested URL was not found on this server é mais uma das instituições de ensino a fazer parte das empresas credenciadas à Força Invicta O colégio está ofertando descontos de até 42% nas mensalidades escolares A concessão do benefício é exclusiva para associados(as) e funcionários(as) da Associação Mais informações sobre o colégio, acesse https://colegioideiaba.com.br/ ou ligue (73) 3525-2836 are steroids and testosterone the same thing (Renate) Horário de Funcionamento: 08:00h às 17:00h Telefone e WhatsApp: +55 71 3043-0574 © 2025 TEZ NEWS All rights reserved SAM Lote A Bloco B - Edifício Sede do Detran/DF CEP 70.620-000 Central de Atendimento ao Cidadão: 154 (para quem está no DF) ou 0800 644 0154 (para quem está fora do DF) Australian Mines (ASX:AUZ) has uncovered a second exploration target that is considered prospective for niobium and rare earths at the Jequie Rare Earth Project within the Bahia state The $19.21 million market capitalisation company reports an airborne radiometric thorium anomaly is 12km in length and 2.5km in width.  Rock chip and soil samples have been collected from different outcrops and areas that lie on the Jequie project area and will be analysed with a Laser Induced Breakdown Spectroscopy (LIBS) device.  which have been above-background results for rare earths will be sent to a commercial laboratory for assaying Results are expected to be returned in about 40 to 60 days.  Australian Mines says given the ‘encouraging’ results from the initial reconnaissance program so far the company is progressing surface soil and outcrop rock chip sampling to prioritise this target to a drill-ready status Chief Executive Officer (CEO) Andrew Nesbitt says: “The target has the geological setting to potentially host significant rare earth element mineralisation and we are looking forward to the next phase of exploration.” Australian Mines’ share price spiked 35.29% to $0.023 as of 11.55am AEDT Australian Mines is a mineral explorer focused on battery and critical minerals in Australia.  the company had $3.861 million cash and cash equivalents at hand These amounts do not include the second tranche placement of $934,892 which was received in January 2024 Write to Aaliyah Rogan at Mining.com.au       Unico Silver makes ‘multiple new discoveries’ at Cerro Leon Unico Silver (ASX:USL) says the final results from phase-two diamond drilling at.. Dateline Resources pursues OTCQB listing in US North Bay advances gold production optimisation  Gilded market: Has jewellery demand lost lustre? ASX ends winning streak as energy sector... Critica readies to drill satellite rare earths... Metro on track to hit 2025 bauxite... ASX shifts down a gear Stay Informed on up-to-the-minute mining news Get the best articles straight to your inbox ASX ends winning streak as energy sector tumbles05 May Military Metals discusses antimony exploration in Slovakia05 May Unico Silver makes ‘multiple new discoveries’ at Cerro Leon05 May Critica readies to drill satellite rare earths targets    05 May By 2024-12-21T07:00:00+00:00 BRAZIL: Formal consultation on a proposal to alter the planned route of the third stage of the Ferrovia de Integração Oeste-Leste project so that it connects directly with the Ferrovia de Integraçao Centro-Oeste scheme is to start at the end of January 2025 Announcing this in an interview with Folha de São Paulo Director General of national land transportation agency ANTT Rafael Vitale said that the proposal would see the final section of FIOL altered so that it ran southwest from Barreiras to Mara Rosa rather than directly west to Figueirópolis Mara Rosa is the starting point of the first phase of the FICO project to Água Boa in Mato Grosso Both Figueirópolis and Mara Rosa are located on Ferrovia Norte Sul which joins São Paulo state in the south with Maranhão state in northern Brazil It is understood that the Ministry of Transport has already begun economic and technical feasibility studies for the revised route ‘This change seeks to integrate the two railways more efficiently and boost investments Discussions are reported to be in progress for mining company Vale to take on the project BRAZIL: The Ministry of Transport has issued a directive to Infra SA to accelerate the licensing process for strategic rail projects Signed by the National Secretariat for Rail Transport and the Secretariat of Sustainability this provides for the federal government to take over the environmental licensing .. BRAZIL: Following a series of technical site visits in November representatives of national land transportation agency ANTT announced that they expected the Ferrovia de Integraçao Centro-Oeste (Central West Integration Railway) project to be 32% complete by the end of 2024 Government efforts to inject fresh impetus into the rail business and increase its share of the freight market continue but reliance is being placed on the private sector to fund new projects Site powered by Webvision Cloud 04 Feb 2025 22:15:00 GMT?.css-1txiau5-AnswerContainer{color:var(--GlobalColorScheme-Text-secondaryText2);}Colo Colo FR vs Barcelona de Ilheus on Tue Predicted lineups are available for the match a few days in advance while the actual lineup will be available about an hour ahead of the match Have scored 3 goals in their last 5 matches Have kept the most clean sheets in the competition (4) Who won between Colo Colo FR and Barcelona de Ilheus on Tue 04 Feb 2025 22:15:00 GMT?Colo Colo FR vs Barcelona de Ilheus on Tue 04 Feb 2025 22:15:00 GMT ended in a 2–2 tie.InsightsHave scored 3 goals in their last 5 matches Colo Colo FR is playing home against Barcelona de Ilheus on Tue Australian Mines’ exploration activities at the Jequie project have unearthed some precious targets in Brazil Special Report: Australian Mines has completed a full geological field reconnaissance and remote sensing program at the Jequie North and South target areas only four months after acquiring the tenement package in Brazil Australian Mines’ (ASX:AUZ) Jequie project is in the highly prospective well-endowed neighbourhood of Brazil’s Bahia state home to several large-scale mining operations including the adjacent 510Mt Rocha de Rocha REE project Rocha de Rocha, partly owned by the Gina Rinehart-backed explorer Brazilian Rare Earths (ASX:BRE), holds an exploration target of 8-12bt at 1000-1500ppm total rare earth oxides (TREO) over some 1,410km2 of mining claims Exploration across AUZ’s ~826km2 of ground has so far unearthed the right ingredients for charnockites leading the explorer to expand its holding further with 17 new tenements making it one of the largest landholders in the region A recent geological field reconnaissance and remote sensing program has turned up more hard rock boulder outcrops and surface saprolite clay systems successfully identifying two high-priority areas (Jequie North and Jequie South) and multiple targets for immediate follow up This work has been carried out on what it considers to be the best 10% of its tenement positions in terms of REE prospectivity The explorer is planning to follow up both areas with focused geochemical programs (stream sediments and/or soil line sampling) for the topography and regolith being evaluated “We have made great progress over a very short time with our disciplined and systematic approach to exploring our large tenement position in this rapidly emerging world class REE district,” AUZ CEO Andrew Nesbitt says “With this approach we have been able to reduce and focus our search space into what we consider the most prospective tenements and now intend to test multiple priority targets within these areas defined by our Jequie North and South projects.” Both projects and associated targets have been prioritised based on enhanced measured outcrop radioactivity associated with favourable host rock lithologies (leucogranites and charnockites) These rocks are coincident with elevated airborne thorium anomalies AUZ intends to carry out ~24 km of soil traverses with individual samples dug at 50m intervals along the traverses exploration at Jequie South will start with a stream sediment program consisting of 35-40 stream sediments sample a total of 43 of the 72 licences or licences submitted for exploration status have now been granted AUZ expects the remaining areas will be approved shortly This website uses cookies to enhance your experience. Read our WAMU Privacy Notice This website uses cookies so that we can provide you with the best user experience possible Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings we will not be able to save your preferences This means that every time you visit this website you will need to enable or disable cookies again Australian Mines’ new high priority target has outcropping charnockite and saprolite clays that could host several different types of REE mineralisation Special Report: Preliminary exploration work at Australian Mines’ Jequie rare earths project in Brazil’s Bahia state has identified a high-priority target for follow-up exploration The ~826km2 Jequie project is immediately adjacent to the 510Mt Rocha de Rocha rare earths project – comparable to the world’s biggest non-Chinese rare earth clay project at Serra Verde – that is operated by the Gina Rinehart-backed explorer Brazilian Rare Earths (ASX:BRE) REE mineralisation in this region can typically be found in three mineralisation models: Jequie is also expected to benefit from associated complementary infrastructure of sealed roads access to clean hydropower and a major deep-water port less than 200km away Australian Mines (ASX:AUZ) acquired both Jequie and the Resende lithium project in the Minas Gerais State in December last year as part of a “reset” into a battery metals-focused company the company will be renamed EcoMetal Resources The revitalised company will have an exciting target to pursue at Jequie in the form of the new target which comprises: field testing with a portable scintillometer returned positive readings for the presence of potential REE-bearing minerals in outcrop “We are very pleased to have rapidly identified and ground-truthed such a high priority target,” AUZ chief executive officer Andrew Nesbitt said “The target has all the ingredients to contain a significant rare earth element resource Given the highly encouraging results from its initial reconnaissance work AUZ plans to rapidly progress surface soil and outcrop rock-chip sampling to prioritise targeting thick weathered saprolite and saprolite clay horizons for auger drill testing Brazil’s critical minerals exploration proved irresistible to Australian Mines Junior explorers differ from their larger counterparts in several ways but one of the key differences is the ability to (almost) turn on a dime and embrace new opportunities if needed This is exactly the approach Australian Mines (ASX:AUZ) adopted when it became clear its Sconi project – while a solid low-risk nickel-cobalt play in Australia – would struggle to pass the necessary development hurdles in a depressed nickel market So when the opportunity arose in late 2023 to acquire two critical mineral projects in Brazil from a local vendor the company wasted no time picking up the Jequie ionic clay-hosted rare earths-niobium project as well as the Resende lithium project “We are a junior mining company and we have to keep current and new investors excited about what we do and the potential of our projects,” AUZ chief executive officer Andrew Nesbitt said He added that acquiring the new projects also exposed its shareholders to additional opportunities with the potential to host Tier 1 critical mineral discoveries To further underscore the company’s shift in focus AUZ plans to change its name to EcoMetal Resources to reflect its increased exposure to battery metals AUZ’s decision to pick up the Brazilian projects is based on several solid reasons Brazil is a relatively stable mining jurisdiction that is home to some of the largest mines in the world It has also been steadily building a reputation as one of the hottest addresses for critical minerals exploration with plenty of juniors snapping up ground prospective for rare earths and lithium And it is this environment that helped the company acquire the Jequie rare earth-niobium project in the state of Bahia in north-east Brazil and the Resende lithium project within the Sao Joao del Rey pegmatite province from the vendor for $1.14m consisting of $150,000 in cash and 90,000,000 AUZ shares The ~826km2 Jequie project is immediately adjacent to the Gina Rinehart-backed Brazilian Rare Earths’ (ASX:BRE) 510Mt Rocha de Rocha rare earths project while Resende is just 17km to the east of AMG Lithium’s producing Mibra spodumene mine which has been in operation since 1945 Nesbitt said nearology was one of the factors used by the company to make its purchase decision though the thorium anomalies – a pathfinder for REE mineralisation – also played a significant role for Jequie all we really had was nearology and a large we started to see the right ingredients for proper mineralisation – chalconites the company has only looked at ~20% of total tenement package – and even that 20% coverage has a lot of holes but it is proof that we have managed to get on the ground package samples to send for assay and hopefully they come back successful,” Nesbitt said Having Rinehart involved in the neighbouring project also brings several advantages you don’t have to spend the first 20 minutes of speaking to somebody convincing them it is a relatively easy place to operate because she has kind of given it the tick of approval,” Nesbitt said “It is the confidence that if she is willing to get involved in something there does reduce the risk on the transactions.” While both Brazilian projects have tremendous potential to deliver rich rewards AUZ has chosen to focus on Jequie initially – and for some very good reasons Besides the large thorium anomaly and proximity to Rocha de Rocha Jequie has the ability to quickly add value for the company my take is that I can go to the Jequie project and do a relatively easy exploration program in terms of sampling followed by drilling and putting the resource on the board,” he noted then we would still have to do risk exploration because we can’t see the mineralisation mining of ionic adsorption clay type REE is easy and if you can concentrate them correctly That’s not to say that Resende is a distant second is a chemical company not known for its exploration chops we can see deep seat conduits for igneous type flows and on surface you can see a whole lot of pegmatites,” he said “And while they are not as developed as we would have liked to see the regolith is different compared to the operating mine “The fact that there is a different regolith has hidden any potential pegmatites that do contain lithium We are confident that there is something there He added that while Resende is a secondary project people typically invest in juniors because they are dynamic Despite the company’s focus on its Brazilian projects, Nesbitt believes the Sconi project can still have its day. “We know the nickel price is in the doldrums, Australian operations are suffering and even in a good market, the Sconi project will always be quite difficult to compete on an economic scale as the capex is significant.” However, he expects the project to have low operating costs once it is in production, though that is not its only advantage. “The advantages of Sconi are that it is Australian, it has been mined before so obviously there is a technical solution, and given Australian mining legislation and the different processes, it is a project that you really can stamp a date on when first production will occur once you decide to proceed,” Nesbitt said. “It is a simple concept, it is extremely levered to the nickel price, so any improvement to the nickel price will allow it to react more than other projects. “In the meantime, we will carry on de-risking things like time to production.” At Stockhead we tell it like it is. While Australian Mines is a Stockhead advertiser, it did not sponsor this article. Get the latest breaking news and stocks straight to your inbox. Markets coverage, company profiles and industry insights from Australia’s best business journalists – all collated and delivered straight to your inbox every day. the state of Bahia began building the first section of the Gas Southwest pipeline which will be one of the largest pipelines in the interior of Brazil Most of the natural gas distribution network of 5,840 miles (9,400 km) Despite all the expectations regarding the pipeline the country still has a scarce transportation network which makes it difficult for more product to emerge without the construction of more distribution networks Even with the entry of Gasene and the Brazil-Bolivia Gas Pipeline (Gasbol) the Brazilian network is still considered minimal when compared to other countries According to the business plan of Bahiagás the company will invest $672 million in the next five years not only to expand natural gas distribution infrastructure but also to develop new business modernization and expansion of the company’s facilities This project emerges as an important source of supply for residences and businesses and will help meet demand from the nation’s industrial region which still uses diesel to feed machinery at small and medium operations the acquisition of diesel fuel accounts for 20% of the costs of the factories in Brazil the conversion to natural gas could represent a reduction of 30% to 40% in fuel costs for these companies With a total planned investment of $100 million the Southwest Gas pipeline will extend 190 miles (306 km) becoming the second-largest in the country connecting municipalities from Ipiaú to Brumado with its three phases $28.5 million is being invested to serve the municipalities of Ipiaú Work on the second 53-mile (85-km) section will begin in July and involve an investment of $38 million and traverse Jequié an 84-mile (135-km) section that will begin in September includes a $75 million investment and will serve the municipalities of Iramaia The pipeline construction should be completed in 18 months with an in-service date expected in 2021. It will help satisfy demand for a market estimated to use 460,000 cm/d. Additionally, the pipeline will connect 40,000 new customers throughout the state of Bahia The project will have a fundamental role in supplying industries in the region primarily those in the food and textile sectors but also include the enormous demand potential from residential Bahiagás launched tenders for various services and four companies were contracted The construction company affirms construction faces some challenges due to the topography of some areas along the route including the presence of large amounts of rock One of our administrators will review your comment before posting it onto the website Gold Mountain (ASX:GMN) is on the verge of a potential partnership with state-owned Indústrias Nucleares do Brasil (INB) as it begins uranium exploration across its clay-hosted rare earth elements (REE) tenements in Brazil The $8.6 million market capitalisation company says it has communicated with the Agência Nacional de Mineração (ANM) and will agree to carry out uranium exploration.  the agreement with the INB will be entered into as is required for the development of any uranium resources in Brazil.   taking away full control of uranium mining from INB INB maintains the monopoly over ‘nuclear minerals and their concentrates yet it can delegate specific activities to private companies development of technologies for the use of uranium as well as building and operating installations for the treatment and improvement of nuclear minerals.    The company has amassed a land position over 970km-square including 51 granted tenements and 11 applications in the ‘highly prospective’ Jequié REE province.  Exploration has begun following ‘encouraging’ pegging activities by neighbour Brazilian Rare Earths (ASX:BRE) who have taken areas with thorium responses along structural strike from Gold Mountain tenements that cover ‘high order’ thorium anomalies to the north of and southwest of Amargosa while there is no guarantee Gold Mountain will have similar levels of results as achieved by Brazilian Rare Earths the company notes they will assist in forming a basis for planned and targeted exploration Gold Mountain is in the process of undertaking desktop studies of geomorphology and satellite imagery interpretation to begin followed by aircore drilling Satellite imagery interpretation has been designed to define the iron caps on the tops of fully preserved weathering profiles and a quote for the specialist imagery interpreter is expected before the end of this week.   The company is in the process of setting up a local base to facilitate a full time dedicated team to fast-track exploration at the Down Under REE Project.   Gold Mountain is a mineral explorer with projects in Brazil and Papua New Guinea which are considered ‘highly prospective’ for a range of metals including REEs Write to Adam Drought at Mining.com.au AUZ’s exploration work in Brazil is aimed at identifying targets within both projects Special Report: Australian Mines has kicked off Phase 2 exploration at its Brazilian critical minerals projects to identify additional priority targets ahead of an expected drill program Australian Mines’ (ASX:AUZ) Jequie project is in Brazil’s Bahia state – a government-friendly jurisdiction with several large-scale mining operations in the vicinity and adjacent to the Gina Rinehart-backed Brazilian Rare Earths’ (ASX:BRE) 510Mt Rocha de Rocha REE project The company expects Jequie to benefit from the associated infrastructure in terms of sealed roads AUZ’s lithium project in the Minas Gerais state is just 17km east of AMG Lithium’s Mibra spodumene mine – one of the longest-running in the world as it has been in operation since 1945 Exploration activities at Jequie will aim to progress a 30km x 2.5km airborne radiometric thorium anomaly prospective for ionic adsorption REE deposits to a drill-ready stage newly identified desktop targets within Jequie and tenements not previously reviewed will be ground-truthed to identify additional targets for follow-up AUZ managing director Andrew Nesbitt says that a very limited portion of 826km2 within the Jequie project has even been looked at “This programme has the potential to identify additional priority targets and we are very encouraged about the target previously announced and look forward to developing this target further while waiting for the sample assay results,” he says a stream sediment sampling program will be completed to identify additional targets for follow-up Australian Mines (ASX:AUZ) has ‘significantly’ increased its rare earths exploration footprint with 17 new tenements comprising 51,000 hectares in the state of Bahia The tenements sit in the ‘highly prospective’ rare earth complex of Bahia which is considered to be prospective for ionic absorption clay deposits and hard rock deposits containing rare earths and niobium.  Chief Executive Officer (CEO) Andrew Nesbitt says the company is ‘delighted’ to have significantly increased its land position as well as the strategy to acquire these tenements.  The company is set to begin initial exploration at the new tenements this week which has a market capitalisation of $10.65 million,now holds 131,000 hectares making it one of the ‘largest’ tenement holders in the region The Jequie Rare Earth Project lies within the state of Bahia and comprises 45 mineral right claims covering 82,568 hectares a tectono-structural block of the northeastern Sao Francisco craton.  Australian Mines is focused on battery materials including nickel Australian Mines notes that this does not include the second tranche of the placement — $934,892 — which was received in January 2024 Write to Aaliyah Rogan at Mining.com.au    Australian Mines (ASX:AUZ) has expanded its foothold in Brazil after executing an agreement to add 2 ‘highly prospective’ rare earth/niobium and lithium projects to its portfolio.  The company is set to purchase the Jequie Rare Earth Project and Resende Lithium Project through a binding agreement with local group RTB Geologica E Mineracao LTDA.  Australian Mines has flagged its plans to seek shareholder approval for a name change to EcoMetal Resources which has a $9.8 million market capitalisation says Jequie and Resende sit in Bahia and the ‘Lithium Valley’ within the state of Minas Gerais Australian Mines will pay $1.14 million to RTB Geologica E Mineracao LTDA — a cash payment of $150,000 and the issue of 90 million Australian Mines shares at a deemed price of $0.011 per share.  The company has the right to acquire the licences by paying $50,000 within 5-days of executing the term sheet.  Closing of the acquisition is subject to several conditions precedent that must be completed by the end of February 2024 Australian Mines announces it has accepted firm commitments from investors as part of an equity placement of $2.5 million The company is now well-funded to expedite exploration in Brazil The company says the placement was managed by GBA Capital and resulted in bids in excess of the $2.5 million on offer GBA Capital is expected to receive 6% of the gross amount raised under the capital raising and 20 million lead manager options.  Over 227 million new fully paid ordinary shares will be issued at $0.011 per share — a 21.4% discount to the company’s last trading price of $0.014 The shares also include a one-for-2 free attaching option at a strike price of $0.022 and an expiry date of 3 years from the date of issue.  Australian Mines notes the new Brazilian projects transform it into a company that offers its investors exposure to a diversified portfolio of battery metals.  The company reports pegmatites and occurrences of lithium indicator minerals have been flagged within both licences No previous exploration for lithium has been undertaken on either licence.   Australian Mines Chief Executive Officer (CEO) Andrew Nesbitt says the company will continue to derisk its Sconi Project in preparation for reaching production as well as search for a strategic player as part of its plans to form a collaborative partnership.   “Getting on-site to commence work as soon as possible on these very prospective Brazilian assets is a priority.  Leveraging the geological and regulatory skills and knowledge of our local Brazilian vendor will hopefully result not only in a top-tier discovery but positive news flow in the short-term.” “Leveraging the geological and regulatory skills and knowledge of our local Brazilian vendor will hopefully result not only in a top-tier discovery but positive news flow in the short-term” The Jequie Project comprises 45 mineral right claims covering a total aggregate landholding of 82,568 hectares while the Resende Project comprises 8 mineral right claims with total aggregate landholding of 13,314 hectares.  Australian Mines is focused on decarbonising and electrifying the world through the development of sustainably and ethically sourced battery materials in Australia.  the company had $3.217 million cash and cash equivalents at hand This website is using a security service to protect itself from online attacks The action you just performed triggered the security solution There are several actions that could trigger this block including submitting a certain word or phrase You can email the site owner to let them know you were blocked Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page.