St George Mining confirms massive sulphide targets at Investigators

THE DRILL SERGEANT: St George Mining (ASX: SGQ) recently completed two drill holes – MAD29 and MAD30 ‐ as part of a maiden drilling program underway on the previously unexplored Investigators prospect at the company’s Mt Alexander project in Western Australia.

MAD29 was drilled to test Anomaly 2 while MAD30 was drilled to test Anomaly 3.

St George had identified both EM anomalies via surface moving loop EM (MLEM) surveys completed in March 2016.

MAD29 intersected an ultramafic unit from 97.75 to 105.65m hosted within granites, which the company said is the first ultramafic intersected west of the Stricklands prospect, located 900 metres to the east in the mineralised Cathedrals Belt.

St George declared the result had confirmed ultramafics occur this far west in the Investigators prospect and supports the prospectivity of this area for further discoveries of massive nickel‐copper sulphides.

The company has subsequently carried out a DHEM survey in MAD29, which has resulted in revised modelling of Anomalies 2 and 3.

“The new EM data continues to indicate that the conductors at Investigators are outstanding targets for massive nickel‐copper sulphides,” St George Mining executive chairman John Prineas said in the company’s announcement to the Australian Securities Exchange.

“The drilling data from MAD29 and MAD30 has confirmed the presence of prospective ultramafic at Investigators, and that provides even more encouragement for potential new discoveries there.

“Drilling of MAD31 to test the re‐modelled Anomaly 2 commenced yesterday afternoon, and we look forward to announcing results early next week.”

Website: www.stgm.com.au