Article

Viridis Mining and Minerals has announced positive assay results from its Colossus rare earths project in Brazil, showing high-grade findings from infill drilling. The results indicate a significant uplift in mineral resource estimates and support an upcoming definitive feasibility study (DFS) targeting a final investment decision (FID) by Q3 2026. The project's global mineral resource estimate is 498 million tonnes at 2508ppm TREO and 601ppm MREO, with ongoing exploration programs further enhancing growth potential.