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Viridis Drilling Uncovers High-Grade Rare Earths, Boosting Resource Confidence

9:16am on Tuesday 17th of February, 2026 AEDT Mining
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Viridis Drilling Uncovers High-Grade Rare Earths, Boosting Resource Confidence

9:16am on Tuesday 17th of February, 2026 AEDT
Key Points
  • Infill drilling at Northern Concessions delivers higher-than-expected rare earth grades
  • Exploration extends high-grade magnetic rare earth oxide (MREO) footprint eastwards
  • Resource confidence to improve with Measured classification conversion
  • Definitive Feasibility Study on track for completion by June 2026
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