ALV - Alvo Minerals updates progress at Bluebush ionic adsorption clay rare earth project

(NewsDirect)

Alvo Minerals managing director RobSmakman joined Steve Darling from Proactive to provide updates on theongoing drilling program at the Bluebush ionic (adsorption) clay rareearth elements (REE) project in Central Brazil.

Bluebush is strategically situated on thenorthern half of the Serra Dourada granite, which is also the hostrock for the Serra Verde ionic clay REE deposit. Notably, Serra Verdeis currently the only ionic clay project outside of China that is inthe commissioning phase.

Smakmaninformed Proactive about significant drilling results, highlightingdiamond drill hole BLD004 which encountered a 28-meter section ofheavily weathered saprolite clay. This hole was located just 4 meterseast of auger drill hole BRL008, which yielded high MREO values,including a 6-meter interval averaging 2,537ppm TREO and a subset of 3meters at 3,415ppm TREO, with a notable 24% MREO.

Intriguingly, the grade at hole BLG008 wasobserved from the surface and seemed to increase with depth,culminating in 3,779ppm TREO.

Up tothis point, the drilling efforts at Bluebush have seen the completionof 217 auger holes and six diamond holes, with assay results pendingfor 130 auger holes and all six diamond holes.

Additionally,Smakman mentioned that a soil sampling and mapping program is beingexecuted, targeting the more central areas of the Serra Douradagranite. These regions are less accessible, necessitating that they beapproached on foot. This part of the program is designed to complementthe drilling campaign and provide a comprehensive understanding of themineral potential of the Bluebush project.

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