The Conversation (0)
St George Mining: High Grade Nickel-Copper-Cobalt-PGE Mineralization at Cathedrals
Jul. 19, 2017 09:20AM PST
Base Metals Investing St George Mining (ASX: SGQ) (‘St George Mining’ or ‘the Company’) is pleased to announce assay results for the latest drilling at the Cathedrals Prospect – which includes some of the best intersections of nickel-copper-cobalt-PGE mineralisation to date at the Mt Alexander Project. Seven diamond drill holes were completed at the Cathedrals Prospect as part …
St George Mining (ASX: SGQ) (‘St George Mining’ or ‘the Company’) is pleased to announce assay results for the latest drilling at the Cathedrals Prospect – which includes some of the best intersections of nickel-copper-cobalt-PGE mineralisation to date at the Mt Alexander Project.
Seven diamond drill holes were completed at the Cathedrals Prospect as part of the recent drill programme at Mt Alexander with all successfully intersecting mineralised ultramafic. Laboratory assays now confirm multiple, significant intersections of high grade nickel-copper-cobalt-PGE mineralisation. Table 1 contains assay results for the recent Cathedrals drill holes.
St George Mining Executive Chairman, John Prineas said:
“The drilling results for Cathedrals are exceptional. We are seeing thick intervals of high grade nickel sulphides complemented by high grades of copper, cobalt and platinum group metals – and the mineralisation starts at just 30m below surface.
“These factors are obviously very favourable for any potential mining operation at Mt Alexander. “It’s also very exciting to know that mineralisation remains open with an excellent opportunity to continue extending the high grade mineralisation with our next drill programme.”
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