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Why is the Fazenda Discovery Important for Viridis Mining and Minerals? — ASX:VMM| ASX Mining News & Discussion
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Lykeshares Official
$VMM Why is the Fazenda Discovery Important for Viridis Mining and Minerals?
Viridis Mining and Minerals Unearths High-Value Rare Earth Elements at Colossus Project

On February 1, 2024, Viridis Mining and Minerals Limited announced an extraordinary find within the Poços de Caldas Alkaline Complex, marking a significant stride in rare earth element (REE) exploration. This development in the Colossus Project has uncovered some of the highest near-surface grades reported to date.

The Fazenda Mining License: A New Economic Frontier

The maiden RC assays from the Fazenda Mining License have revealed an impressive high-grade zone. Notably, drill hole FZ-RC-29 encountered an exceptional grade of 23,556ppm TREO (Total Rare Earth Oxides) at just 1 to 2 meters depth. This includes significant quantities of high-value elements like Neodymium, Praseodymium, Dysprosium, and Terbium Oxides.

A Shift in Exploration Potential

This finding at FZ-RC-29 is not only the highest surface grade reported within the entire complex but also signifies a new potential for predominantly extracting critical heavy rare earths like Dysprosium and ...
Why is the Fazenda Discovery Important for Viridis Mining and Minerals?

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Lykeshares Official
Berkshire is hoarding so. much. cash.
Berkshire is hoarding so. much. cash.
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Lykeshares Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ...
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore. There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can rush, it’s a complex, slow-moving process that takes years of precision and experience. Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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Lykeshares Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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Lykeshares Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
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Lykeshares Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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Lykeshares Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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Lykeshares Official
$ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?