{"success":true,"data":{"pressRelease":{"id":"157449","rtpr_id":"nGNX7LgHDR-20261001","ticker":"BRE","exchange":"ASX","all_tickers":["BRE"],"title":"New High-Grade Discovery Expands Sulista Rare Earth District","author":"Globe Newswire","published_at":"2026-10-01T01:13:53.101Z","article_body":"SYDNEY, Sept. 30, 2026 (GLOBE NEWSWIRE) -- Brazilian Rare Earths Limited (ASX:\nBRE / OTCQX: BRELY) ('BRE') announces results from its Stage 1 exploration\ndrilling and prospecting at Sulista South and ongoing infill and step-out\ndrilling at the Sulista East Deposit, approximately 80 km southwest of Monte\nAlto, in Bahia, Brazil.\n\nHIGHLIGHTS\n* New high-grade discovery at Sulista South: Stage 1 diamond drilling 800 m\nsouth of Sulista East deposit has intersected multiple stacked rare earth\nmineralised seams across 500 m of strike. Mineralisation reaches up to 18 m\ntrue thickness, with reported grades up to 13.3% TREO. Mineralisation remains\nopen along strike and at depth.\n* More than 4.5 km of exploration corridor remains untested: The southern\nexploration corridor beyond the new discovery offers substantial scope for\nfurther exploration, with a diamond drilling campaign exceeding 10,000 m\nunderway.\n* Sulista East strike extended 430 m with step-outs: Diamond drilling has\nextended the Sulista East strike by 350 m north and 80 m south beyond the\ncurrent Mineral Resource footprint, supporting assessment of potential\nresource additions.\n* Infill drilling builds geological confidence: Successful infill drilling at\nSulista East has enhanced the continuity and geological confidence of the main\nmineralised deposit, which will inform assessment of potential conversions\nfrom Inferred to Indicated classification.\n\n\nFIGURE 1: SULISTA SOUTH DISCOVERY AND SULISTA EAST EXPANSION\n\nRESOURCE UPDATE AND DEVELOPMENT PATHWAY\n* Infill drilling validates Sulista East: Close-spaced drilling at Sulista\nEast has confirmed continuity, geometry and grade distribution across areas\ncurrently classified as Inferred, strengthening confidence in the geological\nmodel and supporting potential conversion from Inferred to Indicated\nclassification.\n* Sulista offers potential growth beyond the published Scoping Study case:\nSulista was excluded from the Monte Alto + Camaçari Scoping Study. Sulista\nhas the potential to provide additional high-grade feed to the planned\nCamaçari processing hub, subject to further resource definition and technical\nstudies.\n* Updated Sulista Mineral Resource targeted by end-2026: The resource estimate\nwill incorporate the new results and further step-out and infill drilling.\nNEXT STEPS\n\nThe priority work program at Sulista includes:\n* Complete the 2,000 m of follow-up drilling at Sulista South.\n* Advance Stage 2 and Stage 3 of the +10,000 m diamond drilling program,\ntargeting further high-grade discoveries along the remaining 4.5 km of\nuntested southern corridor.\n* Complete a further 5,000 m of infill and step-out diamond drilling across\nSulista East, targeting conversion of a substantial majority of the Mineral\nResource to Indicated classification.\n* Updated JORC Mineral Resource Estimate for Sulista, targeted for the end of\n2026.\nCEO COMMENTARY\n\n“The Sulista South discovery gives us a new high-grade mineralised system to\ndelineate, while successful drilling just at Sulista East is extending known\nmineralisation and strengthening the geological model. With more than 4.5 km\nof the southern corridor still untested by diamond drilling, significant\nexploration opportunity remains ahead of us.\n\nOur next objective is an updated Mineral Resource by the end of 2026.\nAlongside that work, we will assess how Sulista could underpin additional\nhigh-grade feed to our planned Camaçari processing hub and support long-term\nprovince-scale growth around shared infrastructure. That potential currently\nremains outside the published Scoping Study.”\n\n— Bernardo da Veiga, CEO & Managing Director\n\nA link to the complete announcement can be found: here\n(https://www.globenewswire.com/Tracker?data=O8CiutGXUK5V2GiH_ny6AwJf1RmknEHFY4vI2GvrIQrUrNSLL6kbw8gLN3Hg2JMDBftY_6TNOZTQorQUggZmxP76tSLGXZ92QWhQKwyKFEOE_zDcqrSRzhUAq5cdO295)\n\nContacts\n\nBernardo Da Veiga\nManaging Director and CEO\n\ninvestors@brazilianrareearths.com\nwww.brazilianrareearths.com\n\nA photo accompanying this announcement is available at\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/d8112026-18ef-4152-b203-19fad6453d93\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/2320c63b-da79-4982-a8cf-0b7fe35f9d33)\nFIGURE 1 \n(https://www.globenewswire.com/NewsRoom/AttachmentNg/d8112026-18ef-4152-b203-19fad6453d93/en)\nSULISTA SOUTH DISCOVERY AND SULISTA EAST EXPANSION\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX7LgHDR-20261001","title":"New High-Grade Discovery Expands Sulista Rare Earth District","author":"Globe Newswire","ticker":"BRE","created":"2026-10-01T01:13:53.101Z","tickers":["BRE"],"exchange":"ASX","article_body":"SYDNEY, Sept. 30, 2026 (GLOBE NEWSWIRE) -- Brazilian Rare Earths Limited (ASX:\nBRE / OTCQX: BRELY) ('BRE') announces results from its Stage 1 exploration\ndrilling and prospecting at Sulista South and ongoing infill and step-out\ndrilling at the Sulista East Deposit, approximately 80 km southwest of Monte\nAlto, in Bahia, Brazil.\n\nHIGHLIGHTS\n* New high-grade discovery at Sulista South: Stage 1 diamond drilling 800 m\nsouth of Sulista East deposit has intersected multiple stacked rare earth\nmineralised seams across 500 m of strike. Mineralisation reaches up to 18 m\ntrue thickness, with reported grades up to 13.3% TREO. Mineralisation remains\nopen along strike and at depth.\n* More than 4.5 km of exploration corridor remains untested: The southern\nexploration corridor beyond the new discovery offers substantial scope for\nfurther exploration, with a diamond drilling campaign exceeding 10,000 m\nunderway.\n* Sulista East strike extended 430 m with step-outs: Diamond drilling has\nextended the Sulista East strike by 350 m north and 80 m south beyond the\ncurrent Mineral Resource footprint, supporting assessment of potential\nresource additions.\n* Infill drilling builds geological confidence: Successful infill drilling at\nSulista East has enhanced the continuity and geological confidence of the main\nmineralised deposit, which will inform assessment of potential conversions\nfrom Inferred to Indicated classification.\n\n\nFIGURE 1: SULISTA SOUTH DISCOVERY AND SULISTA EAST EXPANSION\n\nRESOURCE UPDATE AND DEVELOPMENT PATHWAY\n* Infill drilling validates Sulista East: Close-spaced drilling at Sulista\nEast has confirmed continuity, geometry and grade distribution across areas\ncurrently classified as Inferred, strengthening confidence in the geological\nmodel and supporting potential conversion from Inferred to Indicated\nclassification.\n* Sulista offers potential growth beyond the published Scoping Study case:\nSulista was excluded from the Monte Alto + Camaçari Scoping Study. Sulista\nhas the potential to provide additional high-grade feed to the planned\nCamaçari processing hub, subject to further resource definition and technical\nstudies.\n* Updated Sulista Mineral Resource targeted by end-2026: The resource estimate\nwill incorporate the new results and further step-out and infill drilling.\nNEXT STEPS\n\nThe priority work program at Sulista includes:\n* Complete the 2,000 m of follow-up drilling at Sulista South.\n* Advance Stage 2 and Stage 3 of the +10,000 m diamond drilling program,\ntargeting further high-grade discoveries along the remaining 4.5 km of\nuntested southern corridor.\n* Complete a further 5,000 m of infill and step-out diamond drilling across\nSulista East, targeting conversion of a substantial majority of the Mineral\nResource to Indicated classification.\n* Updated JORC Mineral Resource Estimate for Sulista, targeted for the end of\n2026.\nCEO COMMENTARY\n\n“The Sulista South discovery gives us a new high-grade mineralised system to\ndelineate, while successful drilling just at Sulista East is extending known\nmineralisation and strengthening the geological model. With more than 4.5 km\nof the southern corridor still untested by diamond drilling, significant\nexploration opportunity remains ahead of us.\n\nOur next objective is an updated Mineral Resource by the end of 2026.\nAlongside that work, we will assess how Sulista could underpin additional\nhigh-grade feed to our planned Camaçari processing hub and support long-term\nprovince-scale growth around shared infrastructure. That potential currently\nremains outside the published Scoping Study.”\n\n— Bernardo da Veiga, CEO & Managing Director\n\nA link to the complete announcement can be found: here\n(https://www.globenewswire.com/Tracker?data=O8CiutGXUK5V2GiH_ny6AwJf1RmknEHFY4vI2GvrIQrUrNSLL6kbw8gLN3Hg2JMDBftY_6TNOZTQorQUggZmxP76tSLGXZ92QWhQKwyKFEOE_zDcqrSRzhUAq5cdO295)\n\nContacts\n\nBernardo Da Veiga\nManaging Director and CEO\n\ninvestors@brazilianrareearths.com\nwww.brazilianrareearths.com\n\nA photo accompanying this announcement is available at\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/d8112026-18ef-4152-b203-19fad6453d93\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/2320c63b-da79-4982-a8cf-0b7fe35f9d33)\nFIGURE 1 \n(https://www.globenewswire.com/NewsRoom/AttachmentNg/d8112026-18ef-4152-b203-19fad6453d93/en)\nSULISTA SOUTH DISCOVERY AND SULISTA EAST EXPANSION\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-10-01T01:13:53.148569982Z","server_sent_at_ms":1790817233148},"received_at":"2026-10-01T01:13:53.199Z","source_url":null},"analysis":{"id":"146114","press_release_id":"157449","analysis_json":{"industry":{"label":"Metals & Mining","sector":"Materials"},"redFlags":["grades are spot intersections, not a resource estimate; mineralisation remains open and untested along 4.5 km of corridor"],"eventType":"operations_update","narrative":"Brazilian Rare Earths announced a new high-grade discovery at Sulista South in Bahia, Brazil, with stacked mineralised seams over 500 m of strike reaching up to 18 m true thickness and grades up to 13.3% TREO.\n\nStep-out drilling extended the Sulista East deposit strike by 430 m beyond the current Mineral Resource footprint, while infill drilling supports potential Inferred-to-Indicated conversion.\n\nAn updated JORC Mineral Resource for Sulista is targeted by end-2026; Sulista sits outside the published Monte Alto + Camaçari Scoping Study but could add high-grade feed to the planned Camaçari processing hub.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"High-grade (13.3% TREO) new discovery outside the scoping study sets up an end-2026 resource update catalyst for this small-cap rare earths explorer."},"keyFigures":{"customDimensions":{"max_grade_treo":"13.3%","drilling_program":"+10,000 m","untested_corridor":"4.5 km","max_true_thickness":"18 m","resource_update_target":"end-2026","strike_length_new_discovery":"500 m","sulista_east_strike_extension":"430 m"}},"quotedText":"The Sulista South discovery gives us a new high-grade mineralised system to delineate, while successful drilling just at Sulista East is extending known mineralisation and strengthening the geological model.","namedEntities":{"people":[{"name":"Bernardo da Veiga","role":"CEO & Managing Director"}],"products":["Sulista South","Sulista East Deposit","Monte Alto","Camaçari processing hub"],"companies":[{"name":"Brazilian Rare Earths Limited","ticker":"BRE","relationship":"filer"}],"dollarAmounts":[]},"materialImpact":{"score":3,"reasoning":"New high-grade rare earth discovery (up to 13.3% TREO, 18 m true thickness) at Sulista South plus strike extension and infill success at Sulista East is genuinely value-additive, but it is early-stage exploration with no resource or economics yet attached."},"tickerRelevance":{"others":[],"primary":"BRE"},"globalImportance":25,"audienceRelevance":20,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"micro-cap ASX/OTCQX explorer","eventGravity":"early-stage exploration discovery","sectorWeight":"critical-minerals thematic interest","resourceStatus":"no published resource yet for new discovery"}},"event_type":"operations_update","event_type_secondary":null,"sentiment":"bullish","material_impact_score":3,"narrative":"Brazilian Rare Earths announced a new high-grade discovery at Sulista South in Bahia, Brazil, with stacked mineralised seams over 500 m of strike reaching up to 18 m true thickness and grades up to 13.3% TREO.\n\nStep-out drilling extended the Sulista East deposit strike by 430 m beyond the current Mineral Resource footprint, while infill drilling supports potential Inferred-to-Indicated conversion.\n\nAn updated JORC Mineral Resource for Sulista is targeted by end-2026; Sulista sits outside the published Monte Alto + Camaçari Scoping Study but could add high-grade feed to the planned Camaçari processing hub.","key_figures":{"customDimensions":{"max_grade_treo":"13.3%","drilling_program":"+10,000 m","untested_corridor":"4.5 km","max_true_thickness":"18 m","resource_update_target":"end-2026","strike_length_new_discovery":"500 m","sulista_east_strike_extension":"430 m"}},"named_entities":{"people":[{"name":"Bernardo da Veiga","role":"CEO & Managing Director"}],"products":["Sulista South","Sulista East Deposit","Monte Alto","Camaçari processing hub"],"companies":[{"name":"Brazilian Rare Earths Limited","ticker":"BRE","relationship":"filer"}],"dollarAmounts":[]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-10-01T01:13:58.350Z","global_importance":25,"audience_relevance":20,"importance_components":{"tickerTier":"micro-cap ASX/OTCQX explorer","eventGravity":"early-stage exploration discovery","sectorWeight":"critical-minerals thematic interest","resourceStatus":"no published resource yet for new discovery"}},"durationMs":5131,"modelName":"glm-5.3-flashx"}}