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Axel REE Expands Brazilian Footprint with New Licences and Drilling Program
9:03am on Friday 17th of October, 2025 AEDT
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Mining
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Axel REE Expands Brazilian Footprint with New Licences and Drilling Program
9:03am on Friday 17th of October, 2025 AEDT
Key Points
Three new contiguous licences totaling 867 hectares granted in Lithium Valley, Brazil
Licences share geological setting with existing 233Mt REE and 100Mt gallium resources
49-hole auger drilling program commencing to delineate additional mineralisation
Licence transfer process underway with no impact on exploration activities
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