St George Mining (ASX: SGQ) (‘St George Mining’ or ‘the Company’) is pleased to announce that laboratory assays received to date for the recently completed drill holes at the Investigators Prospect have confirmed multiple intersections of high grade nickel-copper-cobalt-PGE mineralisation over a broad area.
The high powered SAMSON fixed loop EM survey completed earlier this year over the Investigators Prospect identified two large EM anomalies – a total field SAMSON EM anomaly of 350m x 300m in the eastern part of Investigators, and a total field SAMSON EM anomaly of 200m x 175m in the central part of Investigators.
A number of EM plates within these SAMSON EM anomalies were tested by the recent diamond drill programme at Mt Alexander. Drilling results now confirm that each of these large SAMSON EM anomalies hosts high grade nickel-copper sulphides.
St George Mining Executive Chairman, John Prineas said:
“The latest drilling at Investigators has delivered strong results at this underexplored prospect.
We are particularly excited by the outstanding intersection in MAD60 which represents a new zone of high grade mineralisation in an area that had never been drilled.”