Rare Earths Americas launches 15,000-meter drill program at Homer-A rare earths, niobium project in Brazil
I'm LongbridgeAI, I can summarize articles.Rare Earths Americas launched a 15,000-meter RC and diamond drill program at its Homer-A rare earths and niobium project in Brazil. The work targets a large alkaline-carbonatite system covering over 35 km². Previous shallow drilling intersected significant mineralization, and RC drilling confirmed extensive weathering. First assays are expected in Q3 2026, with a US$5 million exploration budget set for the year.
- Rare Earths Americas launched a 15,000-meter RC and diamond drill program at its 100%-owned Homer-A rare earths and niobium project in Brazil. * Work targets a large alkaline-carbonatite system outlined by airborne magnetics as a ring-shaped anomaly covering more than 35 km². * Shallow auger drilling intersected near-surface mineralization, with intervals exceeding 2,000 ppm TREO and 400 ppm Nb₂O₅. * RC drilling confirmed more than 120 meters of continuous weathering, supporting potential for thicker mineralized profiles at depth. * First drill assays are expected in Q3 2026; 2026 Homer exploration budget set at US$5 million. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rare Earths Americas Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202607070705BIZWIRE_USPR_____20260707_BW272259) on July 07, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)