Tiros Central Drilling Yields Up to 25% TiO2 and 11,000ppm TREO
Resouro Strategic Metals reports outstanding assay results from its Tiros Central Project in Brazil, revealing high-grade titanium dioxide and rare earth elements that underscore the project's global significance.
- High-grade intervals up to 25% TiO2 and 11,000ppm TREO confirmed
- Infill drilling campaign completed with 39 holes totaling 2,519m
- Broad zones of mineralisation with lateral continuity over 30-50m
- Results support ongoing resource optimisation and future mining plans
- Further assay results expected progressively through February 2025
Exceptional Assay Results Highlight Tiros Central's Potential
Resouro Strategic Metals Inc. (ASX: RAU) has released the first tranche of assay results from its infill drilling campaign at the Tiros Central Project, located in Minas Gerais, Brazil. The results reveal spectacular grades of titanium dioxide (TiO2) reaching up to 25% and total rare earth oxides (TREO) concentrations as high as 11,000ppm, positioning the project as a significant global source of these critical minerals.
The infill drilling program, comprising 39 diamond drill holes totaling 2,519 metres, was designed to refine the existing mineral resource estimate and identify high-grade zones suitable for initial mining operations. Notable intercepts include 7 metres at 24.5% TiO2 and 11,000ppm TREO from 39 metres downhole, and 9 metres at 21.8% TiO2 and 7,700ppm TREO from 34 metres, underscoring both the tenor and continuity of mineralisation.
Broad Zones with High-Grade Continuity
The assay results delineate a broad mineralised zone typically hosting 10% to 12% TiO2 and 4,000 to 5,000ppm TREO, with narrower but highly valuable intervals exhibiting double these grades. The lateral continuity of mineralisation over widths of 30 to 50 metres, as highlighted by CEO Alistair Stephens, enhances the project's attractiveness for future development.
Mineralisation is hosted within a sequence of volcanic and epiclastic rocks, weathered to depths of up to 60 metres, which may facilitate mining operations given the relatively shallow overburden in targeted valley areas. The high-grade zones identified in eight of the ten holes with completed results will be pivotal in upcoming scoping studies and mine optimisation efforts.
Strategic Importance and Next Steps
Resouro's Tiros Project already boasts a maiden Mineral Resource Estimate of 1.7 billion tonnes across inferred, indicated, and measured categories, with titanium and rare earth elements as key commodities. The recent infill drilling results not only validate the resource but also provide critical data to support engineering, environmental, and economic studies essential for advancing towards production.
Further assay results from the ongoing campaign are anticipated throughout February 2025, which will help delineate the full extent of mineralisation and refine resource models. The company is concurrently progressing metallurgical test work and environmental baseline studies, laying the groundwork for potential mining operations in this well-infrastructured region of Brazil.
Resouro's strategic focus on titanium and rare earth elements aligns with growing global demand for these materials, driven by their critical role in clean energy technologies and advanced manufacturing. The Tiros Central Project's high-grade mineralisation and favourable geological setting position Resouro as a noteworthy player in the strategic metals sector.
Bottom Line?
As Resouro continues to unlock high-grade zones at Tiros Central, the market will watch closely for further assay results and progress towards development.
Questions in the middle?
- How will upcoming assay results impact the overall resource estimate and project economics?
- What are the timelines and key milestones for advancing from exploration to mining at Tiros?
- How might global demand trends for titanium and rare earth elements influence Resouro's strategic positioning?