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St George Mining Limited (ASX:SGQ)

ALERT: Price-sensitive ASX Announcement for SGQ
Current share price for SGQ : $0.080 -0.014 (-14.89%)+
Announcement
Release
1 Jul 2026 9:00AM
Price at Release
$0.094
Full Release
download
Summary
The PDF document provides a detailed report on St George Mining Limited's successful exploration activities, focusing on the discovery of high-grade rare earth elements and niobium mineralization from surface at their project site. The report highlights significant drill results, notably from hole AXDD120, which intersected 199.5 meters of mineralization from the surface. These findings suggest a substantial presence of Total Rare Earth Oxides (TREO) and Niobium Pentoxide (Nb2O5), marking the area as a promising target for future exploration and potential extraction operations. The document includes comprehensive assay data, underscoring the high-grade nature of the mineral deposits discovered.
Key Points
  • The document reports significant findings of high-grade rare earth elements (REE) and niobium mineralization.
  • Drill hole AXDD120 shows an intersection of 199.5 meters of REE and niobium mineralization from the surface, highlighting a promising area for further exploration.
  • The results indicate substantial percentages of Total Rare Earth Oxides (TREO) and Niobium Pentoxide (Nb2O5) across various intervals.
  • St George Mining Limited is actively engaged in exploring and developing its mineral resource projects.
  • The exploration activities focus on surface mineralization to maximize the potential for economically viable extraction.
  • The document provides detailed assay results for multiple drill holes, emphasizing the high-grade nature of the discoveries.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.