St George Mining Extends High-Grade Rare Earths and Niobium Resource at Araxá

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

St George Mining has reported another set of strong assay results from ten additional diamond drill holes at its 100%-owned Araxá Rare Earths and Niobium Project in Brazil, confirming thick zones of high-grade rare earth oxide (TREO) and niobium mineralisation from surface, with intervals grading up to 15% TREO and 2.7% Nb₂O₅. The latest drilling underscores the continuity, thickness and open-ended nature of the mineralised system and supports expectations of a substantial increase in the already large and high-grade resource, reinforcing Araxá’s standing as one of South America’s leading carbonatite-hosted rare earths projects; continuous 24/7 drilling with multiple rigs and a significant backlog of assays suggests ongoing news flow and potential value uplift as the project advances toward development studies.

The most recent analyst rating on (AU:SGQ) stock is a Hold with a A$0.10 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 mineral exploration company focused on discovering and advancing high-grade rare earths and niobium resources. Its flagship Araxá Rare Earths and Niobium Project in Minas Gerais, Brazil, targets carbonatite-hosted deposits, positioning the company within the critical minerals supply chain for advanced technologies and energy transition markets.

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Technical Sentiment Signal: Buy

Current Market Cap: A$354.3M

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