St George: Strong Results at Mt Alexander

Western Australian nickel company St George Mining (ASX:SGQ) is pleased to announce further strong exploration results from the drill program underway at the Mt Alexander project, located near Leonora in the north-eastern Goldfields.

According to the release. MAD108 was the first drill hole to be completed in the current drill program, and tested conductor MAD98:X1 which was modelled with a very strong conductivity/thickness of 67,000 Siemens. Modelling by Newexco also indicated that the conductor would be intersected at 205m downhole.

As highlighted in the press release:

• Assays for MAD108 at Investigators confirm a wide intercept of high-grade nickel-copper-cobalt-platinum group elements (PGE) with: 8.4m at 2 percent nickel, 0.96 percent copper, 0.06 percent cobalt, 2.59 grams per tonne (g/t) total PGEs from 199m, including 1.37m at 6.83 percent nickel, 2.88 percent copper, 0.21 percent cobalt, 5.58 g/t total PGEs from 206.03m
• MAD108 has increased the down plunge of mineralization on the MAD60 section to 320 metres with further step-out drilling in the down dip direction underway
• Testing of conductor MAD111:X1 at Investigators continues with nickel-copper sulfides confirmed by initial drilling
• MAD117 intersects further massive nickel-copper sulfides at Investigators East

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