St George to Acquire Advanced High-Grade Araxa Niobium Project in World’s Leading Niobium Producing Address

Highlights

Drilling by previous explorers at the Project has confirmed significant niobium and rare earths element (REE) mineralisation – see Tables 1, 2 and 3.

Table 1: Historical high-grade niobium drill intercepts at Araxá include (cut-off grade of 1% Nb₂O₅)¹:

The intercepts in Tables 1 and 2 have been selected to demonstrate, respectively, the outstanding prospectivity for near-surface high-grade niobium and TREO mineralisation at the Project. For a full list of significant historical drill results, see Table 3 at the end of this ASX Release.

The historical drill results use categories of mineralisation consistent with those defined in the 2012 JORC Code. These results confirm the presence of high-grade niobium and REE mineralisation, providing St George with a strong platform to expand the mineralised footprint at the Project with further drilling.

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