Brazilian Rare Earths Limited has reported highly promising exploration results from its Sulista Project in Bahia, Brazil, confirming an ultra-high-grade Monte Alto-style deposit that could significantly enhance the supply of rare earth elements, niobium, scandium, tantalum, and uranium. The company’s latest diamond drilling program at Sulista West delivered impressive in‐hole intercepts, including up to 18.9% Total Rare Earth Oxide (TREO) over 4.2 metres and high-grade assays with uranium oxide reaching 8,211 ppm, tantalum oxide at 2,803 ppm, and niobium oxide up to 27,740 ppm. These figures indicate an excellent correlation between high-grade surface grab samples and deeper mineralisation, bolstering confidence in the deposit’s continuity along a 3.5 km trend. In addition to the Sulista West discovery, Brazilian Rare Earths has identified a new “Outcrop Ridge” along the same trend, where grab samples have returned up to 20.6% TREO with significant concentrations of neodymium and praseodymium, and heavy rare earths such as dysprosium and terbium. The company’s exploration effort extends across multiple targets with ongoing diamond and auger drilling programs at Sulista East and Sulista North—recent findings at the North area include an ultra-high-grade grab sample with 21% TREO, highlighting the possibility of multiple parallel mineralised corridors. A comprehensive 3,000-metre diamond core drilling program at Sulista East is underway to test the continuity of high-grade monazite-sand mineralisation and to delineate potential REE-Nb-Sc-Ta-U source rocks at depth. The integration of advanced drone-based geophysical surveys and ground mapping aims to further extend the known mineralisation along strike, potentially adding significant value to the overall project. Impressive drillhole intervals, detailed core logging, and rigorous quality control measures underscore the technical robustness of the exploration program, which follows industry-standard methodologies and adheres to JORC guidelines. The company’s strategic approach in leveraging its Monte Alto exploration framework across the expansive 180 km Rocha da Rocha Province demonstrates its confidence in uncovering further world-class deposits. By connecting high-grade surface outcrops with underlying mineralisation, Brazilian Rare Earths is positioning itself at the forefront of rare earth supply, an area of growing significance in the global high-tech and clean energy sectors. The news carries a bullish sentiment for Brazilian Rare Earths, as the discovery of ultra-high-grade mineralisation along multiple zones reinforces the company’s exploration potential and future resource base. The excellent technical assay results, coupled with a robust exploration framework and clear expansion targets, suggest significant upside prospects for stakeholders. However, a bearish perspective should be noted, given the inherent uncertainties of early-stage exploration projects. Pending assay results, reliance on forward-looking statements, and the potential for operational challenges mean that investors should remain cautious of the risks associated with exploration and subsequent resource definition.