Si6 Metals (ASX: SI6) has received shareholder approval to acquire a 50% interest in four Brazilian projects from Melbourne-based private company Foxfire Metals, covering more than 17,000 hectares across three states and prospective for lithium, rare earths, gold, base metals and PGEs. Si6 has committed to spend $1 million in the first year of the joint venture, with Foxfire free carrying the assets through to completion of a bankable feasibility study. First work will be at the Caldera rare earths project in Minas Gerais — field reconnaissance, mapping and soil sampling to generate targets for later auger drilling — with the Lithium Valley licences to follow in early 2024. Read the full article for managing director Jim Malone's take on both project areas and where they sit relative to nearby discoveries.

Si6 sees new horizon with Brazil acquisitionSi6 Metals (ASX:SI6) has received shareholder approval to acquire a 50% interest in 4 projects in Brazil from Melbourne-based privately held company Foxfire Metals.  The $8.97 million market capitalisation company has committed to spend $1 million in the first year of the joint venture (JV) with Foxfire, while Foxfire will free carry the assets until […]https://mining.com.au/si6-sees-new-horizon-with-brazil-acquisition/