ST George Mining Extends Mt Alexander Drilling

THE DRILL SERGEANT: St George Mining (ASX: SGQ) has upped the ante by escalating diamond drilling underway at the company’s Mt Alexander project in Western Australia.

St George Mining said the decision to advance the program followed the recent intersection encountered by drill hole MAD71.

The company now has DHEM being carried out in all drill holes completed to date in the current drill program, which it believes will assist in identifying further mineralisation around the drill holes.

Additional drill holes are currently being designed at the Stricklands prospect, to follow-up on the MAD71 intersection of magmatic nickel-copper sulphides.

The mineralisation in MAD71 is open to the west and north, and is associated with strong SAMSON and SQUID EM anomalies that remain largely untested in this area.

A strong magnetic anomaly also covers this area, which St George considers likely to represent prospective ultramafic stratigraphy.

A diamond drill rig that is currently on site will continue drilling at Mt Alexander 24 hours a day, 7 days a week until the Christmas break.

A second drill rig has now also arrived at the company’s 100 per cent-owned East Laverton project to drill three, strong late-time conductors at the Windsor nickel sulphide prospect.

“The thickness of the ultramafic and the nickel-copper sulphides intersected at Stricklands is supportive of further significant mineralisation being intersected at this prospect,” St George Mining executive chairman John Prineas said in the company’s announcement to the Australian Securities Exchange.

“The target area for further drilling is to the west and north of MAD71 where the SAMSON and SQUID EM anomalies remain largely untested and a strong magnetic anomaly also indicates further prospective ultramafics.

“We are excited to be able to fast-track this follow-up drilling to the significant intersection in MAD71.”

Email: info@stgm.com.au

Website: www.stgm.com.au