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St. George Mining Ltd. ( (AU:SGQ) ) has shared an update.
St. George Mining Ltd. has reported exceptional assay results from its ongoing drilling campaign at the Araxá Project, revealing thick, high-grade deposits of rare earths and niobium. The results indicate a significant expansion of the mineral resource estimate, with the potential to upgrade inferred resources to the indicated category. The continuous drilling efforts are expected to further enhance the scale of the deposit, solidifying St. George’s position as a leader in the rare earths and niobium sectors.
More about St. George Mining Ltd.
St. George Mining Ltd. is a company operating in the mining industry, focusing on the exploration and development of rare earth elements (REE) and niobium. The company is primarily engaged in the Araxá Rare Earths and Niobium Project located in Minas Gerais, Brazil, which is known for its high-grade mineral deposits.
YTD Price Performance: 284.00%
Average Trading Volume: 35,627,515
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$340.9M
For a thorough assessment of SGQ stock, go to TipRanks’ Stock Analysis page.