IMC Rare Earths Starts Deeper Drilling at Brazil's Itarantim Project
SÃO PAULO – November 05, 2026 -- IMC Rare Earths (NYSE American: IMC) will begin diamond drilling at 29 Block D plateau locations in mid-November at its Itarantim project in Brazil. The program is meant to test mineralization below the 30-meter limit of its mechanical auger rigs and to extend roughly 5-10 meters into bedrock, subject to geology. In parallel, engineering consultancy WSP is running an in-situ recovery (ISR) field trial, with injection testing targeted for Q1 2027.
Diamond drilling targets thickest weathered layer on Block D plateau
The 29 holes are widely spaced and sited where the weathered rock and soil layer is interpreted to be thickest. Access work and drill pad construction are underway, and further drilling is planned.