Growth-focused Western Australian nickel company St George Mining Limited (ASX: SGQ) is pleased to announce that diamond drilling has resumed at its flagship high-grade Mt Alexander Project, located in the north-eastern Goldfields.
Drilling will focus on testing high-priority targets identified from the seismic survey recently completed at Mt Alexander.
The first target to be drilled is S1. This large seismic target is modelled with a dip-extent of 450m and located down-dip from and within the same Cathedrals Belt structure that hosts extensive massive nickel-copper sulphides drilled at Investigators.
S1 is located within Exploration Licence E29/548 (100% St George).
“I am delighted that we have been able to commence our drilling so early in the New Year,”executive chairman John Prineas said.
“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 Ni-Cu-PGE mineralisation at Mt Alexander.
“We look forward to reporting results from our drilling programme in the coming weeks.”