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    market news

    St George Mining Announces Gold and Nickel Drill Programme at East Laverton Project

    Melissa Shaw
    May. 04, 2017 09:06AM PST
    Base Metals Investing

    St George Mining (ASX: SGQ) (‘St George Mining’ or ‘the Company’) is pleased to announce a major drill programme at its 100% owned East Laverton Project in Western Australia. The drill rig is mobilising to site today with drilling expected to commence by this Saturday. Highlights Windsor Nickel Sulphide Prospect at East Laverton: Electromagnetic (EM) …

    St George Mining (ASX: SGQ) (‘St George Mining’ or ‘the Company’) is pleased to announce a major drill programme at its 100% owned East Laverton Project in Western Australia. The drill rig is mobilising to site today with drilling expected to commence by this Saturday.
    Highlights
    Windsor Nickel Sulphide Prospect at East Laverton:

    • Electromagnetic (EM) conductor at Windsor with very high conductivity of 210,000 Siemens will be drilled
    • The new downhole EM (DHEM) plate to be tested has been modelled from the DHEM survey in WINDD004 that was drilled within 5 metres of the EM conductor
    • Nickel sulphides in drill core of WINDD004 support the potential for the EM conductor to represent massive nickel sulphides

    Gold Drilling at East Laverton:

    • 5,000m of planned drilling to test pipeline of gold targets on three major greenstone belts at East Laverton
    • Gold anomalism identified in all three greenstone belts by past exploration
    • Underexplored region containing recent world‐class gold discoveries at Tropicana (+8MozAu) and Gruyere (+6MozAu)

    St George Mining Executive Chairman, John Prineas said:

    “Our technical team, in conjunction with our external experts – Dr Walter Witt and Dr Jon Hronsky, have dedicated considerable time in developing the pipeline of gold targets across the East Laverton Project. We are pleased to commence drilling of these targets which have the potential for a significant gold discovery.”

    Click here to read the full text release.

    western australiamarket newsaustraliaworld class gold
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