St George Expands Araxá Rare Earths and Niobium Program
MiningJan 26, 2026
United States | South America
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.
St George Mining Limited (ASX:SGQ) is a West Perth-based exploration company targeting critical minerals like niobium, rare earths, lithium, nickel, and copper. Key assets include the Araxá Project in Brazil—acquired in 2025 with a maiden resource of 41.2 Mt at 0.68% Nb2O5 and 40.6 Mt at 4.13% TREO—and Western Australia's Mt Alexander project.