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Core Energy Minerals Ltd (ASX:CR3)

ALERT: Price-sensitive ASX Announcement for CR3
Current share price for CR3 : $0.008 0 (0%)+
Announcement
Release
25 Jun 2026 8:55AM
Price at Release
$0.008
Full Release
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Summary
Core Energy Minerals Limited has announced promising results from their second-phase infill auger drilling at the Tunas Rare Earth Element (REE) Project in Paraná, Brazil. The findings show consistent rare earth element (REE) grades and elevated levels of yttrium, with significant mineralization open at depth, suggesting potential for expansion. Key results include high total rare earth oxide (TREO) concentrations and strong magnet rare earth oxide (MREO) ratios, highlighting the project's strategic potential. The presence of yttrium, a critical mineral, further enhances the project's value. Ongoing tests aim to assess the potential for ionic adsorption clay (IAC) style mineralization, which could significantly increase the project's economic prospects.
Key Points
  • Tunas Project confirms consistent REE grades and elevated yttrium.
  • High TREO and MREO ratios indicate strategic potential.
  • Significant yttrium enrichment further enhances project value.
  • Mineralization remains open at depth, suggesting expansion potential.
  • Ongoing tests to assess ionic adsorption clay (IAC) potential.
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.