St George Mining Expands High-Grade Rare Earths and Niobium Resource at Brazil’s Araxá Project

St. George Mining Ltd. ( (AU:SGQ) ) just unveiled an announcement.

St George Mining has reported a highly successful quarter at its Araxá rare earths and niobium project in Brazil, with both resource definition and expansion drilling returning extensive high-grade mineralisation from surface over broad intervals. The latest campaign has intersected thick zones of total rare earth oxides (TREO) and niobium pentoxide (Nb₂O₅) both within and up to 400 metres west of the existing Mineral Resource Estimate, including the company’s best intercept to date of 139.45 metres at 4.05% TREO and 0.55% Nb₂O₅ from surface. These results suggest strong potential for a substantial increase in the already large and high-grade Araxá resource, further entrenching it as the biggest and highest-grade carbonatite-hosted rare earths deposit in South America and one of the highest-grade resources in the Western world, with positive implications for St George’s growth prospects and its strategic position in the critical minerals sector.

The most recent analyst rating on (AU:SGQ) stock is a Sell with a A$0.09 price target. To see the full list of analyst forecasts on St. George Mining Ltd. stock, see the AU:SGQ Stock Forecast page.

More about St. George Mining Ltd.

St George Mining Limited is an Australian-listed exploration company focused on discovering and developing critical mineral projects, with a major current focus on its 100%-owned Araxá rare earths and niobium project in Minas Gerais, Brazil. The project targets high-grade carbonatite-hosted rare earth elements and niobium, positioning the company within the global supply chain for strategic materials used in advanced manufacturing, clean energy technologies and high-performance alloys.

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Technical Sentiment Signal: Strong Buy

Current Market Cap: A$380.2M

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