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2.5¢ st george mining limited

Ann: ACQUISITION OF HIGH-GRADE ARAXA NIOBIUM PROJECT, page-98

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kcf

396 Posts.

33

07/08/24

11:43

Post #: 75106555
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Originally posted by JandJ: ↑

So the KNOCKERS say there is a dam nearby, and its a tailings dam covering the SGQ resource.
Here is what I see on Google Earth - Hey that's a lux hotel with water sports and all - swimming in the tailings dam - What!

Now this is a snip from SGQ's presentation of the ARAXA acquisition. Top left arrow points toward the hotel - well away from the high grade Nb and REE drill intercepts on the new project.

Two other arrows show other bodies of water - are they the dreaded tailings dams?

Here is a snip from Google Earth of the dam at the bottom right arrow. Note scale bar at bottom left - the dam is 100m x150m approx. And it's only a flow control dam not a tailings storage, see the outlet channels.

More important see the streaks of black sand which is the REE or Nb minerals just waiting to be mined.

DYOR - listen to the knockers of course, but remember there are others who have a different agenda to that of a genuine investor.

And GL all.

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"Hey that's a lux hotel with water sports and all - swimming in the tailings dam - What!"

So will J.P. and crew be staying there or the 5 star hotels in Rio on the upcoming junkets....?
kcf

SGQ Price at posting: 4.0¢ Sentiment: None Disclosure: Not Held
3 Upvote

0 Great analysis

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