Colitco (ABN : 83 679 013 403)’s Post

🚀 St George Mining (ASX: SGQ) Delivers a 155% Resource Increase at Araxá St George Mining Ltd has significantly upgraded its 100%-owned Araxá Rare Earths & Niobium Project in Brazil, strengthening its position as a potential world-class critical minerals development. 🔎 Key Highlights • New MRE of 111.2Mt @ 3.57% TREO using a 2% TREO cut-off • 155% increase in Measured & Indicated resources • 3.98Mt contained TREO, including 760,000t NdPr oxides • 630,000t contained Nb₂O₅, including 120,000t at >0.90% Nb₂O₅ • 68% of the MRE now sits in Measured & Indicated categories • 100% of the MRE is within 120m of surface, supporting potential open-pit mining • East Araxá discovery remains outside the current MRE, providing further growth potential • Five diamond rigs operating 24/7 as exploration and mine planning advance 📈 Investor Takeaway A major resource upgrade has materially strengthened the scale and confidence of Araxá, while ongoing drilling at East Araxá provides another potential pathway for resource growth. Bigger resource. Higher confidence. More exploration upside. 👉Read more:-https://lnkd.in/gPUysA-8 #SGQ #StGeorgeMining #Araxá #RareEarths #Niobium #CriticalMinerals #ASX #MiningStocks #Brazil #REE #NdPr #ResourceGrowth #MiningNews #Exploration #Investing

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