HOT OFF THE PRESS: St George Mining (ASX: SGQ) has preparations in place for a diamond drill program, set to commence next week, at the company’s Windsor nickel sulphide prospect at the company’s 100 per cent-owned East Laverton project in Western Australia.
St George Mining outlined the drill program to be testing three large EM conductors the company recently identified using a high-powered SAMSON EM survey.
St George said these strong, late-time EM conductors displayed geophysical properties it considers to be consistent with massive nickel sulphides.
Of note is that the conductors are in structural and geological positions St George believes to be favourable for the accumulation of massive nickel sulphide mineralisation.
The three EM conductors are named Windsor X1, Windsor X2 and Windsor X3.
The first target to be drilled will be Windsor X3.
Source: Company announcement
Preparations at site for the drill program have been completed, and the diamond drill rig is currently in transit.
“The large Windsor channel is highly prospective for massive nickel sulphides with previous drilling delivering numerous intersections of magmatic nickel sulphides,” St George Mining executive chairman John Prineas said in the company’s announcement to the Australian Securities Exchange.
“The new EM conductors are compelling targets and we are pleased that we could fast-track the drill program.
“With nickel sulphide drill programmes testing new targets at both our Mt Alexander and East Laverton projects, it’s a very exciting time for St George Mining.”