Axel REE Ltd
Axel REE Limited is a critical minerals exploration company which is primarily focused on exploring the Caladao, Caldas, Itiquira, and Corrente rare earth elements (REE) projects in Brazil.
The business
Axel REE Limited is a critical minerals exploration company which is primarily focused on exploring the Caladao, Caldas, Itiquira, and Corrente rare earth elements (REE) projects in Brazil. Together, the project portfolio covers over 1,105 square kilometers of exploration tenure in Brazil. The Company's geographical segments include Australia and Brazil. The Caladao Project is a 400 square kilometer (km2) tenement in the region of Minas Gerais, Brazil known as Lithium Valley. It includes 25 km2 of mineralized REE strike with follow-up drill programs planned to target maiden Mineral Resource Estimate. The Caldas Project licenses cover 232 km2 in South Minas Gerais, close to alkaline carbonatite complexes in Brazil, the Pocos de Caldas alkaline intrusive. The Itiquira Project is a 340 km2 tenement in Mato Grosso located over a magnetic anomaly. The Corrente Project is located in Sao Sebastiao do Piaui.
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Latest news
Axel REE Delivers Brazil’s First In-Situ Gallium Mineral Resource at Caladão Project
Axel REE (ASX: AXL) has reported a maiden mineral resource estimate (MRE) for gallium at its Caladão project in Brazil, declaring it one of the world’s largest known standalone inventories of the critical metal. The resource – which SRK Consulting has classified as Inferred under the JORC Code – totals 100 million tonnes grading 42 […]
Axel REE Unveils High-Grade REE-Gallium Finds at Caladão Project in Brazil
Axel REE (ASX: AXL) has continued to define a significant gallium opportunity with further high-grade assay results at its Caladão project in Minas Gerais, Brazil. The new results from ongoing auger drilling program at Area B within the Caladão project continue to highlight the broad, laterally extensive rare earth elements (REE) and gallium zones. Gallium […]
Axel REE confirms high-grade rare earths and gallium at Caladão with latest assays
Axel REE’s (ASX: AXL) confidence that its Caladão project in Brazil will be one of the only rare earth element (REE) and gallium resources in the world has been boosted with further high-grade results in the fifth batch of assays. The high-grade gallium results continue to occur from surface as Axel moves ahead with metallurgical […]
Axel REE identifies high-grade gallium and rare earth potential at Caladão project
Axel REE (ASX: AXL) has identified significant gallium mineralisation following a review of auger and diamond drill samples collected from the ongoing Phase One campaign at its flagship Caladão rare earths project in Brazil. The company has so far completed a total of 217 drill holes for 3,606 metres across key targets at Area A. […]
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