St George Expands Araxá Rare Earths and Niobium Program

St George Mining (ASX:SGQ) has reported a string of high-quality drilling results at the Araxá rare earths and niobium project in Brazil, delivering thick, near-surface intercepts that are expected to expand the Mineral Resource Estimate (MRE).

Diamond drilling has produced multiple substantial intercepts, including a new standout result of 139.45 metres from surface, reinforcing continuity of high-grade REE and niobium mineralisation along strike. Additional assays have identified high-grade niobium beyond the current MRE footprint, highlighting upside to resource boundaries.

Management is prioritising rapid access to high-value mineralisation, progressing studies aimed at an open-pit development to shorten lead times to potential production. A recently announced US–Brazil strategic alliance underscores growing interest in securing REE supply chains and advancing project de-risking.

The company continues an aggressive exploration program focused on resource definition and expansion, with further drilling planned to convert extensional intercepts into classified resources. Market indicators show active trading and investor attention as technical results accumulate.