For thousands of other reports visit RSC's Mineral Intellingence Map
St George Mining Ltd.
Summary
| Project: | Mt Alexander | |
|---|---|---|
| Deposit: | Stricklands, Investigators | |
| Location: | Australia | |
| Commodities: | Nickel-Copper-PGM | |
| Date: | 10/21/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 21-10-2019: St George Mining Ltd. announces an Exploration/Drilling Update report for its Stricklands, Investigators deposit at the Mt Alexander project. Drilling results incl. 5m @ 2.97% Ni, 1.04% Cu, 1.02g/t PGEs from 83m. Growth-focused Western Austral | |
| 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 that drilling has established further significant extensions of highgrade mineralisation at its flagship Mt Alexander Project, located in the north-eastern Goldfields. John Prineas, St George Mining’s Executive Chairman, said: “Step-out drilling continues to deliver excellent results across our Mt Alexander Project with more hits of high-grade mineralisation both down-plunge and along strike of the known shallow nickel-sulphide deposits. “The down-plunge extensions are all pointing in the same north-northwest direction, giving weight to the geological model that there may be a larger, intrusive-style nickel sulphide deposit at depth. “Field activities continue in full swing with diamond drilling 24/7, downhole EM surveys underway and further surface EM surveys about to resume. A second drill rig is also scheduled to arrive soon. “We will continue to test the down-plunge extensions at Investigators and Stricklands and are also excited to be escalating drilling at the new targets at Radar, Bullets and Fish Hook.” Figure 1 is a plan view map of Investigators East and Stricklands, where MAD166 and MARC128 were drilled. The mineralised ultramafic units plunge towards the north-northwest at 30-40 degrees. The shallow nickel-copper sulphide deposits that start 30m from surface are highlighted in Figure 1. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report