THE DRILL SERGEANT: St George Mining (ASX: SGQ) has kicked off its 2016 drilling campaign at the company’s Mt Alexander project in Western Australia.
The program is designed to test eleven targets for massive nickel‐copper sulphide mineralisation.
The targets are untested EM conductors St George has identified at the Cathedrals and Stricklands prospects that coincide with magnetic anomalies.
The company said the untested EM conductors being drilled have similar geophysical responses to the three EM conductors drilled in 2008 by BHP Billiton Nickel West, all of which intersected high-grade nickel‐ copper sulphide mineralisation.
The eleven EM conductors being drilled at Cathedrals and Stricklands are located within a two kilometre section of the Cathedrals Shear Zone.
A moving loop EM (MLEM) survey over two additional prospective areas at the Mt Alexander project, Investigators and the New Target Area, is nearing completion with modelling of survey data currently underway by Newexco.
“We have identified some outstanding targets for massive nickel‐copper sulphides at Mt Alexander, and we are very pleased to have started drilling there,” St George Mining executive chairman John Prineas said in the company’s announcement to the Australian Securities Exchange.
“This program will provide the first ever test of the EM conductors at the Stricklands prospect which we believe are highly prospective for the further discovery of massive nickel sulphides.
“We are very excited about the potential of these prospects and we look forward to reporting drill results soon.”