Alvo Minerals announces key findings

Alvo Minerals (ASX:ALV) has confirmed the presence of ionic adsorption clay-style mineralization at its Ipora Project in Goiás State, Brazil. Recent auger drilling at the Tapir Prospect revealed high-grade rare earth elements, confirmed through metallurgical tests to be hosted in ionic clays. This discovery enhances the project's potential due to the environmentally friendly and cost-effective nature of ionic clays.

Alvo Minerals' strategic exploration outlook

Alvo Minerals has identified significant ionic clay-style mineralization at the Tapir Prospect within the Ipora Project, following extensive drilling and metallurgical testing. The presence of ionic clays is notable for their cost-effective and environmentally friendly extraction of rare earth elements. Alvo will prioritize exploration at the Tapir and Tatu Prospects and plans further mapping and sampling after the wet season in early 2025. The company aims to capitalize on its expertise to explore and develop critical mineral resources in Brazil, positioning itself as a key player in the growing REE market.

Metallurgical insights from Alvo Minerals

Alvo plans to focus future exploration efforts on the Tapir and Tatu Prospects due to initial high-grade findings, while reducing efforts at less promising areas.