St George Mining to commence gold drilling at East Laverton

THE DRILL SERGEANT: St George Mining (ASX: SGQ) is about to kick off a major drill program designed to test priority gold targets at the company’s 100 per cent-owned East Laverton project in Western Australia.

The company explained a program of reverse circulation (RC) drilling is planned in the first phase of this gold‐focused drill program, which will test two priority targets – Ascalon and Bristol.

The first of these targets, Ascalon, has never been drilled, however the company considers it to be situated in a favourable structural setting for gold mineralisation with a strong associated gold anomalism identified by shallow reconnaissance drilling completed to the north‐west of the main target area.

The Bristol target has been tested previously, albeit by shallow drilling with an average drill hole depth of 40 metres.

This limited drilling produced a number of end of hole drill samples of anomalous gold with values up to 2.5ppm gold.

St George said the upcoming program is the first ever test of the bedrock geology at both targets and is confident it has the potential to deliver a major breakthrough for gold exploration at East Laverton.

The RC drill rig is scheduled to arrive at East Laverton this week, with drilling to commence by Friday.

“We are very excited to begin drilling of our highly rated gold targets at East Laverton which satisfy key exploration targeting criteria for significant gold deposits,” St George Mining executive chairman John Prineas said in the company’s announcement to the Australian Securities Exchange.

“The targets have never been systematically explored for gold and provide us with an opportunity to make an important discovery.”

Website: www.stgm.com.au