Si6 Metals commences new drill program at Caldera Project licence

Si6 Metals Limited (ASX: $SI6) has announced the granting of license 830.892/2023, the second of two Caldera Project licenses, located in the Poços de Caldas Alkaline Complex, Minas Gerais. The company is set to commence a drill program over the entire license area, running concurrently with the drill program in progress at the south Caldera Project license.

Executive Commentary on New Drill Program

We are delighted that our second license at the Caldera Project has now been granted, allowing us to commence a second exploration program at this highly prospective rare earth elements region. This license sits inside the highly prospective Poços de Caldas Alkaline Complex in Minas Gerais and abuts Meteoric Resources' project areas where we aim to replicate their exploration success. We are sending a second drill rig to run this program, demonstrating our plan to aggressively explore our strategically acquired projects in Brazil. We look forward to keeping shareholders updated with results from the two running programs at our Caldera Project and additional forthcoming exploration plans.

Summary of Si6 Metals Announcement

Si6 Metals Limited (ASX: $SI6) has commenced a new drill program at the granted license 830.892/2023, part of the Company's Caldera Project in Minas Gerais. The program will cover the entire license area and run concurrently with the drill program in progress at the south Caldera Project license. The Company aims to explore rare earth elements in the highly prospective Poços de Caldas Alkaline Complex and replicate the exploration success of adjacent projects. Si6 Metals is focused on aggressively exploring its strategically acquired projects in Brazil and looks forward to updating shareholders with the results from the ongoing programs and forthcoming exploration plans.