St George kicks of new Mt Alexander drill program

THE DRILL SERGEANT: St George Mining (ASX: SGQ) launched its latest drilling diamond drill program to test multiple massive nickel‐copper sulphide targets at the company’s Mt Alexander project in Western Australia.

Nine of the ten targets to be drilled are located within the Cathedrals Belt, where every EM conductor drilled to date has been demonstrated to be nickel‐copper sulphide mineralisation.

The other target to be tested is at the Transits prospect, located to the north of the Cathedrals Belt in an area that has never been drilled.

Three EM conductors will be drilled at the previously unexplored Investigators prospect.

This includes ‘Anomaly 2’ which has recorded an EM response with a conductivity of 47,000 Siemens, three times higher than any other EM conductor identified in the Cathedrals Belt.

Six DHEM conductors will be also be drilled.

These were identified from DHEM surveys carried out on the drill holes completed by St George earlier this year.

The DHEM conductors may represent extensions of known nickel‐copper sulphide mineralisation or potentially new massive sulphide mineralisation.

“This highly anticipated drill program will test several quality targets that have outstanding potential for further nickel‐copper sulphide discoveries,” St George Mining executive chairman John Prineas said in the company’s announcement to the Australian Securities Exchange.

“Our drilling at Mt Alexander earlier this year was very successful.

“We intersected multiple high grade nickel‐copper sulphides over a broad area, indicating that the mineral system at Mt Alexander is much larger than historical drilling had shown.

“We are confident that the next round of drilling will build on this success.”

Website: www.stgm.com.au