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Magnum Mining Confirms Breakthrough Ionic Adsorption Clay Rare Earth Discovery in Brazil
9:32am on Thursday 19th of February, 2026 AEDT
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Mining
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Magnum Mining Confirms Breakthrough Ionic Adsorption Clay Rare Earth Discovery in Brazil
9:32am on Thursday 19th of February, 2026 AEDT
Key Points
Ionic Adsorption Clay (IAC) REE mineralisation confirmed at Piracanjuba Prospect
Desorption recoveries up to 75% Total Rare Earth Oxides (TREO) and 94% Magnetic REOs (MREO)
Heavy rare earth elements preferentially recovered, enhancing strategic value
Expansion of auger drilling to delineate lateral extent within an 85km² radiometric anomaly
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MAGNUM MINING AND EXPLORATION (ASX:MGU)
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