THE DRILL SERGEANT: St George Mining (ASX: SGQ) has resumed drilling at the company’s Mt Alexander project, located near Leonora in the north-eastern Goldfields of Western Australia.
St George Mining informed the market that the majority of the planned program is earmarked to drill at the Stricklands prospect.
Drilling carried out last year at the Stricklands prospect of drill hole MAD71 returned the best intersection the company has achieved to date at the Mt Alexander project.
The 2017 drilling at Stricklands continued to intersect the mineralised ultramafic, with a further seven drill holes intersecting nickel-copper sulphide mineralisation while providing an indication that the Stricklands mineralised channel may extend up to 400 metres along strike, with large areas of the interpreted east-northeast oriented ultramafic channel remaining untested.
St George indicated the upcoming drilling at Stricklands will continue to test for extensions to the mineralised ultramafic.
The company considers the thickness and grade of the nickel-copper sulphides intersected at Stricklands to date supports the potential for further mineralisation at this prospect.
Elsewhere, at the Investigators prospect, a SAMSON EM (electromagnetic) survey identified large conductive areas over a one-kilometre portion of the mineralised Cathedrals Belt.
Planned drilling at Investigators will test underexplored areas of the SAMSON anomaly with the first-ever deep drilling of EM targets.
“St George, like other mining and exploration companies in the Goldfields, has been affected by heavy rains during February,” St George Mining executive chairman John Prineas said in the company’s announcement to the Australian Securities Exchange.
“At Mt Alexander, ground conditions have improved and we are very pleased to announce that drilling has finally begun.
“We have a number of outstanding nickel-copper sulphide targets to drill in this program and we are excited to be drilling again.”