SGQ 6.45% 3.3¢ st george mining limited

Ann: St George Advances Niobium-REE Target, page-9

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  1. 1,830 Posts.
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    C1 definitely looks the standout feature of the 6 carbonatite prospective targets. Actually most of them look like duds apart from C3 which may have some potential also.
    To narrow down a target like C1 is a good thing, less money to spend and more focus and resources put into one particular target in a timely manner. It certainly is in the right position near the IDA fault to possibly contain significant mineralization.
    We only need to have a look at WA1 to see where a REE discovery in WA can take an ASX listed stock.
    The fact that we have already drilled REE nearby is also highly encouraging.
    Not holding my breath but this could actually turn out to be very good for  shareholders.

    Screenshot_2024-06-03-07-44-08-86_e2d5b3f32b79de1d45acd1fad96fbb0f.jpg
 
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