Verde AgriTech Reports Initial Rare Earth Drill Results at Minas Americas Global Alliance Project

Key Takeaways

• Verde AgriTech has released assay results from the first three drill holes at its Minas Americas Global Alliance rare earths project in Minas Gerais, Brazil.
• All three holes intersected continuous clay-hosted mineralization from surface, including high-grade TREO and magnetic rare earth oxides.
• Results support the potential for resource expansion and a maiden NI 43-101 mineral resource estimate targeted for Q1 2026.
• The ongoing program includes approximately 200 drill holes planned by February 2026.
• CEO Cristiano Veloso said the drilling validates confidence in the scale and quality of the rare earth discovery.

Verde AgriTech Confirms High-Grade Near-Surface Rare Earth Mineralization

The first three drill holes from the ongoing resource definition program returned continuous, clay-hosted mineralization from surface, consistent with ionic adsorption clay (IAC) style deposits. The campaign began in October 2025, with three rigs operating to test near-surface rare earth oxide (REO) zones and refine targets ahead of an initial mineral resource estimate.

Exploration Highlights

• MAV_AD 002:
  • 14.2 m from surface averaging 6,858 ppm TREO and 1,673 ppm MREO
  • Includes 6.0 m grading 8,013 ppm TREO and 1,941 ppm MREO
• MAV_AD 001:
  • 8.7 m from surface averaging 5,776 ppm TREO and 1,388 ppm MREO
  • Includes 5.0 m at 6,620 ppm TREO
• MAV_AD 003:
  • 12.2 m averaging 2,563 ppm TREO and 484 ppm MREO
  • Includes 6.2 m at 4,543 ppm TREO

The results confirm strong mineralization continuity around trench PT-34, supporting both grade and lateral expansion potential.

“Our initial results from shallow drilling at the Minas Americas Global Alliance project validate our belief in the scale and quality of this rare earth discovery,” said Cristiano Veloso, CEO of Verde AgriTech. “All initial holes intersected continuous mineralization from surface, with strong contributions from high-value magnet rare earths. These results increase our confidence as we advance toward a maiden mineral resource estimate in Q1 2026.”

He added: “Verde AgriTech is uniquely positioned to advance this project alongside our sustainable fertilizer operations, leveraging local infrastructure, teams, and capital to support responsible rare earth development.”

Verde AgriTech Drilling Confirms Continuity Beneath PT-34 Trench

Vertical hole MAV_AD 001, collared approximately 10 meters from PT-34, was designed to test downward continuity. Together with MAV_AD 002, results confirm mineralization extending from surface to depths of at least 8–10 meters.

The trench previously returned 8,615 ppm TREO and 2,182 ppm MREO with low impurities, supporting an IAC-style model. Drill results show comparable grades at shallow depths.

All samples were analyzed by SGS Geosol using ICP-OES and ICP-MS, with QA/QC protocols applied throughout sampling and preparation.

Metallurgical Program Supports IAC-Style Deposit Model

Verde AgriTech previously reported that mild ammonium sulfate leaching returned up to 667 mg/kg desorbable rare earth oxides—including strong recoveries of neodymium, praseodymium, dysprosium, and terbium—while maintaining minimal impurities such as uranium and thorium.

A dedicated metallurgical program is now being prepared, including:

• Composite sample preparation
• Leach optimization
• Multi-stage metallurgical testing for a future Preliminary Economic Assessment (PEA)

Next Steps Toward Resource Definition

The company’s accelerated field program is supported by in-house multidisciplinary teams, owned drill rigs, regional infrastructure, and established operational capacity in Minas Gerais.

Upcoming Milestones For Verde AgriTech

• Q1 2026: Maiden NI 43-101 mineral resource estimate
• Q2 2026: Completion of a Preliminary Economic Assessment

These steps will help define the project’s economic potential and expected development approach.