St George Mining Reports High-Grade Drilling Success at Araxá Project in Brazil

Small Caps

Oct 23

St George Mining (ASX: SGQ) has identified significant upside with high-grade diamond drilling results at its new Araxá rare earths and niobium project in Brazil. The company only acquired Araxá in ...

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George Mining Reports High-Grade Drilling Success at Araxá Project in Brazil","media":"Small Caps","content":"<div>\n<p>St George Mining (ASX: SGQ) has identified significant upside with high-grade diamond drilling results at its new Araxá rare earths and niobium project in Brazil.\nThe company only acquired Araxá in ...</p>\n\n<a href=\"https://smallcaps.com.au/st-george-mining-high-grade-drilling-success-araxa-project-brazil/\">Source Link</a>\n\n</div>\n","source":"smallcap_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>St George Mining Reports High-Grade Drilling Success at Araxá Project in Brazil</title>\n<style 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Brazil.\nThe company only acquired Araxá in ...</p>\n\n<a href=\"https://smallcaps.com.au/st-george-mining-high-grade-drilling-success-araxa-project-brazil/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SGQ.AU","symbol_name":"ST GEORGE MINING LTD","start_time":0,"source_url":"https://smallcaps.com.au/st-george-mining-high-grade-drilling-success-araxa-project-brazil/","article_id":"2577234143","we_media_id":null,"thumbnails":["https://cdn.shortpixel.ai/client/w_868,q_lossy,to_auto,ret_wait/https://150309019.v2.pressablecdn.com/wp-content/uploads/2025/10/St.-George-Mining-ASX-SGQ-High-Grade-Drilling-Success-Araxa-Project-Brazil.jpg"],"rights":{"source":"smallcap_stock","url":"https://smallcaps.com.au/st-george-mining-high-grade-drilling-success-araxa-project-brazil/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2577234143","pubTimestamp":1761180429,"columns":[],"sourceInfo":{"source_id":"smallcap_stock","name":"Small Caps"},"weMediaInfo":null,"summary":"St George Mining has identified significant upside with high-grade diamond drilling results at its new Araxá rare earths and niobium project in Brazil.The company onlyacquired Araxá in late February, and through a calculated exploration strategy has already de-risked what it believes is a potentially world-class project in an area containing significant niobium mining operations.The Araxa project hosts the largest and highest-grade carbonatite-hosted rare earths resource in South America, with a JORC-compliant mineral resource estimate of 40.6 million tonnes @ 4.13% total rare earth oxides .Coupled with the second hole 230m west of the MRE – which also delivered wide, high-grade mineralisation – the assay results extend the system well beyond the current boundary, and demonstrate strong potential for a significant increase in resource tonnage.“With a world-class resource already confirmed and our location in an established mining region that supports an expedited pathway to development","collect":0,"end_time":0,"defaultTopTitle":"smallcaps.com.au","property":[],"viewcount":null,"language":"en","relate_stocks":{"SGQ.AU":"ST GEORGE MINING LTD","BK4141":"半导体产品","BK7095":"多种金属与采矿","MMAT":"Meta Materials Inc."},"translate_title":"圣乔治矿业公司报告巴西阿拉沙项目高品位钻探取得成功","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SGQ.AU":1,"MMAT":1.5},"content_text":"St George Mining (ASX: SGQ) has identified significant upside with high-grade diamond drilling results at its new Araxá rare earths and niobium project in Brazil.\nThe company only acquired Araxá in late February, and through a calculated exploration strategy has already de-risked what it believes is a potentially world-class project in an area containing significant niobium mining operations.\nThe Araxa project hosts the largest and highest-grade carbonatite-hosted rare earths resource in South America, with a JORC-compliant mineral resource estimate of 40.6 million tonnes @ 4.13% total rare earth oxides (TREO).\nBroad Mineralised Zone\nOne diamond hole intersected a broad zone of continuous mineralisation approximately 150 metres west of the current MRE.\nThis intercept comprised 87.7m @ 2.95% TREO and 0.41% niobium from 2m, including 70m @ 3.02% TREO and 0.43% niobium from 2m, while confirming Neodymium-Praseodymium:TREO ratios of as high as 31%, one of the highest ratios at the project so far.\nCoupled with the second hole 230m west of the MRE – which also delivered wide, high-grade mineralisation – the assay results extend the system well beyond the current boundary, and demonstrate strong potential for a significant increase in resource tonnage.\nFour Rigs in Operation\nSt George currently has an aggressive campaign running, with three diamond and one reverse circulation rigs conducting expansion drilling.\nFollow-up work will include detailed mineralogical analyses to refine the understanding of the distribution of magnet rare earths and niobium within the system.\n“These programs aim to unlock Araxá’s full potential and further establish its position as a globally significant rare earths and niobium project,” executive chair John Prineas said.\n“With a world-class resource already confirmed and our location in an established mining region that supports an expedited pathway to development, the Araxá Project is emerging as a stand-out opportunity to support efforts by the Western world to fast-track the establishment of new and secure supply rare earths outside of China.”","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}