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Alvo Drilling Reveals More Heavy Rare Earths as Bluebush Deal Closes

10:07am on Thursday 8th of October, 2026 AEDT • Mining
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Alvo Drilling Reveals More Heavy Rare Earths as Bluebush Deal Closes

10:07am on Thursday 8th of October, 2026 AEDT
Key Points
  • A$1 million placement at A$0.02 a share, equal to the last close
  • 5 metres at 1,390ppm TREO including 2 metres at 2,040ppm and 123ppm DyTb
  • 448 holes completed across Bluebush, with many auger holes ending in mineralisation
  • Bluebush tenure expands to 9,859 hectares after the definitive purchase contract
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