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- Next phase of exploration milestone at Campo Grande.
- Up to 72 auger drill holes for ~2,000m planned.
- Six additional regional scout drilling targets identified.
- Additional surface sampling programs to be undertaken concurrently.
Eminence Minerals (ASX:EMA) has kicked off drilling at its high-profile, wholly owned Campo Grande rare earth project in Bahia, Brazil.
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The explorer’s CEO, Anthony Hills, said the beginning of drilling represents a critical advancement in the planned exploration strategy and follows detailed geological assessment and operational planning.
“The commencement of drilling at Campo Grande is a significant milestone for Eminence and represents the beginning of an exciting new phase of exploration for the company,” Mr Hills said today.
“Through extensive geological interpretation, we have defined multiple high-priority rare earth targets that warrant drill testing.
“This maiden drilling program will provide the first opportunity to assess these targets at depth and evaluate their potential scale and continuity.
“Given Campo Grande’s location within an emerging rare earth district in Bahia, we believe the project has the potential to become a significant exploration asset for the company.”
The program has been designed to systematically evaluate three priority target corridors identified from previous exploration activities and to provide the first subsurface assessment of prospective rare earth mineralisation at Campo Grande.
Additional surface sampling programs will be undertaken concurrently to expand geochemical coverage and refine future drill targeting across the broader Campo Grande project area.
Drilling activities are being undertaken by Eco Sondagem, an experienced Brazilian drilling contractor with a strong track record supporting mineral exploration programs throughout the nation.
Eminence’s tenements are positioned within an emerging rare earths district, adjacent to Brazilian Rare Earths (ASX:BRE). BRE has reported high-grade drilling results of up to 45.7% total rare earth oxides (TREO) within the region. Previous reconnaissance surface sampling by Eminence has returned assays of up to 17,346 parts per million (ppm) TREO, including 20% magnet rare earth oxides.
EMA is steady at 5¢. Mkt cap $7.781M.
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