St George prepares to drill East Laverton

THE DRILL SERGEANT: St George Mining (ASX: SGQ) is close to starting Phase 1 of the 2014 drilling program to be undertaken at the company’s 100 per cent-owned East Laverton Property with drilling planned to commence in mid-May 2014.

The company said the drilling program will test a number of high quality EM (electromagnetic) conductors located on the Stella Range belt.

The EM conductors are situated within a section of a belt where St George previously identified nickel sulphide in three RC drill holes – DRAC35, DRAC38 and DDNRC002.

 

TMI (Total Magnetic Intensity) RGB plan map with location of
modelled EM conductors along a high-priority section of the Stella Range
belt that hosts the Desert Dragon North, Desert Dragon and Windsor
nickel prospects. The DDN1 conductor is now modelled as two plates –
DDN1A and DDN1B. Source: Company announcement

The company believes these spaced intersections demonstrate the presence of several nickel-rich mineral systems within this section of the Stella Range belt.

“The presence of known nickel sulphide mineralisation increases the potential for the EM conductors to be massive nickel sulphide deposits,” St George Mining said in its ASX announcement.

“The drill campaign is the company’s first ever test drilling of EM conductors along the Stella Range belt, and offers an excellent opportunity for a significant discovery.”

Further to the upcoming drill program, St George explained an EM conductor it encountered at Desert Dragon North in February has subsequently been labelled as DDN1.

A FLEM survey has now been completed over the DDN1 conductor, the results from which, the company said have better defined its physical parameters.

“The forward modelling of the electromagnetic response from the FLEM survey has effectively constrained the physical location of the conductor allowing for more effective drill testing,” St George claimed.

The company’s field crew is currently completing FLEM surveys over the remaining priority EM conductors, which have been targeted for test drilling in the Phase 1 program.

Once the FLEM surveys are conducted and modelling completed, final drill hole selection for each EM target will be determined.

A MLEM survey is continuing at the Cambridge North nickel prospect on the Stella Range belt, as well as other high priority areas on the Central and Minigwal ultramafic belts.

St George anticipates this survey will generate further EM conductors that will be tested by Phase 2 of the 2014 drilling program, scheduled for the second half of the year.

Email: info@stgm.com.au

Website: www.stgeorgemining.com.au