Atlantico Energy Metals Identifies Multiple Rare Earth Targets at Brazilian Project

Atlantico Energy Metals identified 12 rare-earth-led target areas, plus gallium and lithium prospects, at its 243-square-kilometre Novo Cruzeiro project in Brazil’s Lithium Valley after combining geochemistry, mapping, satellite imagery and geophysics. Eastern targets show anomalies for magnet rare earths including neodymium, praseodymium, dysprosium and terbium, while western sampling found elevated rare earths, with 96 of 114 samples exceeding 500 parts per million total rare earth oxides. All 114 western samples also contained gallium, grading 16 to 72 parts per million, particularly in weathered granite and saprolite at Rio Bravo. A southern lithium target is supported by geochemical anomalies and a roughly five-kilometre magnetic feature, though the company cautioned that it remains an interpretation requiring further testing and that previous lithium results were modest. Atlantico said the findings provide multiple avenues for follow-up exploration and potential discoveries, but the reported targets are not yet established mineralized resources.
A northeastern stream-sediment sample returned 1,427 parts per million total rare earth oxides, including 284 parts per million of mixed rare earth oxide, helping direct exploration toward potential upstream sources.
Atlantico President and CEO Bonn Smith said the company sees “significant potential for multiple discoveries” at Novo Cruzeiro, citing the project’s more than 243 square kilometres of contiguous claims and the global priority of securing diverse critical-mineral supplies.
The company’s reported lithium results remain limited: previous intercepts were described as modest, with the highest lithium grade reported at 71 parts per million.
The identified eastern rare earths have potential applications in powerful permanent magnets used in electric-vehicle motors, wind-turbine generators, industrial robots, and aerospace and defence systems; neodymium and praseodymium provide magnetic strength, while dysprosium helps support magnet performance.
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