Growth-focused Western Australian nickel company St George Mining Limited (ASX: SGQ) has announced that diamond drilling at its flagship high-grade Mt Alexander Project, located in the north-eastern Goldfields, will resume in early January – much earlier than initially planned.
A drill rig is now scheduled to arrive at Mt Alexander on or about 6 January 2022 and will prioritise drilling of seismic target S1, followed by seismic target S2.
Both seismic targets have a geophysical signature in the seismic data that is consistent with that recorded for massive nickel-copper sulphides intercepted at shallow depths at the Investigators Prospect
S1 is located down-dip from and within the same structure that hosts extensive massive nickel-copper sulphides drilled at Investigators. S1 is modelled with a dip-extent of 450m at 800m below surface. S2 is situated in the underexplored Transits Belt structure to the north of the Cathedrals Belt. S2 is modelled with a dip-extent of 400m and located 350m below surface.
“We are delighted to be able to bring forward the start date for the 2022 diamond drill programme at Mt Alexander,” executive chairman John Prineas said.
“S1 and S2 are excellent targets for significant nickel-copper sulphide mineralisation and we do not want to waste any time in drilling these targets.
“We thank DDH1 Drilling for its support in making a drill rig available so early in the New Year.
“On behalf of the Board, I wish our shareholders and service providers a safe and happy festive season. We look forward to a very exciting 2022.”
