Rare Earths Americas Grows Homer-A Rare Earth Zone 60% in Brazil – News and Statistics

Nov 13, 2026

Rare Earths Americas, which trades on the NYSE American under the symbol REA, released assay results on Thursday for eight additional drill holes at Homer-A, one of three fully owned exploration targets inside the wider Homer project located in Goiás, Brazil. According to the company, the new findings enlarge the identified mineralized area by over 60%, reaching about 3.5 square kilometers (roughly 865 acres), up from the 2.15 square kilometers (about 531 acres) disclosed in September 2026.

The mineralized zone now runs approximately 4.3 kilometers along its longest axis, nearly twice the 2.1 kilometers cited in September, and the company said it stays open for additional growth. Among the 20 holes located within the main geochemical anomaly that have received assays so far, 19 cut mineralization above the stated cut-off, which REA said reinforces the system’s scale and continuity.

Drill holes along the south-eastern edge of the complex produced the largest share of heavy rare earth oxides recorded at Homer-A to date, with dysprosium and terbium oxides comprising up to 8.7% of total rare earth oxides plus scandium in individual samples. Several holes in this region yielded elevated heavy rare earth oxide and dysprosium-terbium proportions, indicating a developing zone of heavy rare earth enrichment along the south-eastern margin that remains open to further drilling.

Assays have arrived for just 22 of about 180 holes planned under the 2026 program, roughly 12%, while approximately 11,800 meters, or almost 80% of the planned 15,000-meter program, had been drilled as of October 30, 2026. Chief executive Donald Swartz said the second drilling update showed Homer-A growing larger and more differentiated, noting that the known footprint had risen by more than 60%, its longest dimension had about doubled, and the south-eastern margin had delivered the highest heavy rare earth and dysprosium-terbium proportions observed so far. He added that the enrichment occurs across multiple holes and intervals rather than in one isolated sample, and that the mineralized system remains open for further expansion.

The company said it expects to finish the program as scheduled and continues to aim for a maiden mineral resource estimate in 2027. Rare Earths Americas holds four exploration projects, including ionic clay deposits in Brazil and a monazite-rich sands project in Georgia that management believes may be the source rock for rare earth-bearing mineral sands already mined along the US coastal plain.

REA shares closed 10% lower in New York on Thursday. The company’s market capitalization stands at $220 million.