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St George Mining Ltd.
Summary
| Project: | Mt Alexander | |
|---|---|---|
| Deposit: | Radar | |
| Location: | Australia | |
| Commodities: | Nickel-Copper | |
| Date: | 9/2/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 2-9-2019: St George Mining Ltd. announces an Exploration/Drilling Update report for its Radar deposit at the Mt Alexander project. XRF results on drill core incl. 1.55m @ 5.48% Ni, 1.77% Cu. Growth-focused Western Australian nickel company St George Minin | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Dave O'Neill (Internal) | |
| ABSTRACT: | Growth-focused Western Australian nickel company St George Mining Limited (ASX: SGQ) (“St George” or “the Company”) is pleased to announce a new discovery of high-grade nickel-copper sulphides at its flagship Mt Alexander Project, located in the north-eastern Goldfields. MAD152 is the first drill hole at the newly named Radar Prospect and intersected nickel-copper sulphide mineralisation between 44.2m and 51.7m downhole including intervals of massive nickel-copper sulphides. The hole was drilled to test a new EM conductor identified by EM surveys completed by St George earlier this month. The conductor was initially detected by a Moving Loop EM (MLEM) survey. An optimised follow-up Fixed Loop EM (FLEM) survey confirmed a late-time anomaly, which was modelled with a conductivity of 35,000 Siemens and at a depth of approximately 50m. A DHEM survey will be completed in MAD152 next week to identify extensions of mineralisation around the hole and to plan follow-up drilling. The significant intersection in MAD152 represents a new discovery in an unexplored section of the Cathedrals Belt and is important for a number of reasons | |
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