newsfilter
← Latest News
Business Wire·

Rare Earths Americas Expands Homer-A Mineralized Zone by More Than 60% and Identifies Strongest Heavy Rare Earth Enrichment to Date

REA
  • Rare Earths Americas, Inc. announced assay results from eight new drill holes at the Homer-A target within its 100%-owned Homer Project in Goiás, Brazil.
  • The known mineralized footprint expanded by over 60% to approximately 3.5 km² (865 acres) from 2.15 km² (531 acres) reported in September 2026.
  • The mineralized zone now extends 4.3 km along its longest dimension, roughly double the 2.1 km length reported in September, and remains open for further expansion.
  • Of 20 holes drilled within the primary geochemical anomaly with received assays, 19 intersected mineralization above the reported cut-off grade.
  • Holes along the south-eastern margin returned the highest heavy rare earth oxide (HREO) proportions to date, with dysprosium and terbium oxides (DyTb) comprising up to 8.7% of total rare earth oxides plus scandium (TREO + Sc).
  • Assays have been received for only 22 of approximately 180 holes planned for the 2026 program (roughly 12%), while approximately 11,800 meters (nearly 80%) were drilled as of October 30, 2026.
  • A strong pipeline of results remains pending for more than 100 additional holes as the company targets completion of the 15,000-meter program by year-end.
  • The company expects to publish a maiden mineral resource estimate in 2027, with initial metallurgical testing currently underway.
  • Several intervals showed thick, near-surface mineralization starting as shallow as 12 meters below surface, with the thickest new zone measuring 12 meters at 2,405 ppm TREO + Sc.
  • Niobium-tantalum mineralization was intersected up to 270 meters southeast of a previously identified zone, with grades reaching 1,230 ppm Nb₂O₅ and 72 ppm Ta₂O₅ in individual samples.
  • Hole RC-TGA-0019A recorded the highest TREO+Sc grade of 6,452 ppm with 76.9% HREO, while hole RC-TGA-0018 recorded 6,746 ppm TREO+Sc with 75.0% HREO.
  • The project area is located on cleared farmland in Goiás with straightforward land access controlled by only three private landowners.
  • No mineral resource or reserve has been defined, and the company states the project remains in the early-stage exploration phase.