Axel REE Advances High-Grade Gallium and REE Discoveries in Brazil

Axel REE Limited (ASX: AXL), an Australian exploration company, is making significant strides at its Caladão Project in Minas Gerais, Brazil, with the discovery of extensive high-grade gallium (Ga₂O₃) and rare earth elements (REE). Recent drilling results from Area B confirmed lateral continuity and surface mineralization up to 128g/t Ga₂O₃, with strong intercepts such as 16m @ 75g/t. The mineralized zones now span 86 km²—only 20% of the 430 km² project area—indicating vast untapped potential. Additionally, REE assays exceeding 2,700 ppm TREO have been recorded. The maiden Mineral Resource Estimate (MRE) for Area A is underway with SRK Consulting, while Area B results support future expansion. Strategically positioned in Brazil’s “Lithium Valley,” Axel aims to accelerate the development of critical minerals for clean energy and advanced technologies. Their mission underscores the importance of sustainable resource exploration in underexplored global regions.

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