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St. George Mining Ltd. ( (AU:SGQ) ) has provided an update.
St George Mining Limited has reported exceptional results from its exploration and drilling activities at the Araxá Rare Earths and Niobium Project in Brazil. The company has confirmed the presence of high-grade mineralization through both reverse circulation and diamond drilling, with significant intersections indicating the potential for resource expansion. These findings reinforce the project’s status as a world-class resource and support plans for a resource upgrade, potentially enhancing the company’s market position and offering promising implications for stakeholders.
More about St. George Mining Ltd.
St George Mining Limited is a company operating in the mining industry, focusing on the exploration and development of rare earth elements and niobium resources. Its primary project is the Araxá Rare Earths and Niobium Project located in Minas Gerais, Brazil, which is recognized as a significant carbonatite-hosted deposit in South America.
Average Trading Volume: 29,789,567
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$372.8M
Learn more about SGQ stock on TipRanks’ Stock Analysis page.