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St George Mining Ltd.
Summary
| Project: | Mt Alexander | |
|---|---|---|
| Deposit: | Investigators | |
| Location: | Australia | |
| Commodities: | Nickel-Copper-Cobalt-PGM-Gold-Silver | |
| Date: | 10/25/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 25-10-2018: St George Mining Ltd. announces an Exploration/Drilling Update report for its Investigators deposit at the Mt Alexander project. pXRF on core results incl. 5.25m @ 8.8% Ni, 4.5% Cu from 185m. Emerging Western Australian nickel company St Georg | |
| 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 an outstanding intersection of 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 intersection in MAD126 is shaping up as our best ever at the Investigators Prospect. “This is a particularly exciting intercept as there are strong conductors located up-dip and down plunge of the massive sulphides identified by MAD126, giving us confidence that drilling will intersect more massive sulphides in what we believe may be a significant channelised flow. ”Our drilling is continuing to scope out the scale of the discovery at Mt Alexander with MAD126 another outstanding result that has extended the footprint of high-grade mineralisation.” Drill hole MAD126 is positioned on the MAD111 Line being drilled at the Investigators Prospect, located on the Cathedrals Belt where exploration by St George has established a 4.5km strike of high-grade nickelcopper sulphide mineralisation. MAD126 was completed to a downhole depth of 209.9m to test EM conductor MAD120b:X1, which was modelled with a conductivity of 210,000 Siemens. Sulphide mineralisation was intersected in MAD126 between 177.5m to 191.87m downhole, including massive sulphides from 185m to 190.25m, in the position modelled by Newexco. MAD126 is down plunge of the previously intersected mineralised ultramafic on the MAD111 Line and confirms a significant 200m down dip extent to the known mineralisation on this line. | |
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