First assays from the maiden diamond drillhole return 12.4m at 5,478ppm TREO from 14m, including 2m at 12,454ppm, confirming a thick clay-hosted mineralised zone.

Axel hits over 12,000ppm rare earths at Caladão ProjectAxel REE (ASX:AXL) has hit up to 12,931 parts per million total rare earth oxide at the Caladão Project in Brazil.https://mining.com.au/axel-hits-over-12000ppm-rare-earths-at-caladao-project/