Global MRE increases to 0.71BT REE and 0.6BT gallium
Filed with ASX · · 41 pages · English
Summary by 6ix AI
Axel REE Ltd. has announced an upgraded Mineral Resource Estimate for the Caladão Project, reporting significant increases in both rare earth elements and gallium resources following recent drilling activities at the Woolrich deposit. The company aims to advance its in situ recovery development pathway at Woolrich, which is prioritized for further validation and optimization work. This announcement highlights Axel REE's progress in enhancing its resource base and potential for low-impact extraction methods in Brazil.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Earlier from Axel REE
- 95% Gallium, 74% Scandium Extraction Achieved at Tiger Creek
- Caldas South Identified as New ISR REE Target
- Investor Webinar Presentation
- Axel Validates Ionic REE ISR Development Pathway
- Appointment of Managing Director
Later from Axel REE
- Pocos de Caldas REE Project Supports Fast Tracking Program
- Trading Halt
- Axel Produces its First MREC
- Quarterly Activities/Appendix 5B Cash Flow Report
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