Viridis Mining and Minerals Ltd

Viridis Mining Ltd (ASX:VMM) acquired 100% of the rare earth element (REE) rights to the Colossus IAC (Ionic Adsorption Clay) Project in August 2023. Since then, Viridis has pursued an aggressive exploration program which has positioned Colossus to potentially become one of the highest-grade IAC projects globally. The Colossus Project is a 228.62-square-kilometre licence in the State of Minas Gerais, Brazil, situated within and around the prolific Poços De Caldas Alkaline Complex, which is home to some of the highest-grade IAC intercepts recorded in the world.