SGQ 6.67% 3.2¢ st george mining limited

Nb-REE Potential

  1. 11,722 Posts.
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    Looking at the WA1 trends and carbonate related Nb-REE mineralisation we could be onto something here.

    If you look at the relationship of the Carbonatite to the major structures, the structures clearly have an impact on mineralisation and the structures basically border the interpreted carbonatite areas below:

    https://hotcopper.com.au/data/attachments/6297/6297738-921f3d90ce110ed1c4a1972f3e92ef64.jpg

    https://hotcopper.com.au/data/attachments/6297/6297755-2f3001fab8c4355c4e064d32fcf1a7c1.jpg
    https://hotcopper.com.au/data/attachments/6297/6297760-a2b31d24a1232386c0a62d8bdd86138f.jpg

    If you look at our C1 target, there is a similar trend going on in the geophysics to the surrounding key geological structures - Ida fault etc as seen below:

    https://hotcopper.com.au/data/attachments/6297/6297748-7dbe5fbf854fc2221afc40718da9b966.jpg
    Obviously existing investors are going to be hesitant after the past few years and lack of results, however if I was a new investor and did not have any prior issues with my capital within this stock, I would definitely be throwing some money into SGQ, knowing how hot the Nb-REE sector is at the moment! Especially at the current low prices!
    Last edited by coto: 09/07/24
 
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