Alvo Minerals Commences Drilling at Bluebush REE Project

THE DRILL SERGEANT: Alvo Minerals (ASX: ALV) announced commencement of drilling at the company’s recently acquired Bluebush REE project in Brazil.

Alvo Minerals is conducting a program of auger drilling focused on testing the depth and lateral extensions of existing mineralisation as well as extensive sampling of saprolite to confirm ionic clay mineralisation.

The projecthas already been subjected to early-stage exploration work by the vendors that confirmed high-grade REEs at shallow levels with values up to 4,500ppm total rare earth oxide (TREO) in alluvials and 2,350ppm TREO in saprolite (clay).

Alvo’s drilling will commence at the Fazendinha, Ferradura and Boa Vista prospects, where previous drilling intercepted REE mineralisation.

“When we listed on the ASX in October 2021 we commenced our maiden diamond-drill program at the Palma VMS project within three days, now we are commencing our maiden auger drill program at the Bluebush REE project within a week of the acquisition,” Alvo Minerals managing director Rob Smakman said in the company’s ASX announcement.

“We haven’t slowed down since IPO and aren’t planning on it.

“The auger drill program is the first phase of due diligence as we test the depth profile of the REE mineralisation hosted in the saprolite (clay) and send samples to the laboratory to confirm Bluebush is a true ionic clay deposit.

“We are confident in the likelihood of the results as Serra Verde to the south is on the same granite formation and exhibits similar characteristics of REE mineralisation identified by the previous owners of Bluebush.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE