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St George Mining Ltd.
Summary
| Project: | Mt Alexander | |
|---|---|---|
| Deposit: | Cathedrals | |
| Location: | Australia | |
| Commodities: | Nickel-Copper | |
| Date: | 5/5/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 5-5-2017: St George Mining Ltd. announces an Exploration/Drilling Update report for its Cathedrals deposit at the Mt Alexander project. XRF analysis shows 4.00m of sulphides with spot XRF readings averaging 9.5% Ni, 4.1% Cu. St George Mining Limited (ASX | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Matthew McCarthy (Internal) | |
| ABSTRACT: | St George Mining Limited (ASX: SGQ) (‘St George Mining’ or ‘the Company’) is pleased to announce that further massive nickel-copper sulphides have been intersected at the Cathedrals Prospect which is currently being drilled at the Mt Alexander Project in Western Australia. Four new drill holes have been completed at the Cathedrals Prospect, where shallow high-grade nickelcopper-PGE sulphides have previously been intersected. All four drill holes - MAD53, MAD54, MAD55 and MAD56 - have successfully intersected mineralised ultramafic. St George Mining Executive Chairman, John Prineas said: “We continue to grow the value at Mt Alexander with additional massive sulphides intersected by drilling that tested for extensions of known high grade mineralisation at Cathedrals. “What is particularly pleasing is that the nickel and copper values, as well as the thickness of mineralisation, in these new drill holes are similar to or even better than those already intersected at Cathedrals.” The new significant intersections have extended and confirmed previous high grade massive nickel-copper sulphides discovered by MAD12, MAD13 and MAD35. These new results support the potential for continuity of the high grade mineralisation at the Cathedrals Prospect where most EM conductors have previously only been tested by one drill hole. | |
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