- Micro-cap Verde AgriTech (TSX:NPK) delivered its best drillhole to date from its flagship Minas Americas Global Alliance project in Minas Gerais, Brazil, intercepting 13 metres grading 0.83 per cent total rare earth oxides
- Verde AgriTech is a fertilizer producer and rare earth elements exploration company based in Brazil backed by a leadership team with regional expertise
- Verde AgriTech stock has added 73.91 per cent year-over-year but only 66.67 per cent since 2021
Micro-cap Verde AgriTech (TSX:NPK) delivered its best drillhole to date from its flagship Minas Americas Global Alliance project in Minas Gerais, Brazil, intercepting 13 metres (m) grading 0.83 per cent total rare earth oxides (TREO).
Results stem from 24 drillholes spanning a collective 244.7 m at the PT‑34 target. Here are the highlights:
- A top all-time intercept of 13 m (2–15 m) averaging 0.83 per cent TREO and 2,004 ppm (0.20 per cent) magnetic rare earth oxides (MREO), including 8 m (3–11 m) averaging 10,113 ppm (1.01 per cent) TREO and 2,495 ppm (0.25 per cent) MREO.
- Peak grades of 13,453 ppm (1.35 per cent) TREO and 3,836 ppm (0.38 per cent) MREO.
- Strong high‑grade distribution, with 71.2 m (25.4 per cent) returning more than 0.40 per cent TREO, 46 m (16.4 per cent) returning more than 0.60 per cent TREO, 23 m (8.2 per cent) returning more than 0.80 per cent TREO and 8 m (2.9 per cent) returning more than 1 per cent TREO.
- Significant intercepts over 0.4 per cent TREO measuring more than 3 m now span ~1.7 km across PT‑34.
- Total drilling to date stands at 27 drillholes over 279.8 m.
Next steps for the project include follow-up drilling at depth, where drilling remains open, metallurgical testing to validate head grades, on which the aforementioned results are based, with results to cross the wire as they become available.
Leadership expects to deliver a maiden mineral resource estimate for Minas Americas Global Alliance in the first half of 2026, followed by preliminary economic assessment by year-end, to better delineate the value of a high-grade discovery composed of 75 surface and trench samples averaging 743 ppm MREO, including 54/75 grading more than 400 ppm, 22/7 grading more than 1,000 ppm and 7/75 grading more than 1,500 ppm MREO.
Management commentary
“Our first drilling target (PT-34) is already delivering the combination that matters in rare earth discoveries: Shallow thickness, repeated high grades and a magnet‑rich rare earth basket,” Cristiano Veloso, founder and chief executive officer of Verde AgriTech, said in a statement. “With significant intercepts now extending across PT‑34 and multiple drillholes finishing in mineralization, we are prioritizing scale capture. Given the strength of results so far, the board has approved expanding the resource definition footprint and drilling additional metres to better outline the district‑scale potential of the project. Our objective is to define more tons of higher‑quality, magnet‑rich mineralization before finalizing scoping‑level economics.”
“In parallel,” Veloso added, “the board has directed the company to prepare the project’s technical disclosure under Canadian NI 43‑101 and to develop US SEC Regulation S‑K Subpart 1300 (S‑K 1300) aligned disclosure, including a Technical Report Summary as applicable. This dual‑track approach enhances comparability for global investors and preserves strategic flexibility as we advance the project.”
About Verde AgriTech
Verde AgriTech is a fertilizer producer and rare earth elements exploration company based in Brazil backed by a leadership team with regional expertise.
Verde AgriTech stock (TSX:NPK) opened with a gain of 3.90 per cent trading for C$1.60. The stock has added 73.91 per cent year-over-year but only 66.67 per cent since 2021.
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