THE DRILL SERGEANT: St George Mining (ASX: SGQ) is set to test three new EM conductors at the Investigators prospect as part of an upcoming drill program scheduled to commence at the company’s Mt Alexander project in July 2016.

The Investigators prospect is located in the interpreted western extent of the Cathedrals fault zone, and directly along strike from the Stricklands and Cathedrals prospects, where St George has already discovered high-grade nickel‐copper sulphide mineralisation.

The company explained that, until the recent EM survey, Investigators was previously unexplored with no prior EM coverage or drill testing and that the surface EM survey commissioned by the company over this area in March 2016 was the first.

The results of the survey, which were interpreted and modelled by Newexco, identified three bedrock EM conductors St George said are consistent with massive sulphide bodies.

“We are very pleased that our first phase of exploration at Investigators has successfully delivered three new high priority EM conductors for drill testing,” St George Mining executive chairman John Prineas said in the company’s announcement to the Australian Securities Exchange.

“Every EM conductor that has been tested in the Cathedrals fault zone has intersected nickel‐copper sulphides, and these new targets ‐ in an area that has never been drilled ‐ have excellent potential for further discoveries.

“Anomaly 2 at Investigators, with its very high conductivity, is a standout target and could provide a major exploration milestone at Mt Alexander.”

Website: www.stgm.com.au

THE DRILL SERGEANT: St George Mining (ASX: SGQ) has received the first laboratory assays received for recent diamond drilling carried out on the company’s Mt Alexander project.

The company said the assays have confirmed that drilling at the Cathedrals prospect has intersected high-grade nickel‐copper sulphide mineralisation with high values of cobalt and PGEs (Platinum Group Elements).

Assays have been received for drill holes MAD14, MAD15, MAD16 and MAD17 which were drilled at the Cathedrals prospect to test three separate EM conductors.

The highlight of the drilling program was provided by hole MAD15, which returned an exceptional intersection of massive nickel‐copper sulphides of:

1.17 metres at 8.75 per cent nickel, 3.37 per cent copper, 0.24 per cent cobalt and 6.16 grams per tonne total PGEs from 30.17m.

“Our maiden drilling program at Cathedrals has added significant new areas of mineralisation that build on the initial discovery of nickel‐copper sulphide mineralisation by BHP Billiton in 2008,” St George Mining executive chairman John Prineas said in the company’s announcement to the Australian Securities Exchange.

“It is very pleasing to see our systematic planning deliver outstanding results so early in our exploration of this highly prospective but underexplored region.

“The high grades of nickel, copper and cobalt at Cathedrals are impressive and the attractiveness of the project is further substantially enhanced by the exceptionally high PGEs.

“We are looking forward to achieving further significant exploration milestones at Mt Alexander when the next drilling program commences soon.”

Website: www.stgm.com.au

THE DRILL SERGEANT: St George Mining (ASX: SGQ) has completed four of five planned drill holes at the Ascalon gold target at the company’s 100 per cent-owned East Laverton project in Western Australia.

The fifth drill hole is underway with completion imminent.

All drill holes have intersected thick mafic units and associated late stage felsic intrusives with the rocks displaying evidence of intense alteration by hydrothermal fluids.

St George explained Ascalon is hosted within the thickest section of the Minigwal greenstone belt, which is situated in the hanging wall of the Minigwal Fault – a deep (trans‐lithospheric) structure providing a pathway for gold‐rich hydrothermal fluids to move from the mantle into the upper crust.

The company indicated it anticipates conducting a follow‐up drill program for Ascalon after the results from the initial drilling are reviewed.

Once the drilling of the final hole is completed, drilling will commence at the Bristol gold target.

“The strong hydrothermal alteration in the Ascalon drill holes is consistent with a favourable system for gold mineralisation.” St George Mining executive chairman John Prineas said in the company’s announcement to the Australian Securities Exchange.

“This is a very good start to the drilling at Ascalon.

“At Bristol, previous shallow drilling has established a gold anomaly over one kilometre.

“Our drilling will be the first ever test of the bedrock geology there and also offers the potential for a breakthrough discovery.”

Email: perth@goldroad.com.au

Website: www.stgm.com.au

THE DRILL SERGEANT: Gold Road Resources (ASX: GOR) has identified gold mineralisation in at least four prospects during an initial program of targeted bedrock drilling at the Sun River-Wanderrie Camp Scale Target, located within the company’s 100 per cent-owned North Yamarna tenements in Western Australia.

The drilling was focused on the Supergroup Anomaly, a high priority target over six kilometres long.

The best intercept was from diamond hole 16TADD0002, which was drilled at the Santana prospect and returned:

1.97 metres at 6.5 grams per tonne gold from 181m within a broader zone of gold anomalism of 21.35m at 0.75g/t gold from 180m.

A second diamond hole, 16WDDD0002, was drilled to test an aircore anomalism at the Vai prospect and intersected:

1m at 2.16g/t gold from 128m in a shear zone, almost 700m east of the main Supergroup trend.

The drilling program comprised six widely spaced diamond holes and 13 reverse circulation (RC) holes specifically targeting bedrock gold mineralisation associated with discrete aircore gold anomalies forming the six kilometre long Supergroup Anomaly.

The diamond drilling also provided information relating to the primary structure and stratigraphy of the Supergroup Anomaly geology.

Gold mineralisation in excess of 0.5g/t was identified in 11 of the 19 holes drilled.

Gold Road indicated it was planning follow-up drilling to test the dip and strike extensions of intersected mineralisation, and will initially focus on the Santana, Blackmore and Vai prospects.

“To intersect gold mineralisation in 11 of the first 19 holes drilled into the Supergroup prospects is considered a significant success,” Gold Road Resources executive director Justin Osborne said in the company’s announcement to the Australian Securities Exchange.

“This first pass drilling program covered a large area with very few holes, and confirmed bedrock gold mineralisation, including high-grades, in almost all prospects.

“We remain very excited about the potential of this trend and we will follow up with further drilling to discover the ore bodies we believe to be there.”

Email: perth@goldroad.com.au

Website: www.goldroad.com.au

THE DRILL SERGEANT: Jindalee Resources (ASX: JRL) has applied for an Exploration Licence (E80/5027) covering the Aries kimberlite cluster, including the Aries, Athena, Helena and Persephone diamondiferous kimberlite pipes.

The Aries project is located in the Kimberley region of Western Australia, approximately 270km east of Derby and 230km west of the Argyle diamond mine.

Jindalee explained the Aries kimberlite pipe was discovered in 1986 by Triad Minerals, in Joint Venture with Freeport, with subsequent exploration undertaken by companies including Thundelarra, BHP Billiton Minerals and United Kimberley Diamonds.

The exploration licence is an uncontested application owned 100 per cent by Jindalee, which considers the tenement to be highly prospective for gem quality diamonds.

“The Aries project covers a number of kimberlite pipes containing gem quality diamonds,” Jindalee Resources said in its ASX announcement.

“Although significant exploration was undertaken in the period from 1986 to 2005 Jindalee believes that there is very good potential to find additional diamondiferous pipes and alluvial diamond deposits in the area.

“Jindalee has commenced compiling the historical data and looks forward to commencing work as soon as E80/5027 is granted.”

Email: enquiry@jindalee.net

Website: www.jindalee.net