PROJECT

T1-T2 Rare Earth Project

Minas Gerais, Brazil

OVERVIEW

Summit Minerals’ 100%-owned T1-T2 REE project covers approximately 641 hectares in Southern Minas Gerais, Brazil, in an area known for its rich mineral deposits. Thick, well-developed saprolite clay horizons, crucial for Ionic Absorption Clay (IAC) deposits, indicate potential for a large-scale rare earth deposit. The thick weathering profiles developed throughout the projects could potentially host IAC mineralisation.

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PROJECT HIGHLIGHTS

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Total combined are of T1 and T2 projects is approximately 641 hectares

  • T1 is approximately 298 hectares
  • T2 is approximately 344 hectares
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Reconnaissance exploration has identified a large-scale surface saprolite clay system at Summit’s 100%-owned T1-T2 REE project in Southern Minas Gerais, Brazil

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The T1-T2 REE project is situated in southern Minas Gerais, near major roads, infrastructure, water access, hydroelectric power, and, most importantly, historic artisanal mining activity

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Thick, well-developed saprolite clay horizons are crucial for an IAC deposit

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The significant size of the saprolite clay system suggests the potential for a large-scale rare earth deposit

SUM_Significant_Saprolite_Clay_System_Discovered_at_T1-T2 (3)

Deeply weathered saprolite clay system at T1-T2.