The Conversation (0)
St George Mining Intersects Nickel-Copper Sulphides at Mt Alexander
Nov. 20, 2017 08:31AM PST
Base Metals Investing St George Mining (ASX: SGQ) (‘St George Mining’ or ‘the Company’) is pleased to announce an outstanding intersection of nickel-copper sulphide mineralisation at the Mt Alexander Project. MAD71 was drilled within a large SAMSON EM anomaly (200m x 150m) at Stricklands. The mineralisation is open to the north and west, where much of the EM anomaly …
St George Mining (ASX: SGQ) (‘St George Mining’ or ‘the Company’) is pleased to announce an outstanding intersection of nickel-copper sulphide mineralisation at the Mt Alexander Project.
MAD71 was drilled within a large SAMSON EM anomaly (200m x 150m) at Stricklands. The mineralisation is open to the north and west, where much of the EM anomaly remains untested; see Figure 1. A downhole EM (DHEM) survey will be completed in MAD71 later this week, and further drilling at Stricklands will be prioritised after review of the survey data.
St George Mining Executive Chairman, John Prineas said:
“The results in MAD71 are outstanding with thick widths of high grade mineralisation at shallow depths. This is very favourable for the economics of a potential mining operation at Mt Alexander.
We have already established recurrent high grade mineralisation over a 3.5km strike length in the Cathedrals Belt. Now, with the exceptional intersection in MAD71, the confidence in the resource potential at Mt Alexander continues to build.”
Click here to read the full text release.