🚀 St George Mining (ASX: SGQ) Delivers Record 199.5m Rare Earths & Niobium Intercept at Araxá
The Araxá Project is de-risking at every step.
Bigger intercepts. Deeper mineralisation. Stronger fundamentals. Well funded.
St George Mining has reported its thickest drill intercept to date at the 100%-owned Araxá Rare Earths & Niobium Project in Brazil, with 23 new drill holes confirming exceptional scale, grade and continuity of mineralisation from surface.
AXDD120 delivered a record 199.5m @ 2.86% TREO & 0.44% Nb₂O₅ from surface
Included 60m @ 3.96% TREO & 0.52% Nb₂O₅ from surface
Included 15m @ 3.30% TREO & 0.97% Nb₂O₅ from 36m
Seven drill holes returned more than 150m of continuous mineralisation from surface
High-grade rare earths remain open at depth, with 1m @ 4.8% TREO at the end of AXDD120
Eight drill holes extended the mineralised footprint by up to 200m north, supporting further resource growth
Near-surface, flat-lying mineralisation continues to support large-scale open-pit mining potential
Strong niobium intersections reinforce Araxá's dual-commodity development opportunity
Resource upgrade expected this quarter, with East Araxá drilling set to drive further growth in Q4 2026
Share Price: $0.098
Market Cap: $412M
With the thickest intercept drilled to date, mineralisation remaining open at depth and a resource upgrade on the horizon, Araxá continues to strengthen its position as one of the Western world's most significant rare earths and niobium projects. Backed by a recent A$60M capital raise, St George Mining is well funded to accelerate drilling, resource growth and development studies.
Read More: https://colitco.com/st-george-mining-hits-199m-of-rare-earths-and-niobium/
⚠️ Disclaimer: This is not an investment advise, please do your own research before making any investment decisions.