Article

Meryllion Resources Corporation has started drilling at its IAC hosted REE project in northeastern Tasmania, Australia. The project covers an 800 km² tenement area. Previous sampling reported grades up to 3,500 ppm TREE, including significant dysprosium and terbium concentrations.

The current drilling program will utilize open-hole RAB techniques, with around 400m of drilling planned at an average depth of 6m. Samples will be analyzed at ALS Chemex in Tasmania and a facility in South Australia.

Results are anticipated within 60 days. Meryllion also plans to initiate permitting for its Makenzie project in Nevada in Q1 2026.