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Ameerex Confirms Major Heavy Rare Earth Mineralization in Brazil JV Across the Goiás-Araxá-Catalão Belt - Brazil Ranking Second to China by Estimated REE Resources
Ameerex Confirms Major Heavy Rare Earth Mineralization in Brazil JV Across the Goiás-Araxá-Catalão Belt - Brazil Ranking Second to China by Estimated REE Resources.
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[{"type":"text","content":"\r\n\r\n \r\n \r\n Ameerex Confirms Major Heavy Rare Earth Mineralization in Brazil JV Across the Goiás-Araxá-Catalão Belt - Brazil Ranking Second to China by Estimated REE Resources\r\n \r\n \r\n\r\n\r\nAmeerex Confirms Major Heavy Rare Earth Mineralization in Brazil JV Across the Goiás-Araxá-Catalão Belt - Brazil Ranking Second to China by Estimated REE Resources\r\n\r\n\r\n\r\n\r\n\r\nATLANTA, GA and DOHA, QATAR / ACCESS Newswire / February 6, 2026 / Ameerex Corporation (OTC:HIRU) (\"Ameerex\" or the \"Company ) today confirmed major heavy rare earth element (HREE) mineralization within its Brazil joint venture with Patagonia Lithium Ltd (ASX: PL3), materially expanding the scope of a partnership previously centered on lithium and positioning the project within a globally significant critical minerals belt. There are 11 targets that have been identified for augur and air-core drilling.\r\n The studies for the Goiás areas were based on the ratio between the Araxá carbonatite, silicate rocks and fenitisation. Catalão I carbonatite is correlated to the same geological event as the Araxá carbonatite.\r\n The Company's rare earth concessions are located in Goiás, within the Goiás-Araxá-Catalão belt, a mineral district recognized for long-standing niobium and rare earth production. The project area lies directly adjacent to the CMOC operating niobium phosphate mine, providing clear validation of regional prospectivity, continuity of mineralization, and the presence of established mining infrastructure.Figure 1. Total REE results for the road and channel samples analysed, with the sedimentary niobium mine operated by CMOC China. A sample off the concession (SE) recorded 1898ppm total REE. \r\n \r\n \r\n \r\n \r\n \r\n Heavy Rare Earth mineralization Confirmed\r\n Exploration work completed by the joint venture partner Patagonia Lithium Ltd (ASX:PL3) has confirmed via satellite SW-IR surveys and soil and rock chip sampling rare earth mineralization dominated by heavy and high-value rare earth elements, including:\r\n Holmium (Ho) - used in advanced magnets, laser systems, and nuclear-related applications. The latest (Feb 6, 26) holmium oxide prices show China‑based spot material trading around the high‑60s USD/kg range, with Northeast Asia indices sli...