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Oceana takes Brazil rare earth project into decisive resource drilling
9:56am on Wednesday 28th of October, 2026 AEDT
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Mining
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Oceana takes Brazil rare earth project into decisive resource drilling
9:56am on Wednesday 28th of October, 2026 AEDT
Key Points
20,000-metre, four-rig drilling program focused on an initial resource
Historic results include 114m at 2.3% TREO and 50m at 4.0% TREO
Serra Negra is a roughly 10-kilometre carbonatite system in Minas Gerais
Oceana reports approximately A$16.5 million in cash and no debt before ongoing costs
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