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St George Mining Ltd.
Summary
| Project: | Mt Alexander | |
|---|---|---|
| Deposit: | Cathedrals | |
| Location: | Australia | |
| Commodities: | Nickel-Copper-Cobalt-PGM-Gold-Silver | |
| Date: | 1/9/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 9-1-2018: St George Mining Ltd. announces an Exploration/Drilling Update report for its Cathedrals deposit at the Mt Alexander project. Drilling results incl. 3.28m @ 5.77% Ni, 2.43% Cu, 0.18% Co, 0.38g/t Au, 7.3g/t Ag, 5.05g/t PGEs. St George Mining Limi | |
| 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 laboratory assays have confirmed significant intersections of high grade nickel-copper-cobalt-PGE mineralisation in drill holes completed during November 2017 at the Cathedrals Prospect. MAD66 was drilled to test an off-hole downhole electromagnetic (DHEM) plate in the footwall fault, approximately 80m below the main Cathedrals ultramafic unit. Both drill holes intersected nickel-copper sulphides and successfully extended the known mineralisation at the Cathedrals Prospect, where the ultramafic and the footwall fault are interpreted from drill results to extend for a strike length of 400m. St George Mining Executive Chairman, John Prineas said: “We are very pleased with the high grade nickel, copper, cobalt and PGEs returned in the assays for the latest drilling at the Cathedrals Prospect. “The mineralisation at the Cathedrals Prospect continues to impress with high grades and shallow depths to mineralisation.” Three additional drill holes – MAD67, MAD68 and MAD69 – were completed at the Cathedrals Prospect during November 2017. These drill holes intersected ultramafic and successfully identified the southern extent of the Cathedrals ultramafic. The drill holes did not intersect any significant nickel-copper sulphide mineralisation | |
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