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St George Mining Ltd.
Summary
| Project: | Mt Alexander | |
|---|---|---|
| Deposit: | Investigators | |
| Location: | Australia | |
| Commodities: | Nickel-Copper-Cobalt-PGM-Gold-Silver | |
| Date: | 11/30/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 30-11-2018: St George Mining Ltd. announces an Exploration/Drilling Update report for its Investigators deposit at the Mt Alexander project. Drilling results incl. 8.49m @ 5.78% Ni, 2.64% Cu, 0.18% Co from 183.9m. Emerging Western Australian nickel compan | |
| 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 laboratory assays for the best intercepts to date of nickel-copper sulphides at the Investigators Prospect – the largest of the three nickel-copper sulphide discoveries along the 4.5km strike of the Cathedrals Belt at the Mt Alexander Project. St George Mining Executive Chairman, John Prineas said: “Grade is king in assessing the economic potential of any mining operation, and we are delighted to receive assays for MAD126 and MAD127 which confirm thick intersections of high-grade nickel-copper sulphides. “The grades for nickel, copper and cobalt are terrific and re-affirm the high-value mineralisation that we have in the Cathedrals Belt. “Additionally, it is very satisfying to have these thick high-grade intersections confirm the down plunge component of the mineralisation and further support the increasing potential scale of mineralisation at Investigators. “Interim results from the four drill holes completed in the past week are also very reassuring as to the continuity of mineralisation at Investigators, with all four holes intersecting nickel-copper sulphides. “Drill hole MAD135 was particularly pleasing with the plunge of mineralisation on the MAD60 Line extended to a very impressive 380m with mineralisation open at depth. “With more strong EM conductors ready to drill, we are confident of intersecting further high-grade mineralisation at Investigators where drilling is continuing 24/7.” | |
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