Australia Investing
St George: Downhole EM Surveys Light Up Strong Conductors at Investigators Prospect
Oct. 04, 2018 08:54AM PST
The company said that DHEM surveys of other recently completed drill holes is continuing.
St George Mining (ASX:SGQ) has announced exciting results from the DHEM surveys carried out in a number of the recently completed drill holes at the Mt Alexander project, located near Leonora in the north-eastern Goldfields of Western Australia.
As highlighted in the press release:
- Downhole electromagnetic (DHEM) surveys in the recently completed drill holes at Investigators have identified strong off-hole conductors that are consistent with a massive sulphide source
- Surveys in MAD116 and MAD118 result in the re-interpretation of conductor MAD111:X1 as three strong conductive sources with three new targets modelled for drilling: Conductor MAD116:X1 with conductivity of 208,000 Siemens and located to the north of MAD116 and MAD118, Conductor MAD116:X2 with conductivity of 188,000 Siemens and located to the south of MAD116 and MAD118, Conductor MAD116:XXX with conductivity of 250,000 Siemens and located in a possible shear zone between MAD116 and MAD118
- Survey in MAD120b identifies a strong off-hole conductor, named MAD120b:X1, trending in a westerly down-dip direction with modelled conductivity of 210,000 Siemens
- The new conductors are located down plunge of the previously intersected mineralized ultramafic on the MAD111 section indicating the potential for a significant extension to the known mineralization at Investigators
- Drilling of the new conductors is scheduled to commence later this week
- DHEM surveys of other recently completed drill holes is continuing
Click here to read the full St George Mining (ASX:SGQ) press release.