The Ponte Nova tenements, strategically positioned within the Eastern Brazilian Pegmatite Province and closely associated with the Neoproterozoic Araçuaí orogeny, boast an advantageous location. Situated less than 40km from Latin Resources' Colina Deposit and less than 20km south of Rio Tinto Claims, these tenements offer proximity to established mineral deposits and exploration areas. Geological features within the Ponte Nova area primarily comprise granite and sedimentary rocks dating back to the Neoproterozoic era, all within the Araçuaí Orogen. Pegmatite formation in this region arises from the separation of magmatic fluids from peraluminous S-type granitoids, a process intricately linked to the geological events of the Araçuaí Orogen. This unique geological context, coupled with its strategic location, presents promising opportunities for exploration and the potential discovery of valuable resources.​

​

Key Milestones:

Widespread pegmatites confirmed (refer to ASX Announcement).