The executive chairman of the company said the grades for nickel, copper and cobalt are terrific and re-affirm the high-value mineralization that St George has in the Cathedrals Belt.
St George Mining Limited (ASX:SGQ) has announced laboratory assays for the best intercepts to date of nickel-copper sulfides at the Investigators prospect – the largest of the three nickel-copper sulfide discoveries along the 4.5km strike of the Cathedrals Belt at the Mt Alexander project in Western Australia.
As highlighted in the press release:
- Assays for MAD126: 7.86m at 5.70 percent nickel, 2.11 percent copper and 0.18 percent cobalt from 184m including the massive sulfide interval of 5.25m at 6.95 percent nickel, 2.67 percent copper and 0.23 percent cobalt from 185m
- Assays for MAD127: 8.49m at 5.78 percent nickel, 2.64 percent copper and 0.18 percent cobalt from 183.9m including the massive sulfide interval of 6.39m at 6.48 percent nickel, 2.77 percent copper and 0.21 percent cobalt from 184.42m
- Values for PGEs in MAD126 and MAD127 are pending completion of fire assays
- All four drill holes completed since the last exploration update have intersected nickel-copper sulfides and confirm extensions to the footprint of high-grade mineralization at Investigators.
- Plunge of mineralization on the MAD60 Line is extended to 380m with MAD135 testing the MAD119:X1 conductor and confirming the continuation of nickel-copper sulfides at depth
Executive chairman of St George Mining, John Prineas said:
“The grades for nickel, copper and cobalt are terrific and re-affirm the high-value mineralization 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 mineralization and further support the increasing potential scale of mineralization at Investigators.”