EXPLORATION & DEVELOPMENT

Viridis shares go volcanic after thick REE hits

SHARES in Brazil-focused Viridis Mining and Minerals went volcanic this morning after the explorer reported its third-best intercept yet, with the company claiming its Colossus project could become the highest-grade ionic clay rare earth deposit globally.

 Colossus

Colossus

It's a tall claim in what is a rapidly evolving space, especially outside China, but the explorer said drilling across its Fazenda and Cupim South prospects have it confident it is sitting on a world-class...

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