Magnes reports a selected 10 m interval from surface at approximately 0.97% TREO
The 16 June 2026 update brought the reported assay record to 297 drill holes. Selected interval MAV_AD_0200 returned 10 metres from surface at 9,736 ppm TREO (approximately 0.97%) and 2,407 ppm MREO.
What the release reported.
- The 16 June 2026 update brought the reported assay record to 297 drill holes.
- The 16 June 2026 update reported assays from 253 holes and 1,856 metres of original drill-interval samples.
- Selected interval MAV_AD_0200 returned 10 metres from surface at 9,736 ppm TREO (approximately 0.97%) and 2,407 ppm MREO.
The exact release and its place in the chronology.
- Issuer
- Magnes Rare Earths
- Issued headline
- Magnes Rare Earths Reports 10 m From Surface at 0.97% TREO at Minas Americas Rare Earth Project
- Record status
- historical technical record
The 8 September 2026 drilling update expands the reported drilling record to 443 holes and adds the first seven reported RC holes. It is the later controlling technical record in this local website candidate.
Why this result matters.
What changedThe June update reported a selected 10 m interval from surface at approximately 0.97% TREO and length-weighted averages across 253 holes.
Why it mattersWith disclosed length-weighted averages of 3,640 ppm TREO and 800 ppm MREO, the 253-hole dataset provides a broader quantitative basis for geological modelling and future resource work.
What comes nextFurther drilling, geological continuity, resource estimates and representative metallurgy are the next value tests.
Technical review named in the release.
The scientific and technical information in the 16 June 2026 release was reviewed and approved by Leonardo Deringer Fraga, P.Geo., an independent Qualified Person under NI 43-101, EGBC Licence No. 61611.
Assays are head grades. Selected results do not represent the complete dataset. Reported intervals are drilled lengths; true thickness has not been determined. MREO is the analytical sum of Nd2O3 + Pr6O11 + Dy2O3 + Tb4O7, not a recovery or product specification. For the 8 September 2026 results, HREO and MREO overlap through Dy2O3 and Tb4O7 and are not additive.