DRILLING INTERSECTS THICK MINERALISED ULTRAMAFIC CHANNEL AT MT ALEXANDER

Highlights:
Stricklands Prospect:

•  MAD49 at the Stricklands Prospect intersects a thick 22m interval of nickel-copper sulphide mineralisation comprising disseminated, matrix and massive sulphides at a shallow depth of 31.8m from surface
•  MAD52 intersects 2.97m of matrix and massive sulphides 300m to the east of MAD49 from drill testing outside the modelled extent of the MAD20 downhole EM (DHEM) plate
•  Further discoveries of shallow massive sulphides at Stricklands confirm the extensive mineralisation at this prospect and the potential for primary magmatic channels to host additional thick mineralisation

Investigators Prospect:

• One further DHEM plate at Investigators drill tested by MAD48 and confirmed as massive nickel-copper sulphides
• DHEM surveys have been carried out on a number of the completed drill holes at Investigators with multiple strong off-hole EM conductors identified
• New DHEM conductors to be drill tested in the current drill programme

Drilling at Stricklands Confirms Thick Magmatic Channel
St George Mining Limited (ASX: SGQ) (‘St George Mining’ or ‘the Company’) is pleased to provide a further update on the major drill programme currently underway at the Mt Alexander Project in Western Australia. Four drill holes have been completed at the Stricklands Prospect, with all four intersecting mineralised ultramafic. MAD49 intersected 22m of nickel sulphide mineralisation from 31.8m downhole that included massive, matrix and disseminated nickel sulphides. This mineralised interval was within a broader intersection of ultramafic between 14.5m to 54m downhole. MAD52 also intersected 2.97m of matrix and massive sulphide in the eastern extent of the Stricklands Prospect, 300m east of MAD49.
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