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St George Mining Ltd.

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Summary

Project:

Mt Alexander

Deposit:Investigators
Location:Australia
Commodities:Nickel-Copper-Cobalt-PGM-Gold-Silver
Date:11/1/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:1-11-2018: St George Mining Ltd. announces an Exploration/Drilling Update report for its Investigators deposit at the Mt Alexander project. pXRF on core results incl. 6.39m @ 8.03% Ni, 5.06% Cu from 184.42m. Emerging Western Australian nickel company St G
Resources:x
CP/QP:[Overall Report]: Benjamin Pollard (Cadre Geology and Mining Pty Ltd.)
ABSTRACT:Emerging Western Australian nickel company St George Mining Limited (ASX: SGQ) (“St George” or “the Company”) is pleased to announce another strike of high-grade massive nickel-copper sulphides at the Investigators Prospect within the Mt Alexander Project, near Leonora in the north-eastern Goldfields. John Prineas, St George Mining’s Executive Chairman, said: “The drilling at Investigators continues to deliver thick intersections of massive nickel-copper sulphides. “Drill hole MAD127 tested the south-west extension of the high-grade mineralisation intersected in MAD126, which we announced last week as our best ever intercept at the Investigators Prospect. “This latest drill hole looks like it will surpass MAD126, with MAD127 delivering the thickest intercept of massive nickel-copper sulphides at Investigators to date. “These drill holes are on the MAD111 Line, which we interpret as being within a channelised lava flow. “With limited drilling on the MAD111 Line and untested EM conductors along strike from these high-grade intercepts, we are confident of discovering more sulphide mineralisation in this channel.” MAD127 was completed to a downhole depth of 210m to test south-west of the massive sulphides intersected in MAD126. Sulphide mineralisation was intersected in MAD127 between 180.37m to 192.99m downhole, including massive sulphides from 184.42m to 190.915m and again from 191.86m to 192.39m.

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