Latest Brazil Exploration News

Alvo Minerals has secured A$1 million from strategic and existing investors while reporting broad, near-surface dysprosium and terbium mineralisation at its Bluebush project in Brazil. The results strengthen the exploration story, but metallurgy, permeability and a maiden resource remain ahead.

Gold Mountain expanded its Brazilian rare earths portfolio during FY2026, taking Irajuba beyond its original conceptual target and confirming ionic adsorption clay characteristics at Capivara. The progress came alongside an $8.137 million loss, a $4.798 million impairment charge and continued reliance on equity funding.

Gold Mountain has identified clustered niobium, magnet rare earth and phosphate anomalies across four Araxá prospects after expanding its stream sediment dataset to 515 samples. The results sharpen exploration targets, but the project remains well short of drilling, resource definition or economic assessment.

Alvo Minerals has secured 100% mineral rights over a 575-hectare tenement contiguous with its Bluebush Heavy Rare Earth Element project in Brazil, expanding its footprint along the northern Serra Dourada HREE province and consolidating the Boa Vista prospect area.

Hawk Resources is raising up to $5.87 million through a placement and entitlement offer to fund drilling and soil sampling at its US copper and WA scandium projects. The raise includes a non-renounceable entitlement offer and options issuance, with dilution risks for non-participating shareholders.

Patagonia Lithium has reported strong assay and porosity results from its Formentera project in Argentina, alongside a successful $2.79 million capital raise that lifts its cash position to $3.4 million. The company is advancing drilling, seismic surveys, and plans for a 1,000 tonne lithium carbonate demonstration plant.

Patagonia Lithium reported promising lithium assay results from ongoing drilling in Argentina and has secured a strategic funding partnership to support its next development phase.

PVW Resources advances its Brazilian rare earth projects while pursuing a strategic gold acquisition in the US, streamlining its portfolio to enhance capital efficiency.

Summit Minerals has significantly expanded the soil anomaly footprint at its Equador Niobium Project in Brazil and secured $1.67 million through a placement and fully underwritten rights issue to advance exploration.

Patagonia Lithium Limited has announced a substantial 319% increase in its lithium mineral resource at its Formentera/Cilon project, alongside plans for further drilling and geophysical surveys to bolster resource confidence.

Perpetual Resources has launched a systematic exploration program across its key lithium projects in Brazil, aiming to expand on recent high-grade discoveries and define new drill targets.

Magnum Mining & Exploration has raised $7 million through an oversubscribed placement to accelerate its critical minerals processing hub in Nevada and expand rare earth exploration in Brazil, aligning with US strategic priorities.