1,853 ppm MREO
1,853 ppm MREO in MAV_RC_0063, from surface.
Magnes Rare Earths · Minas Gerais, Brazil
Rare-earth exploration.
Grounded in evidence.
Magnes Rare Earths is advancing the exploration-stage Minas Americas project in Minas Gerais, Brazil.
MAV_RC_0063 returned 30 metres from surface at 1,853 ppm MREO. Selected cumulative auger profiles include 8 metres at 2,194 ppm MREO in MAV_AD_0691 and 11 metres at 2,179 ppm MREO in MAV_AD_0639. Read the 6 October 2026 results.
879 holes in the combined assay compilation 7,468.8 m assayed
Exploration stage · Head-grade drilled intervals · True thickness, recovery, mineral resources and economics have not been established
Latest drilling evidence
879 holes. A growing evidence base. The next tests are clear.
Broad intervals beginning at surface and the magnet- and heavy-rare-earth mix strengthen the basis for further exploration and process testing, not a resource or economic conclusion. It also sharpens the work still required on continuity, recovery and economics.
2,194 ppm MREO
from surface, with 2,194 ppm MREO.
HREO over 30 m
Including 60 ppm DyTb in MAV_RC_0063.
compiled holes
7,468.8 m of combined compiled assay drilling.
bench-scale results
Reporting of the SGS bench-scale metallurgical results is the next milestone, following reconciliation and technical review.
Exploration-stage project. Selected head-grade drilled intervals, not recovered grades. True widths and continuity between holes are not established. Nested intervals are included, not additional metres. MREO and HREO overlap through DyTb and must not be added. No mineral resource, reserve, commercial recovery or economic result is established.
Field programme · Minas Americas
Drilling recorded through
More than 12,000 metres drilled in 2026.
Magnes is advancing the field programme at Minas Americas, with more than 12,000 metres drilled during 2026—a measure of drilling activity, separate from the assay results published to date.
The next step is to turn fieldwork into checked geological and assay data. Drilling metres alone do not establish mineralisation, continuity, a mineral resource or economic viability.
Drilling progress is not the published assay total.
The 6 October 2026 release reports 879 holes and 7,468.8 m assayed cumulatively. Physical drilling and this dated assay population are different measures.
Read the published assay results
Research & Insights
Follow the wider rare-earth picture.
· 12 minute read
China’s rare-earth paradox
China’s processing position and its domestic resources are different questions. Dysprosium and terbium show why import use is not, by itself, proof of a current national shortage.
Read the analysis· 18 minute read
Serra Verde / Pela Ema: What the Public Record Implies About MREO Output per Tonne of Ore Processed
A source-linked reconstruction finds approximately 76 g of MREO in recorded output per reported tonne processed, while showing why recovery and PLS grade remain unproven.
Read the analysis· 12 minute read
The Conditional 4-Gram Microduck Estimate: How Robotics Could Reshape Rare-Earth Demand
A transparent NdFeB-analogue screen turns a tiny 15-motor robot into a much larger question about physical AI and magnet demand.
Read the analysisMagnes-authored analysis based on public sources and stated assumptions. Research articles are distinct from company announcements and technical disclosure for Minas Americas.
Conceptual material-to-application illustration. Intermediate processing is not shown; this is not a Magnes flowsheet or equipment photograph.
Assay record through 25 September 2026
A growing record of evidence.
The combined compilation now covers 879 holes and 7,468.8 assayed metres. Follow the selected results and the next SGS bench-scale reporting milestone. Head grades are not recovered grades; the compilation includes prior results and partial assay coverage.
Apple Serena · British female AI narration · Captioned film
Founder execution
Built from zero. Financed with discipline. Proven through cycles.
Magnes Founder & CEO Cristiano Veloso previously built and led the platform that became Verde from exploration through production and industrial scale.
Explore the founder track record- C$880M+
- Two-cycle market-cap expansion
- C$151M+
- Gross capital accessed since inception
- C$80.3M
- Record FY2022 revenue
- 3.0 Mtpa
- Reported installed production capacity
Historical Amazon Mining/Verde outcomes under Cristiano Veloso's leadership—not Magnes results. Market-cap expansion is illustrative, not realised investor returns; capital is a gross cumulative financing measure, not current liquidity.
Minas Americas project chronology
HISTORICAL CHAPTER · 8 SEPTEMBER 2026
The September chronology reconciles 297 previously reported holes with 146 additional holes and 1,299 assayed metres, taking the cumulative reported total at that date to 443 holes and 3,628.8 metres.
Read this dated disclosure
Next evidence milestone
From exploration grades to SGS process-development results.
Reporting of the SGS bench-scale results is the next milestone, after results reconciliation and technical review.
- 01 · COMPILED EVIDENCE25 SEPTEMBER CUTOFF
879 assay holes
The combined assay compilation covers 879 holes and 7,468.8 assayed metres at the 25 September 2026 cutoff. It includes prior results and complete or partial assay coverage; it is not all-new drilling or gross physical drilling.
- 02 · NEXT MILESTONEAFTER RECONCILIATION + REVIEW
SGS bench-scale results
SGS bench work covers seven geological samples from four auger holes plus one quality-control duplicate. Leach liquor, two separately analysed washes and residue were tested.
- 03 · PROCESS DEVELOPMENTRESULT-DEPENDENT
Extraction, impurities and mass balance
Assess the feed, leach liquor, separate washes and residue alongside reagent and filtration records to guide the next work.
- 04 · LATER EVIDENCE GATESNO NEW DATE PROMISED
Resource, product and economics
Further exploration, representative metallurgy and engineering must support any subsequent resource, product or economic conclusions.
No numerical results from this programme are disclosed here. An optimised flowsheet and commercial recovery have not been established; timing and outcomes are not guaranteed.
Investor resources
Start with the presentation, the latest result or a conversation.
The October 2026 presentation brings the investment case, drilling record, technical evidence, leadership, risks and forward catalysts into one institutional package.
Keep following
Follow the results that matter next.
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