Si6 Metals has completed due diligence and will proceed with the acquisition of around 178km² of Brazilian rare earths and lithium ground, taking a portfolio of 10 tenements in partnership with owner Foxfire Metals, subject to shareholder approval and independent expert review. The tenements form four project areas across three states prospective for lithium, rare earths, gold, base metals and PGEs — four in the Jequitinhonha Valley pegmatite province at the heart of Brazil's lithium reserves, and two in the South Minas Gerais Caldera area neighbouring Meteoric Resources' ionic clay rare earths discovery. Two more sit in the Ceará Pedra Branca region of the Borborema Structural Province adjacent to ValOre Metals' palladium resource, with a final block covering an underexplored 40km² patch of the Southern Amazon near Apuí, where a Foxfire RC hole returned anomalous rare earths from surface through to 88m. Read the full article for executive director Jim Malone on the strategy behind the move and the neighbouring projects framing each area.

Si6 expands Brazilian lithium, rare earths portfolioPerth-based explorer Si6 Metals has moved to acquire about 178 square kilometres of tier-one Brazilian rare earths and lithium ground in that country’s renowned “Lithium Valley”. The company has completed its due diligence on the deal and will proceed with the acquisition of a portfolio of 10 tenements in partnership with the ground’s owner, Foxfire Metals, subject to shareholder approval and independent expert review.https://www.businessnews.com.au/article/Si6-expands-Brazilian-lithium-rare-earths-portfolio