St George Mining Reports 57% Increase in Brazil Project Mineral Resource; Shares Jump 6%

MT Newswires Live08-11

St George Mining (ASX:SGQ) reported a 57% increase in the total mineral resource estimate (MRE) for its Araxá Project in Brazil to 111.2 million tonnes at 3.6% total rare earth oxide (TREO) and 0.6% niobium pentoxide, according to a Tuesday Australian bourse filing.

The company said the measured and indicated resource stands at 75 million tonnes at 0.6% niobium pentoxide for 435,000 tonnes of contained niobium pentoxide, comprising 68% of the total MRE, with the updated MRE including a higher-grade subset of 830,000 tonnes of TREO above 6.3% grade and 120,000 tonnes of niobium pentoxide with grades above 0.9%.

The higher-grade subset provides optionality for mine scheduling, including targeting high-grade zones in initial years of potential mining, with the East Araxá discovery not yet included in the new MRE and five diamond rigs operating to deliver a maiden resource estimate in the fourth quarter of 2026, the filing added.

The mining exploration company's shares jumped past 6% in recent Tuesday trade.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2658968416?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-08-11 08:31","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2658968416","market":"hk","top_or_hot":-1,"title":"St George Mining Reports 57% Increase in Brazil Project Mineral Resource; Shares Jump 6%","media":"MT Newswires Live","content":"<html><body><p> <a href=\"https://laohu8.com/S/SGQ.AU\">St George Mining</a> (ASX:SGQ) reported a 57% increase in the total mineral resource estimate (MRE) for its Araxá Project in Brazil to 111.2 million tonnes at 3.6% total rare earth oxide (TREO) and 0.6% niobium pentoxide, according to a Tuesday Australian bourse filing.</p><p>The company said the measured and indicated resource stands at 75 million tonnes at 0.6% niobium pentoxide for 435,000 tonnes of contained niobium pentoxide, comprising 68% of the total MRE, with the updated MRE including a higher-grade subset of 830,000 tonnes of TREO above 6.3% grade and 120,000 tonnes of niobium pentoxide with grades above 0.9%.</p><p>The higher-grade subset provides optionality for mine scheduling, including targeting high-grade zones in initial years of potential mining, with the East Araxá discovery not yet included in the new MRE and five diamond rigs operating to deliver a maiden resource estimate in the fourth quarter of 2026, the filing added.</p><p>The mining exploration company's shares jumped past 6% in recent Tuesday trade.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>St George Mining Reports 57% Increase in Brazil Project Mineral Resource; Shares Jump 6%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSt George Mining Reports 57% Increase in Brazil Project Mineral Resource; Shares Jump 6%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-08-11 08:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> <a href=\"https://laohu8.com/S/SGQ.AU\">St George Mining</a> (ASX:SGQ) reported a 57% increase in the total mineral resource estimate (MRE) for its Araxá Project in Brazil to 111.2 million tonnes at 3.6% total rare earth oxide (TREO) and 0.6% niobium pentoxide, according to a Tuesday Australian bourse filing.</p><p>The company said the measured and indicated resource stands at 75 million tonnes at 0.6% niobium pentoxide for 435,000 tonnes of contained niobium pentoxide, comprising 68% of the total MRE, with the updated MRE including a higher-grade subset of 830,000 tonnes of TREO above 6.3% grade and 120,000 tonnes of niobium pentoxide with grades above 0.9%.</p><p>The higher-grade subset provides optionality for mine scheduling, including targeting high-grade zones in initial years of potential mining, with the East Araxá discovery not yet included in the new MRE and five diamond rigs operating to deliver a maiden resource estimate in the fourth quarter of 2026, the filing added.</p><p>The mining exploration company's shares jumped past 6% in recent Tuesday trade.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7095","symbol_name":"多种金属与采矿","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2658968416","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2658968416","pubTimestamp":1786408306,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"St George Mining  reported a 57% increase in the total mineral resource estimate  for its Araxá Project in Brazil to 111.2 million tonnes at 3.6% total rare earth oxide  and 0.6% niobium pentoxide, according to a Tuesday Australian bourse filing.The company said the measured and indicated resource stands at 75 million tonnes at 0.6% niobium pentoxide for 435,000 tonnes of contained niobium pentoxide, comprising 68% of the total MRE, with the updated MRE including a higher-grade subset of 830,000 tonnes of TREO above 6.3% grade and 120,000 tonnes of niobium pentoxide with grades above 0.9%.The higher-grade subset provides optionality for mine scheduling, including targeting high-grade zones in initial years of potential mining, with the East Araxá discovery not yet included in the new MRE and five diamond rigs operating to deliver a maiden resource estimate in the fourth quarter of 2026, the filing added.The mining exploration company's shares jumped past 6% in recent Tuesday trade.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7095":"多种金属与采矿","MRE.AU":"Metrics Real Estate Multi-Strategy Fund","SGQ.AU":"ST GEORGE MINING LTD","EWZS":"MSCI巴西小盘股ETF-iShares","BK4141":"半导体产品","MMAT":"Meta Materials Inc."},"translate_title":"圣乔治矿业报告巴西项目矿产资源增加 57%；股价上涨 6%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"EWZS":1.5,"MMAT":1.5,"SGQ.AU":1,"MRE.AU":1},"content_text":"St George Mining (ASX:SGQ) reported a 57% increase in the total mineral resource estimate (MRE) for its Araxá Project in Brazil to 111.2 million tonnes at 3.6% total rare earth oxide (TREO) and 0.6% niobium pentoxide, according to a Tuesday Australian bourse filing.The company said the measured and indicated resource stands at 75 million tonnes at 0.6% niobium pentoxide for 435,000 tonnes of contained niobium pentoxide, comprising 68% of the total MRE, with the updated MRE including a higher-grade subset of 830,000 tonnes of TREO above 6.3% grade and 120,000 tonnes of niobium pentoxide with grades above 0.9%.The higher-grade subset provides optionality for mine scheduling, including targeting high-grade zones in initial years of potential mining, with the East Araxá discovery not yet included in the new MRE and five diamond rigs operating to deliver a maiden resource estimate in the fourth quarter of 2026, the filing added.The mining exploration company's shares jumped past 6% in recent Tuesday trade.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.47.1","shortVersion":"4.47.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2658968416","isCrawlerRequest":true}