THE DRILL SERGEANT: St George Mining (ASX: SGQ) announced resumption of diamond drilling at the company’s high-grade Mt Alexander project, located in the north-eastern Goldfields of Western Australia.
St George Mining reported the drilling will focus on testing high-priority targets identified from a seismic survey the company recently had completed at Mt Alexander.
St George and CSIRO commenced a research project in 2021 aimed at characterising the unique nickel-copper sulphide mineralisation and intrusive geology in the Cathedrals Belt.
The purpose of the project is to better understand the generation and emplacement mechanism behind the mineralised intrusive system, which may provide an insight into the most prospective areas to host further high-grade nickel-copper-PGE mineralisation in the project area.
The first target to be drilled is S1, a large seismic target that has been modelled with a dip-extent of 450 metres located down-dip from and within the same Cathedrals Belt structure that hosts extensive massive nickel-copper sulphides drilled at Investigators.
“I am delighted that we have been able to commence our drilling so early in the New Year,” St George Mining executive chairman John Prineas said in the company’s ASX announcement.
“The 2022 diamond drilling is our first-ever drilling of seismic targets and the results will be keenly anticipated by all shareholders.
“Our excitement has been dialled up with initial findings from the St George-CSIRO research project that the Cathedrals Belt intrusions are associated with the Warakurna Large Igneous Province, significantly increasing the prospectivity for us to discover more large-scale nickel-copper-PGE mineralisation at Mt Alexander.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE