THE DRILL SERGEANT: Western Australian nickel-focused drilling machine St George Mining (ASX: SGQ) has commenced a new drilling campaign, this time at the company’s Paterson project, located within the Paterson region of Western Australia.
St George Mining considers the Paterson project as an early stage opportunity with plenty of exploration upside for copper and gold deposits.
The company believes it complements its Mt Alexander nickel-copper sulphide project, where St George is continuing to expand the footprint of high-grade nickel-copper sulphide mineralisation and advance towards a potential mine development.
“We are delighted to be on the ground at the Paterson project and commencing our inaugural drill program at this exciting exploration opportunity,” St George Mining executive chairman John Prineas said in the company’s ASX announcement.
“The Paterson region is one of Australia’s most active exploration frontiers on the back of multiple major discoveries made over the past few years including Winu and Havieron.
“The Paterson is regarded as ‘elephant country’ and continues to attract significant investment from the major mining companies.
“Our technical team has worked methodically to establish a number of high-priority exploration targets.
“These have never been drilled and offer St George an excellent opportunity to deliver a new discovery.
“Importantly, the early stage nature of the Paterson project perfectly complements our more advanced Mt Alexander in the Goldfields region, where we continue to make more high-grade nickel-copper sulphide discoveries and are advancing mine development plans.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE