St George Mining Commences Drilling of Mt Alexander Nickel-Copper Targets

THE DRILL SERGEANT: St George Mining (ASX: SGQ) has kicked off a major drilling program at the company’s Mt Alexander project in the north eastern Goldfields of Western Australia.

St George Mining is planning to carry out more than 6,000 metres of diamond drilling on nickel-copper sulphide targets on a continuous 24-hour basis over two 12-hour shifts per day.

The company said it expected additional targets to be added to the program as results from ongoing EM surveys are reviewed.

“With a large number of high priority EM targets to test, this is the most exciting drill program we have launched at Mt Alexander to date,” St George Mining executive chairman John Prineas said in the company’s announcement to the Australian Securities Exchange.

“Many of the EM conductors to be drilled represent a large step out from known massive sulphide mineralisation, so there is excellent potential for this program to significantly extend the footprint of high-grade nickel-copper sulphide mineralisation.

“In addition, ongoing EM surveys are identifying new EM targets in underexplored areas of the Cathedrals Belt – providing further support to the emerging large-scale mineral potential at Mt Alexander.”

A high-powered fixed loop EM (FLEM) survey was recently completed over the northern section of the Cathedrals Belt at Mt Alexander, where ultramafic units have been interpreted to extend down-dip to the north and northwest.

The company considers this area to have potential to host a continuation of high-grade mineralisation at depth in the down-dip direction.

The FLEM survey recorded several anomalous responses, which are now being reviewed and interpreted in conjunction with previous EM data for this area.

Close spaced follow-up MLEM surveys will be used to help refine the modelling.

Drill targets for this area are expected to be added to the drill program currently underway.

 

Website: www.stgm.com.au