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St. George Mining Ltd. ( (AU:SGQ) ) just unveiled an update.
St George Mining Limited has announced promising assay results from its Araxá rare earths and niobium project, indicating significant potential for resource expansion. The latest drilling results show high-grade mineralization both to the west and east of the existing Mineral Resource Estimate (MRE), suggesting substantial growth opportunities. The western extension, confirmed by diamond drilling, and the eastern discovery, expanded by reverse circulation drilling, both highlight the project’s potential to become a major source of rare earths outside China. These findings could enhance St George’s market position and offer new opportunities 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. The company is engaged in projects that aim to expand its mineral resource estimates, particularly in the Araxá region of Minas Gerais, Brazil.
Average Trading Volume: 23,024,774
Technical Sentiment Signal: Buy
Current Market Cap: A$397.7M
See more data about SGQ stock on TipRanks’ Stock Analysis page.