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Si6 Metals has secured a second license at its JV Caldera rare earths project in the mining region of Minas Gerais in Brazil and will charge a drill-rig into the area to kick-off its latest program. The newly granted land borders that of Meteoric Resources exciting Caldeira rare earths project, where high-grade ionic-clay rare earths have been discovered at grades that are
Si6 Metals has received the green light from shareholders to acquire a 50 per cent share in four Brazilian projects covering 10 exploration licenses and form a joint venture with seller Foxfire Metals. The purchase will see the company pick up the half share in tenements covering 17,000 hectares across three Brazilian States prospective for lithium, rare earths, gold, base
Junior mining exploration company Meteoric Resources (ASX: MEI) moved into rare earth elements in December 2022, and the stock price has been on fire since.
Viridis Mining & Minerals (ASX:VMM) has selected a drilling contractor to commence maiden exploration at its Colossus project in Brazil.
Si6 Metals has promoted its executive director Jim Malone to managing director as the company matures rare earths and lithium projects in Brazil, in addition to other operations in Botswana and Australia.