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Brazilian Critical Minerals Limited (ASX:BCM)

ALERT: Price-sensitive ASX Announcement for BCM
Current share price for BCM : $0.040 0.017 (73.91%)+
Announcement
Release
1 Dec 2025 8:22AM
Price at Release
$0.023
Full Release
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Summary
Brazilian Critical Minerals Ltd (BCM) has announced positive results from their extension drilling at the Ema project in Brazil. The results confirm premium grade magnet mineralisation, with significant increases in magnetic rare earths towards the base of the weathered profile, ideal for in-situ leaching. The project demonstrates continuity and predictability in an ionic clay REE system, highlighting the potential for long-term ISR operations. High grades of Neodymium and Praseodymium were noted, reinforcing the economic potential of the lower saprolite zones and supporting the project's transition from exploration to ISR deployment.
Key Points
  • Brazilian Critical Minerals Limited (BCM) reports high magnet grades from extension drilling at the Ema project.
  • Infill and extensional drill results confirm the presence of premium grade magnet mineralisation.
  • The results indicate significant increases in magnetic rare earth oxides (MREO) towards the base of the weathered profile.
  • The Ema project shows continuity and predictability of grades in an ionic clay rare earth element (REE) system.
  • The project is positioned for in-situ recovery (ISR) due to consistent rare earth distribution.
  • Key rare earth elements such as Neodymium (Nd) and Praseodymium (Pr) show high grades in lower saprolite zones.
  • The drilling results are crucial for the project's transition towards ISR deployment and mineral resource conversion.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.