St George Mining Defines New Lithium Targets at Mt Alexander

THE DRILL SERGEANT: St George Mining (ASX: SGQ) has made a further lithium targeting advancement at the company’s Mt Alexander project in Western Australia.

St George Mining has already mapped over 500 pegmatites at Mt Alexander to date.

Samples the company has taken from many of these outcrops have recorded highly anomalous lithium values providing strong encouragement for the potential of lithium mineralisation at the Project.

St George engaged external consultants to review the lithium potential at Mt Alexander and assist with definition of new drill targets.

Following a detailed review of drilling and other project data a field assessment was carried put, which included ground-truthing, lithological and structural mapping and geochemical analysis.

This field work included recording the potassium (K) and rubidium (Rb) values of feldspar within numerous outcropping pegmatites using a portable XRF analyser.

“Drilling at Mt Alexander has already confirmed the presence of high-grade lithium mineralisation – up to 1.8 per cent lithium oxide (Li2O) – and very thick pegmatites up to 121 metres thick,” St George Mining executive chairman John Prineas said in the company’s ASX announcement.

“The latest targeting work with external consultants at ERM has been focused on finding the most likely areas with potential for significant lithium mineralisation.

“The new gold targets are also compelling gold exploration opportunities in their own right – and made more exciting given the known correlation between lithium and gold occurrences at the neighbouring project of Delta Lithium.

“Four areas standout as priority targets across our large landholding.

“This is an exciting development in lithium targeting at Mt Alexander and we look forward to drilling these targets soon.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE