
Eminence Minerals begins 2,000m Brazil drilling
- Eminence Minerals has commenced its 2,000-metre auger drilling campaign at the Campo Grande Rare Earth Project in Brazil.
- Following the announcement, the Eminence Minerals share price moved down to $0.049.
- The drilling programme aims to systematically evaluate three priority target corridors to establish geological continuity.
Eminence Minerals (ASX:EMA) has commenced a 2,000-metre drilling programme at its Campo Grande Project.
The campaign follows surface sampling that previously returned rare earth assays of up to 17,346 parts per million.
The planned programme includes up to 72 auger drill holes designed to evaluate three high-priority rare earth corridors.
The company also identified six additional regional scout targets to test clay alterations outside the primary target corridors.
The company stated that the project area directly adjoins rare earth tenements held by Brazilian Rare Earths (ASX:BRE).
Following the announcement, the Eminence Minerals share price was down at $0.049.
The exploration campaign represents the next phase of the company's broader resource evaluation strategy within the region.