St George readies for drilling of Investigators EM conductors

THE DRILL SERGEANT: St George Mining (ASX: SGQ) is set to test three new EM conductors at the Investigators prospect as part of an upcoming drill program scheduled to commence at the company’s Mt Alexander project in July 2016.

The Investigators prospect is located in the interpreted western extent of the Cathedrals fault zone, and directly along strike from the Stricklands and Cathedrals prospects, where St George has already discovered high-grade nickel‐copper sulphide mineralisation.

The company explained that, until the recent EM survey, Investigators was previously unexplored with no prior EM coverage or drill testing and that the surface EM survey commissioned by the company over this area in March 2016 was the first.

The results of the survey, which were interpreted and modelled by Newexco, identified three bedrock EM conductors St George said are consistent with massive sulphide bodies.

“We are very pleased that our first phase of exploration at Investigators has successfully delivered three new high priority EM conductors for drill testing,” St George Mining executive chairman John Prineas said in the company’s announcement to the Australian Securities Exchange.

“Every EM conductor that has been tested in the Cathedrals fault zone has intersected nickel‐copper sulphides, and these new targets ‐ in an area that has never been drilled ‐ have excellent potential for further discoveries.

“Anomaly 2 at Investigators, with its very high conductivity, is a standout target and could provide a major exploration milestone at Mt Alexander.”

Website: www.stgm.com.au