2024 (GLOBE NEWSWIRE) -- Verde AgriTech Ltd (TSX: “NPK”) (OTCQX: “VNPKF”) (“Verde” or the “Company”) is pleased to announce a maiden mineral resource estimate of 1.35 billion tons at 3,437 ppm of Total Rare Earth Oxides (“TREO”)1 and with 793 ppm of Magnet Rare Earth Oxides (“MREO”)2 for the Man of War Rare Earths Project (“Man of War”) in accordance with NI 43-101 standards the Reasonable Prospects for Eventual Economic Extraction (“RPEE”) This estimate includes three of Man of War’s targets: Nau de Guerra Bálsamo and Alto da Serra located in São Gotardo The JORC and NI 43-101 compliant resource estimate establishes Man of War as one of the world’s largest rare earths projects This comprehensive analysis underpins the robust economic potential of Man of War as a world-class rare earths project This is based on 1,50 billion tons in-situ resources with 3,430 ppm of TREO and with 791 ppm of MREO The difference between the RPEE resource of 1.35 billion and the in-situ resource of 1.50 billion is attributable to the fact that the former is confined within the optimized mathematical pits generated for the RPEE demonstration Below are the highlights of the in-situ resource “The discovery of such a significant rare earth resource in Brazil has the potential to redefine the global supply chain for critical minerals like praseodymium The Man of War Project is poised to become a key contributor to the technologies that drive our modern economy,” celebrated Cristiano Veloso The following table summarizes the in-situ mineral resource estimates at a cut-off grade of 1,000 ppm TREO for each target and the combined total: The resource estimates were prepared in compliance with the JORC 2012 Edition and NI 43-101 standards who acts as the Qualified Person (QP) for this report BNA Mining Solutions is responsible for preparing the final report in compliance with NI 43-101 standards which is expected to be released in approximately 45 days The exploration campaign employed diamond drilling to ensure the reliability and precision of the resource estimation process Sampling was conducted at consistent intervals of 1 meter with drill cores carefully stored in labeled plastic bags containing unique identification tags and systematically recorded in a digital database to maintain traceability carried out between April and September 2011 executed by Rede Engenharia e Sondagens S/A (a subsidiary of SGS) and Isoágua Perfurações Especiais Ltda these campaigns drilled 3,539.3 meters across the Nau de Guerra (742.95 meters) The core recovery was calculated for each interval achieving reliable recovery rates that formed the foundation of the geological interpretation and resource modeling The diamond drill cores enabled bulk density measurements and were carefully preserved for future reference During both the historical exploration in 2011 and the ongoing 2024 campaigns Key geotechnical parameters such as Rock Quality Designation (RQD) and degrees of weathering were also recorded These observations were systematically entered into a centralized digital database ensuring consistency and facilitating seamless integration with subsequent analyses Sample preparation followed a rigorous protocol to ensure the integrity and reliability of assay data and geologists revised descriptions before sampling and a quarter was sampled while preserving the remainder for reference Pulverization to 95% passing 150# mesh preceded the extraction of a 10g aliquot for ICP95A/IMS95A analysis of REEs and oxides The project implemented a robust QA/QC program in collaboration with SGS Inter-laboratory checks were conducted with ALS Laboratories cross-verifying assay results with deviations consistently within ±10% of original grades Independent verification included two site visits by Dr who evaluated drilling and sampling procedures These inspections confirmed the reliability of sampling techniques ensuring compliance with JORC 2012 and NI 43-101 standards Estimation and Reporting of Mineral Resources: The mineral resource estimation for the project was carried out using a systematic and robust methodology incorporating historical data and results from the 2011–2012 drilling campaigns conducted by the Verde team were conducted in July and August 2024 to assess site conditions and provide an overall geological overview of the area A block model was developed using Ordinary Kriging (OK) for grade interpolation This approach was chosen due to the log-normal distribution of the sample data Inverse Distance Weighting (IDW3) was applied as a secondary estimation method The estimation employed a sequential search ellipse methodology across four passes with adjustments to the size of the ellipsoid and the number of composite samples and drill holes required for interpolation Block discretization utilized sub-blocking dividing initial 50x50x10-meter blocks into subunits (5x5x2 meters) near mineralized wireframes Variography guided the determination of search ellipse parameters and orientations with radii and azimuth orientations customized for each REE Validation of the block model included statistical comparisons between interpolated grades and composite datasets Histograms and probability plots demonstrated consistency and reliability A cut-off grade of 1,000 ppm TREO was applied informed by comparable projects and the Qualified Person’s experience Dry bulk density values were calculated from 452 diamond drill core samples analyzed using Archimedes’ principle with equipment certified by INMETRO All estimates are reported on a dry tonnage basis All mineral resources have been classified as Inferred reflecting the current state of geological continuity This classification aligns with industry standards and the Qualified Person’s assessment of data reliability For further technical details, the link below provides comprehensive information on the project’s location, geology, and full assay results for all rare earths elements: https://investor.verde.ag/events/investor-presentation-man-of-war-project/ The information in this announcement that relates to exploration results is based on information reviewed PhD in Geology and a Member of the Australian Institute of Geoscientists (MAIG) brings over 25 years of experience in mineral exploration His expertise spans the origin of mineralization and ore precipitation mechanisms across various geological environments Myadzel has extensive experience in fieldwork and petrography of metamorphic rocks and mineral deposits He is also skilled in the preparation of core samples for analysis sedimentology of alluvial and talus sediments and the investigation of primary and secondary lithogeochemical dispersion patterns His laboratory capabilities include transmitted-light microscopy and ore microscopy for petrography and ore mineralogy Myadzel is a recognized Competent Person (CP) under the JORC Code and a Qualified Person (QP) under Canada’s NI 43-101 standards He will serve as the Qualified Person for Mineral Resource estimation Verde AgriTech is dedicated to advancing sustainable agriculture through the innovation of specialty multi-nutrient potassium fertilizers Our mission is to increase agricultural productivity and significantly contribute to environmental sustainability we harness proprietary technologies to develop solutions that not only meet the immediate needs of farmers but also address global challenges such as food security and climate change Our commitment to carbon capture and the production of eco-friendly fertilizers underscores our vision for a future where agriculture contributes positively to the health of our planet For more information on how we are leading the way towards sustainable agriculture and climate change mitigation in Brazil, visit our website at https://verde.ag/en/home/ Verde invites you to subscribe for updates you'll receive the latest news about the Company's projects Subscribe at the following link: http://cloud.marketing.verde.ag/InvestorsSubscription Cautionary Language and Forward-Looking Statements All Mineral Reserve and Mineral Resources estimates reported by the Company were estimated in accordance with the Canadian National Instrument 43-101 and the Canadian Institute of Mining and Petroleum Definition Standards (May 10 These standards differ significantly from the requirements of the U.S Mineral Resources which are not Mineral Reserves do not have demonstrated economic viability This document contains "forward-looking information" within the meaning of Canadian securities legislation and "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 referred to herein as "forward-looking statements," are made as of the date of this document Forward-looking statements relate to future events or future performance and reflect current estimates It is important to note that the Man of War project These preliminary results are not definitive indicators of economic viability and further exploration work is required to establish the presence of commercially viable mineral reserves All forward-looking statements are based on the Company’s or its consultants' current beliefs as well as assumptions made and information currently available to them Verde cautions that the foregoing list of factors that may affect future results is not exhaustive When relying on our forward-looking statements to make decisions with respect to Verde investors and others should carefully consider the foregoing factors and other uncertainties and potential events Verde does not undertake to update any forward-looking statement that may be made from time to time by Verde or on our behalf For additional information please contact: Tel: +55 (31) 3245 0205; Email: investor@verde.ag www.verde.ag | www.investor.verde.ag _____________1 Total Rare Earth Oxides (TREO) refers to the sum of the oxides of rare earth elements 2 Magnetic Rare Earth Oxides (MREO) refers to the sum of the oxides of rare earth elements with magnetic properties which include: Praseodymium Oxide (Pr₆O₁₁) 3 See: https://investor.verde.ag/verde-announces-man-of-war-rare-earths-project-spin-off/ O endereço abaixo não existe na globo.com 30 centimetres in diameter and weighing 120 kg is suspended in the main hall of the Zipper Gallery Both ends gradually become dismembered from the main web until their minute thicknesses cling to the walls of the exhibition space three lines drawn across the wall of the gallery insert the work within the planes of the mapped space and in the terrain of control the artist Janaina Mello Landini projects her third solo show at Zipper right now" presents site-specific and canvas works from the Ciclotrama series Ciclotrama is a neologism by the artist to designate the research that she has been developing since 2010 she experiments with the physical tension between threads and the distribution of weights in order to deal with subjects like interconnectivity and interdependence The passage and fixation of time also interest Janaina who seeks to impregnate the work with the long hours dedicated to the acts of weaving and dismembering thus establishing a relation with artisanal practice a Ciclotrama is the sectioning of a continuous and binary cycle a schematic structure with a hierarchical characteristic it is the long action of dividing the whole and its parts until its minimal unit becomes apparent and sustains the whole system as a whole." Janaina's production flows between different scales – from the public space to objects The upper storey of the gallery was reserved for the artist's works on canvas Janaina took as a starting point the imaginary lines (parallel and meridian) of planispheric cylindrical and conical cartographic projections Disregarding the territories that originally occupied the representations the artist creates occupations in this imagined space with ropes that are attached to the canvases and unravel throughout the exhibition space "Ciclotrama is an unpredictable and intuitive act it represents flux and ends up determining a zone The idea in this series of works is to create islands and regions through the relationship between the rope and the cartographic space." Originally from Minas Gerais but based in São Paulo 1974) aggregates her knowledge of architecture physics and mathematics and her perception on time to develop pieces that travel through different scales The labyrinthine architecture has been the central axis of her research in the "Ciclotramas" series made with ropes that break down into minimal threading works in satin that result in the construction of multifocal perspectives Main solo exhibits: "Ciclotrama 27 (medusa)" 2015; "43 visões do Monte Fuji por Artistas Contemporâneos Brasileiros" 2015; "Art for Florence Design Week – 5.0 Edition" Rare earths and titanium testwork has resumed at Resouro’s massive Tiros deposit in Brazil after stellar results in previous rounds Don't miss out on the headlines from Stockhead Followed categories will be added to My News Resouro has started the next phase of metallurgical testwork on ore from its 1.7 billion tonne Tiros Titanium and Rare Earths project This phase follows Resouro’s metallurgical test work partner Altilium achieving the highest known rare earth extractions The upcoming round will inform discussions with offtakers and the Preliminary Economic Assessment Special Report: Resouro Strategic Metals has commissioned Altilium to start the next phase of testwork on ore from its 1.7 billion tonne Tiros titanium and rare earths project The upcoming round is a scaled-up version of the sighter test work completed just a few weeks ago when the metallurgy group achieved the highest known rare earth extractions on Resouro Strategic Metals’ (ASX:RAU) ore The ultimate aim of the testwork program is to achieve maximum extraction of the high value minerals with the world’s lowest environmental footprint from pit to end product sighter testwork establishes whether metals can be extracted easily or not from the ore and is a critical upfront benchmark to prove the concept The results announced in August included 96.2% extraction of the high-value magnetic rare earth elements That was achieved from testwork on 50kg of representative samples taken from Tiros’ high grade and homogenous material making the results the world’s highest known REE extractions on non-selective ore intervals Now a 200kg representative composite sample has been prepared at the project in Brazil’s mining friendly Minas Gerais state to undergo a testwork program in Alitlium’s Brisbane lab Using Altilium’s innovative and patented technology Resouro’s metallurgy partner will focus on the optimisation of leaching parameters and downstream elements over about 30 weeks with updates to be announced as the work progresses This phase of the testwork will include the processing of saleable REE and TiO2 products to be used with potential offtakers Resouro has already received numerous unsolicited enquires from large industrial companies in Asia Europe and North America for TiO2 and REE product and is in preliminary discussions with some of these while exploring markets for other potential saleable elements in the orebody Results from this upcoming phase will allow Resouro to update its financial model for inclusion in the Preliminary Economic Assessment Additional testwork will then be undertaken to determine a final process flow sheet and optimise the leaching conditions Altilium has also started testwork on a 45kg sample already at the lab with the aim of generating residue from the leaching process to produce TiO2 concentrate that can be sent to potential offtakers for that product Among the key benefits of the Altilium’s patented Ti/REE process are that it generates zero waste from a sustainable environmentally friendly closed-circuit leach process director and founder Chris Eager commented: “The initial sighter testwork results provide a proof of concept and indicate that Resouro can achieve high rare earths extraction from Tiros ore The Altilium Ti/REE process has many advantages over conventional leaching and has the potential to produce a clean TiO2 product “This gives us confidence to take the next step of detailed testwork with Altilium Resouro is also continuing to explore conventional leaching a range of other reagents and leaching protocols “We are focussed on finding the optimal leaching method that will provide the most environmentally friendly process with high rare earths and TiO2 recoveries at the lowest cost.” With its aim to progress and further grow Tiros, Resouro has completed the due diligence required to finalise the 100% acquisition of three mineral rights contiguous with the Sao Gotardo block of the project Eager said of the deal: “With this acquisition of the rights totalling 4744 hectares we are consolidating our presence in the highly prospective Capacete Formation “This highly strategic acquisition gives us a greater footprint in a highly prospective area and the contiguous nature of the assets adjacent to Resouro’s Sao Gotardo block could prove highly beneficial in the event of a future discovery.” This article was developed in collaboration with Resouro Strategic Metals 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 Originally published as Resouro follows up record recoveries with new round of Brazilian rare earths testwork $17m capital raising is aimed at advancing exploration and development of its antimony and gold projects in Alaska Redcastle’s Kestrel Lode is the most delineated mineralised zone within the Queen Alexandra project and presents an early cashflow opportunity