St George: Downhole EM Surveys Light Up Strong Conductors at Investigators Prospect

- October 4th, 2018

The company said that DHEM surveys of other recently completed drill holes is continuing.

St George Mining (ASX:SGQ) has announced exciting results from the DHEM surveys carried out in a number of the recently completed drill holes at the Mt Alexander project, located near Leonora in the north-eastern Goldfields of Western Australia.

As highlighted in the press release:

  • Downhole electromagnetic (DHEM) surveys in the recently completed drill holes at Investigators have identified strong off-hole conductors that are consistent with a massive sulphide source
  • Surveys in MAD116 and MAD118 result in the re-interpretation of conductor MAD111:X1 as three strong conductive sources with three new targets modelled for drilling: Conductor MAD116:X1 with conductivity of 208,000 Siemens and located to the north of MAD116 and MAD118,  Conductor MAD116:X2 with conductivity of 188,000 Siemens and located to the south of MAD116 and MAD118, Conductor MAD116:XXX with conductivity of 250,000 Siemens and located in a possible shear zone between MAD116 and MAD118
  • Survey in MAD120b identifies a strong off-hole conductor, named MAD120b:X1, trending in a westerly down-dip direction with modelled conductivity of 210,000 Siemens
  • The new conductors are located down plunge of the previously intersected mineralized ultramafic on the MAD111 section indicating the potential for a significant extension to the known mineralization at Investigators
  • Drilling of the new conductors is scheduled to commence later this week
  • DHEM surveys of other recently completed drill holes is continuing

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

Is the nickel market a safe place to invest?

 
Read our FREE outlook report on nickel investing
 

Get the latest Australia Investing stock information

Get the latest information about companies associated with Australia Investing Delivered directly to your inbox.

Australia Investing

Select None
Select All

Leave a Reply

Your email address will not be published. Required fields are marked *