#interimreport

[colitco]

📢 ST GEORGE MINING LTD Powers Ahead with Transformational Growth & Global Partnerships ⚒🌍

St George Mining Ltd (ASX: SGQ) has delivered a transformational half-year, marked by the strategic acquisition of the world-class Araxá Niobium-REE Project in Brazil, major capital raisings, and global development partnerships — paving the way for a new era of growth and value creation.

🔍 Principal Activities:

Focused on mineral exploration and development, with a strengthened focus on critical minerals including niobium, REEs, lithium, and gold.

📌 Review of Operations Highlights:

• 🌎 Araxá Niobium-REE Project acquisition completed (Feb 2025) — adjacent to CBMM, the world’s largest niobium operation

• 💸 $20M capital raising completed to fund acquisition and 2025 work program

• 🛠 Drilling program (5,000m) commencing March 2025, with maiden JORC Resource to follow

• ⚗ Metallurgical testing and feasibility studies underway

• 🤝 MoUs secured with:

  ✔ Xinhai Mining (EPC + A$8M equity investment)

  ✔ SKI Hong Kong & Fangda Group (offtake & development)

  ✔ State of Minas Gerais Government (development facilitation)

• 👥 Appointed elite Brazil-based niobium team incl. former CBMM executives & ex-Mines Minister Adolfo Sachsida (Advisor)

💼 Lithium Star JV & Mt Alexander Gold Exploration:

• ✅ Progress at Myuna Rocks, Bunningonia, Lindville & Split Rocks

• ✅ Gold pathfinder anomalies identified at Mt Alexander; further sampling and drilling planned

💰 Capital Raisings (H1 FY2025):

• Aug 2024: $2.5M placement

•  Dec 2024: $3M placement + options

•  Jan 2025: $20M placement to fund Araxá acquisition and workstreams

📈 “St George is transitioning into a global niobium-REE developer with strategic partnerships, a world-class project pipeline, and a clear vision to deliver shareholder value,” said Executive Chairman John Prineas.

📍Read More: https://www.stgm.com.au/pdf/e9c303d4-cfee-465c-bd2b-1566c41b5ce5/Half-Yearly-Report.pdf

⚠ This update is based on the official Interim Financial Report. Not investment advice—please do your own research.

#StGeorgeMining #ASXSGQ #InterimReport #Niobium #RareEarths #AraxáProject #CriticalMinerals #BrazilMining #LithiumExploration #GoldExploration #GlobalPartnerships #MiningNews #JuniorMiners #CleanEnergyMetals #Metallurgy #JORCResource #ExplorationUpdate #ASXUpdate #InvestorInsights #MiningDevelopment #StrategicGrowth

[colitco]

📢 Patriot Lithium Delivers Interim Report, Doubles Down on High-Grade Copper in Zambia

Patriot Lithium Limited (ASX: PAT) has released its Interim Financial Report for the half-year ended 31 December 2024, underscoring a strategic pivot towards high-grade copper exploration in Zambia. The company continues to rationalise its portfolio while sharpening its focus on value-accretive assets.

💰 Financial Highlights:

✅ Cash reserves: $960K (as at 31 December 2024) ✅ $887K invested in copper and lithium exploration ✅ Strategic shift: Divesting non-core assets to pursue high-potential copper projects

🔍 Operational Highlights:

✅ New Copper Licences Acquired – Chimban (33587), CBR (33585) and Mirkal (32052), bolstering the Mumbwa copper portfolio ✅ Kitumba Project Advantage – Located near Sinomine’s Kitumba Copper Mine with existing infrastructure ✅ Katwaro Discovery – Assays return 4.45% Cu and 2.59 g/t Au over 2.0m; prioritised for upcoming drilling ✅ Portfolio Streamlined – Jisanshi (30424) option terminated to redirect capital towards higher-impact targets ✅ Exploration Team Enhanced – Senior Geologist Eugene Gotora joins to lead Zambian programs

📈 Investor Outlook

Copper markets remain robust, buoyed by global electrification and the clean energy transition. With a structural deficit forecast to persist through 2025, Patriot’s renewed copper focus positions it to capture long-term upside. The company’s high-grade Zambian assets and lean strategy signal strong growth potential ahead.

Current share price: $0.042 (ASX: PAT)

🔗 View Full Report & ASX Release: https://api.investi.com.au/api/announcements/pat/09f925a9-374.pdf

⚠️ This is not financial advice. Please undertake your own due diligence before making investment decisions.

[nxpclab]

Interim Report edition2 | After Movie