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Drilling Extends High Grade Nickel-Copper Sulphides at Cathedrals Prospect
May. 05, 2017 08:43AM PST
Base Metals Investing St George Mining (ASX: SGQ) (‘St George Mining’ or ‘the Company’) is pleased to announce that further massive nickel-copper sulphides have been intersected at the Cathedrals Prospect which is currently being drilled at the Mt Alexander Project in Western Australia. Four new drill holes have been completed at the Cathedrals Prospect, where shallow high-grade nickel …
St George Mining (ASX: SGQ) (‘St George Mining’ or ‘the Company’) is pleased to announce that further massive nickel-copper sulphides have been intersected at the Cathedrals Prospect which is currently being drilled at the Mt Alexander Project in Western Australia.
Four new drill holes have been completed at the Cathedrals Prospect, where shallow high-grade nickel copper-PGE sulphides have previously been intersected. All four drill holes – MAD53, MAD54, MAD55 and MAD56 – have successfully intersected mineralised ultramafic. MAD53 has intersected 7.12m of mineralised ultramafic including 3.32m of massive and brecciated sulphides with average values of the massive sulphide of 9.3%Ni and 2%Cu (based on portable XRF readings).
Highlights:
- First four diamond drill holes at the Cathedrals Prospect all intersect nickel-copper sulphides and extend the high grade mineralised zones
- MAD53 intersected 3.32m of massive and brecciated sulphides from 103.4m with portable XRF readings of the massive sulphide averaging of 9.3 percent Ni and 2 percent Cu
- MAD55 intersected 1.45m of massive and remobilised massive sulphides from 63.5m with portable XRF readings of the massive sulphide averaging 6.8 percent Ni and 2.6 percent Cu
- MAD56 intersected 4m of massive, remobilised massive and matrix sulphides from 60.95m with portable XRF readings of the massive sulphide averaging 9.5 percent Ni and 4.1 percent Cu
- Three further diamond holes to be drilled at the Cathedrals Prospect
St George Mining Executive Chairman, John Prineas said:
“We continue to grow the value at Mt Alexander with additional massive sulphides intersected by drilling that tested for extensions of known high grade mineralisation at Cathedrals. “What is particularly pleasing is that the nickel and copper values, as well as the thickness of mineralisation, in these new drill holes are similar to or even better than those already intersected at Cathedrals.”
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