en.Wedoany.com Reported - On June 15, 2026, Chilean Cobalt Corp. reported progress in exploration, engineering, permitting, and technical collaboration for its NeoRe rare earth project in southern Chile. The company is advancing the project through an integrated development strategy centered on a modular extraction plant.

Through project operator NeoRe, the company continues to advance resource definition, process optimization, engineering, permitting, and project financing to support this modular development strategy.

Since the start of exploration, NeoRe has completed 133 drill holes totaling 1,504 meters. Exploration and drilling activities have progressed on 14 of the 35 identified targets, including 12 targets drilled to date.

Surface exploration continues to support the project's regional-scale potential, with recent sampling identifying rare earth element anomalies in multiple target areas, supporting continued drilling and evaluation within the region.

Engineering activities are also advancing, with basic engineering nearly 25% complete. Recent work in downstream pilot-scale processing has yielded encouraging results for REE recovery from multiple mineralized zones.

The company is also advancing the application of artificial intelligence and advanced geoscience technologies at the NeoRe project. Following a successful pilot project at Chilean Cobalt Corp.'s La Cobaltera cobalt-copper project in northern Chile, NeoRe will collaborate with Mineral Forecast, a Chilean AI-driven geoscience company. This work program will support NeoRe's accelerated exploration strategy, improve target generation, prioritize exploration activities, and optimize the identification of areas with the highest mineral potential within the region. NeoRe is also strengthening its operational capabilities by bringing in key personnel in supply chain management and data science.

This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com