Viridis Mining's breakthrough discovery

Viridis Mining and Minerals (ASX:VMM) has announced significant results from its drilling campaign at the Cupim South Mining License in Brazil. The drilling revealed a major intercept of 50 meters at 8,462 parts per million (ppm) Total Rare Earth Oxides (TREO), showcasing the highest-grade and thickest intersection at the site to date.

Viridis Mining's strategic outlook and future plans

Viridis Mining and Minerals (ASX:VMM) has achieved outstanding drilling results at its Cupim South Mining License, part of the Colossus Project in Brazil. These results indicate a robust mineralization trend, with a notable intercept of 50 meters at 8,462 ppm TREO. The geological significance of the site, associated with the Poços De Caldas Alkaline massif complex, highlights its potential for a long-life mine plan. The company is working on upgrading its resource model and plans further drilling to improve resource confidence. Environmental assessments and maiden production of mixed rare earth carbonate are also underway. Viridis aims to be a key player in the rare earth elements market, focusing on sustainable development and regulatory compliance.

Executive insights on Viridis Mining's drilling results

These exceptional results at Cupim South demonstrate the significant potential of the Colossus Project. We are focused on upgrading the resource model and enhancing project economics through strategic exploration and development efforts.