Si6 Metals Limited (AU:SI6) has released an update.
Si6 Metals Limited has significantly expanded its exploration footprint by acquiring a 50% stake in 10 Brazilian exploration licenses from Foxfire Metals Pty Ltd, which include promising rare earth and lithium projects. The company has commenced various sampling and drilling programs to assess these resources, with positive initial results and further assays pending. Additionally, Si6 has completed a $1.5 million capital raising and made key appointments to its Board, positioning itself for strategic growth in critical mineral sectors.
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