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St George Mining Ltd.
Summary
| Project: | Mt Alexander | |
|---|---|---|
| Deposit: | Cathedrals, Investigator | |
| Location: | Australia | |
| Commodities: | Nickel-Copper | |
| Date: | 5/19/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 19-5-2017: St George Mining Ltd. announces an Exploration/Drilling Update report for its Cathedrals, Investigator deposit at the Mt Alexander project. pXRF analysis shows 0.31m of readings averaging 9.2% Ni, 4.5% Cu from 197.25m. St George Mining Limited | |
| 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 provide an update on the drilling and other exploration programmes underway at the Mt Alexander Project in Western Australia. At the Investigators Prospect, further nickel-copper sulphides have been intersected in the latest diamond drill holes completed there. Drilling results continue to identify new mineralised zones at Investigators and provide a vector for further drilling. The drill rig has now mobilised to the Cathedrals East Prospect for the first ever drilling in the potential eastern extension of the Cathedrals Belt. The drill target is a late-time SAMSON conductor associated with a prominent magnetic anomaly located 8.8km east of the Cathedrals Prospect. St George Mining Executive Chairman, John Prineas said: “The drill results at Investigators continue to identify high grade mineralisation at this underexplored prospect. We expect strong follow-up drill targets once the DHEM surveys and geological modelling are completed. “We are excited to be carrying out the first ever drilling at our 100% owned Cathedrals East Prospect. “The discovery of mineralised ultramafics in this new area would be a major milestone for the Mt Alexander Project.” | |
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