St George Mining Confirms Drill Targets at Mt Alexander Project

Base Metals Investing

St George Mining Ltd. (ASX:SGQ) announced that it’s confirmed drill-ready targets with “outstanding potential for further discoveries of massive nickel-copper sulphide mineralisation.” The company confirmed the targets through its ongoing review of data on the Mt Alexander project.

St George Mining Ltd. (ASX:SGQ) announced that it’s confirmed drill-ready targets with “outstanding potential for further discoveries of massive nickel-copper sulphide mineralisation.” The company confirmed the targets through its ongoing review of data on the Mt Alexander project.
Highlights include:

  • Several untested and drill‐ready electromagnetic (EM) conductors identified at both the Cathedrals and Stricklands Prospects are exceptional targets for further massive nickel‐copper sulphide mineralisation
  • The fertile ultramafic at Cathedrals and Stricklands is interpreted to extend for a total strike length of 1.5km with potential for multiple nickel sulphide deposits
  • Strong exploration potential emerging across the broader project area
  • 2016 drill programme being finalised

John Prineas, executive chairman of St George Mining, commented:

Our review of the project data has re‐enforced our assessment that Mt Alexander has significant exploration upside. In addition to the walk‐up drill targets at Cathedrals and Stricklands, there is also a tremendous pipeline of targets emerging across the broader project area.
We are increasingly confident that our upcoming drill programme will result in further discoveries of massive nickel‐copper sulphides.

Click here to read the full St George Mining Ltd. (ASX:SGQ) press release.

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