St George intersects nickel sulphides with first hole

THE DRILL SERGEANT: St George Mining (ASX: SGQ) has intersected nickel sulphides with the first nickel drill hole of a Phase 2 drilling program, currently underway at the company’s 100 per cent-owned East Laverton property in Western Australia.

The hole was drilled at the Windsor nickel sulphide prospect.

Using a hand-held XRF machine, St George claimed results for drill hole WINRC004 indicate the hole intersected a thick mineralised komatiite ultramafic sequence of 83 metres at 0.27 per cent nickel from 63m.

 

XRF profile of WINRC004 highlighting the thick mineralised interval between 63m and 146m. Source: Company announcement

Higher grade nickel intervals within this komatiite channel unit include:

1m at 0.47 per cent nickel from 90m;

1m @ 0.43 per cent nickel from 119m; and

2m @ 0.46 per cent nickel from 122m.

The company considers the intervals of disseminated nickel sulphides encountered by WINRC004 demonstrate a fertile komatiite channel with potential to host massive nickel sulphide deposits.

“The preliminary drill results from Windsor are very exciting,” St George Mining executive chairman John Prineas said in the company’s announcement to the Australian Securities Exchange.

“These thick, fertile channel flows have a strong potential for massive nickel sulphide mineralisation.

“We are focussing our exploration in the right area.”

Website: www.stgm.com.au