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colitco · 9 days ago
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📢 ST GEORGE MINING (ASX: SGQ) UNLOCKS ONE OF THE WORLD’S LARGEST RARE EARTHS RESOURCES – AS GLOBAL SUPPLY PRESSURE INTENSIFIES
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With China tightening its grip on rare earth exports, St George Mining (ASX: SGQ) is stepping into the spotlight with a game-changing asset that could reshape global supply dynamics.
Its 100%-owned Araxá Project in Brazil hosts a massive JORC Resource of 40.64Mt @ 4.13% TREO, including 320,000t of NdPr – a magnet metal critical to EVs, wind turbines, and defence systems.
Here’s why Araxá is drawing serious attention: ✅ High-grade from surface – ideal for low-cost mining ✅ Tier-1 location – with infrastructure and industry partnerships ✅ Part of MAGBRAS – Brazil’s first permanent magnet-making initiative with Stellantis ✅ Expansion upside – drilling to test depth extensions begins soon
⚒️ Development Roadmap – 2025:
Drilling expansion campaign imminent
Flow sheet and metallurgical studies underway
Collaborations across Brazil’s rare earths ecosystem
🗣️ John Prineas, Executive Chairman, says: “China’s tightened controls over rare earth exports have exposed the risks of single-source supply chains. Our Araxá Project stands out as a sustainable, high-grade alternative that can support global industries dependent on these critical materials.”
🏅 Why investors are watching:
Araxá stacks up with industry giants like Lynas, MP Materials, and Arafura
Brazil is rising as a global rare earths hub – and St George is leading the charge
Resource is open at depth – more upside to come
🧭 Next Steps: St George kicks off its next drilling phase in the coming weeks, aiming to unlock deeper mineralisation and refine plans for downstream processing with MAGBRAS and other partners.
📈 Investor Outlook: With strategic metals, growing geopolitical demand, and alignment with Brazil’s national priorities, SGQ offers early exposure to a rare earths asset with global relevance.
ASX: SGQ last traded at A$0.020.
🔗 A must-read for anyone following critical minerals or supply chain geopolitics – tap here for the full update. Read more :-https://colitco.com/st-george-minings-araxa-project-emerges-as-a-strategic-rare-earths-asset/
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colitcollp · 2 months ago
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Challenger Gold Accelerates Towards High-Grade Production with Toll Milling Start
Challenger Gold Limited (ASX: CEL) (OTCQB: CLLEF) is making significant strides in the Australian gold exploration sector, with its flagship Hualilan Gold Project in Argentina advancing towards near-term production. The company’s strategic initiatives are driving value creation, with an optimized mine schedule that enhances processing grades and accelerates the path to gold production.
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Challenger Gold’s commitment to advancing Hualilan through optimized mine planning, toll milling, and a rapid PFS underscores its focus on becoming a leading high-grade gold producer. With key milestones on the horizon, the company is well-positioned to unlock significant value and establish itself as a key player in the Australian gold exploration and production landscape.
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hebe-autochd · 6 years ago
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colitco · 1 month ago
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🚨 Impact Minerals Identifies High-Priority Nickel-Copper-PGE Drill Targets at Caligula Prospect 🚨
Impact Minerals Limited (ASX: IPT) has unveiled significant nickel-copper-PGE sulphide drill targets at the Caligula Prospect, part of its 100%-owned Arkun Project, located 150 km east of Perth in Western Australia.
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📌 Key Highlights
✅ Compelling Geochemical Anomaly – Infill soil assays have defined a robust nickel-palladium-gold-chrome-cobalt anomaly, indicative of magmatic sulphide systems akin to Chalice Mining’s Gonneville deposit (ASX: CHN).
✅ Drill-Ready Conductors Identified – The anomaly aligns directly with a strong MMT conductor and an airborne EM anomaly, presenting high-priority drill targets.
✅ EIS Grant Support – A $180,000 co-funding grant from the WA Government’s Exploration Incentive Scheme will underpin the upcoming Q2 drill program.
✅ Strategic Geological Setting – The Caligula anomaly sits within a magnetic-gravity “eye” feature, similar to structural settings seen at world-class deposits like Nova-Bollinger (ASX: IGO).
📊 Investor Outlook
As global demand intensifies for critical minerals in support of electrification and clean energy transitions, Impact Minerals is strategically positioned to deliver substantial value. The Caligula targets are comparable to tier-one discoveries, offering upside potential through early-stage exploration success.
The company’s advancing Lake Hope High Purity Alumina PFS, combined with this exciting drill campaign, places IPT in a strong position to re-rate on exploration success and resource definition.
💬 Managing Director Dr Mike Jones commented:
“We’re excited to drill this high-potential target, which has all the hallmarks of a major discovery. The alignment of geochemical anomalies with powerful geophysical signatures gives us strong confidence in what lies beneath.”
💲 Share Price: $0.0070
🔗 Read the full update: ASX:IPT - Major drill targets identified at the Caligula Prospect
⚠️ This is not investment advice. Please conduct your own due diligence before making investment decisions.
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colitco · 1 month ago
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🚨 Patriot Lithium Exercises Option at Kitumba Copper Project 🚨
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Patriot Lithium Limited (ASX: PAT) has formally exercised its option to acquire the Kitumba 27715 Copper Project in Zambia—marking a significant step in its strategy to secure high-grade copper assets within the prolific Mumbwa Copper Region. Early-stage exploration results have been encouraging, with grab samples returning up to 2.46% Cu, and an average grade of 1.23% Cu. 🏗️🔍
📌 Key Updates
✅ Option Exercised – The acquisition of Kitumba 27715 is now secured, reinforcing Patriot’s expansion into a highly prospective copper district. ✅ High-Grade Copper Confirmed – Initial sampling results highlight robust mineralisation, validating the project's exploration potential. ✅ Strategic Location – The project borders Sinomine Group’s Kitumba Copper Deposit, which is backed by a US$600 million investment as it moves toward production. ✅ Next Steps – Patriot will seek shareholder approval to issue 2 million shares to complete the transaction, with further exploration programs planned.
📌 Project Overview
Kitumba 27715 spans 255 km² and sits within a large-scale iron oxide copper-gold (IOCG) alteration system. The area is underpinned by major structural corridors, well-known for hosting significant copper-gold mineralisation. Follow-up exploration and drilling campaigns are in the works to assess commercial viability.
📊 Market Outlook
As global copper demand accelerates amid the clean energy transition, Kitumba 27715 is strategically positioned to contribute to future supply. Copper prices remain resilient, underpinned by trends in electrification, renewable infrastructure, and battery technologies. ⚡🌏
💰 Investor Update
Patriot Lithium will seek shareholder approval for the issuance of 2 million shares to finalise the acquisition. The company continues to deliver on its growth strategy through selective acquisitions and exploration in high-impact mineral jurisdictions. 📈💎
💲 Share Price: $0.042 📈 Market Cap: $5,309,555 📊 52-Week Range: $0.030 – $0.115
🔗 Read the full update here: https://api.investi.com.au/api/announcements/pat/daea607d-276.pdf
⚠️ This is not investment advice. Please conduct your own research before making any investment decisions.
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ppedistributors · 5 years ago
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hebe-autochd · 6 years ago
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hebe-autochd · 6 years ago
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