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Highlights:
- Exceptional drill results: Multiple high-grade titanium dioxide (TiO2) and total rare earth oxide (TREO) intercepts, including seven metres at 24.5% TiO2 and 11,000ppm TREO.
- Extensive mineralisation: 10% to 12% TiO2 as a typical grade range, with narrower high-grade intervals of up to 22% TiO2 and 11,000ppm TREO.
- Ongoing exploration: A 39-hole infill diamond drilling program is underway, with further assay results expected in February.
Resouro (ASX:RAU) has reported significant assay results from the ongoing infill diamond drilling program at its Tiros titanium and rare earths project in the Minas Gerais region of Brazil. The results indicate broad zones of high-grade mineralisation, reinforcing the project's potential for titanium dioxide (TiO2) and total rare earth oxide (TREO) resources.
Exceptional Drill Intercepts Strengthen Project Potential
Twelve drill holes completed as part of the program have delivered standout results, including:
- Six metres at 19.5% TiO2 and 4,800ppm TREO from 39 metres downhole
- Nine metres at 21.8% TiO2 and 7,700ppm TREO from 34 metres downhole
- Seven metres at 24.5% TiO2 and 11,000ppm TREO from 39 metres downhole
These high-grade intercepts confirm the presence of substantial mineralisation at the site, which continues to demonstrate the economic significance of the Tiros project.
Consistent High-Grade Mineralisation Across the Project
The drilling campaign has identified a broad mineralised zone with a typical TiO2 grade range of 10% to 12%, alongside TREO values between 4,000 to 5,000ppm. In addition, narrower intervals containing exceptionally high grades of 19% to 22% TiO2 and 9,000 to 11,000ppm TREO have been recorded, further supporting the resource's potential.
The high-grade zone was encountered in eight out of ten drill holes, indicating strong lateral continuity across widths of 30 to 50 metres.
Strategic Expansion and Ongoing Exploration
Resouro has committed to an extensive 39-hole diamond drilling program at the Central Block of the Tiros project. This initiative aims to further delineate and expand the identified mineralisation zones, with additional assay results expected in February. The company continues to focus on defining the full scope of the resource to support future development plans.
Industry-Standard Results with Global Significance
CEO Alistair Stephens highlighted the significance of the latest drilling results, stating that the assay results align with Tiros' mineralisation characteristics while standing out on a global scale. The consistency of high-grade mineralisation and the extensive lateral continuity reinforce the project's importance in the titanium and rare earths sector.
The findings from the latest drill campaign strengthen the project's outlook, as the Tiros deposit continues to exhibit globally competitive grades and scale. With additional assay results expected soon, the potential for further resource expansion remains a key focus.
Conclusion
Resouro (ASX:RAU) continues to advance its Tiros titanium and rare earths project with significant high-grade discoveries. The recent drill results highlight strong mineralisation continuity and exceptional titanium and rare earth oxide grades. Ongoing exploration efforts aim to further define the project's potential, with upcoming assay results poised to add further clarity on resource expansion.
