Auger Drill Program to Commence over ConfirmedSaprolite...

Auger Drill Program to Commence over Confirmed
Saprolite Clay-Hosted REE at Poços de Caldas
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Key Highlights
• Initial surface sampling program at the Caldera Project along the contact zone of
the Poços de Caldas Alkaline Complex has confirmed saprolite clay-hosted Rare
Earth Element (REE) mineralisation
• Total rare earth oxide (TREO) results up to 933 ppm with an average of 24% high
value magnet rare earth oxide (MREO/TREO)
• Auger drill program commencing to test saprolite clays at depth, where highergrade REE mineralisation is usually intersected with this style of deposit
Si6 Metals Limited (“Si6” or “the Company”, ASX: Si6) is pleased to announce highly encouraging
surface sample results from 16 soil and channel samples and 3 rock chips at the Caldera Project on
the edge of the Poços de Caldas Alkaline Complex, Minas Gerais. Results have confirmed saprolite
clay-hosted rare earth elements (REE) mineralisation, with all samples returning elevated REE up to
933ppm total rare earth oxide (TREO).
Managing Director, Jim Malone commented,
"We are delighted to receive the first results from our initial exploration program at the Caldera
Project’s southern prospect (Andradas) at the highly prospective Poços de Caldas Alkaline
Complex in Minas Gerais. These results provide a strong level of encouragement that the
Caldera Project can follow the exploration success of neighbouring companies such as
Meteoric Resources and Viridis Mining. We are now preparing an immediate auger drilling
program to test the upper portion of the clay profile for the extent of the REE mineralisation.”