STAG Brazil exploration licenses STAG.c announced the closing of eight Brazilian exploration licenses (6 for lithium, 2 for REE). These licenses are in a great location, close to Sigma's property which is set to make its first shipment of spodumene concentrate in April of 2023 and could become one of the largest and greenest lithium operations in the world. Here's a few more details:
- Portfolio total 12,315 hectares
- Three lithium licenses lie within the highly prospective Minas Gerais state, 38 km east of Sigma's properties
- Initial exploration at Minas Gerais licenses confirmed pegmatite outcropping and historic mine workings
Look out for results at these licenses which are expected in Q1 -
Proximity to multiple high grade lithium discoveries is just one of the many reasons to look out for STAG's Brazil properties.