HIGHLIGHTS:
- Thick nickel-copper sulphides intersected in MAD88 with 10.9m of mineralisation starting from 56m downhole
- Drilling at Stricklands continues to intersect massive nickel-copper sulphides east of MAD71
Emerging West Australian nickel company St George Mining Limited (ASX: SGQ) (“St George” or “the Company”) is pleased to announce further intersections of nickel-copper sulphide mineralisation at the Mt Alexander Project, located near Leonora in the north-eastern Goldfields.
Drill hole MAD88 at the Stricklands Prospect was completed approximately 100 metres to the north-east of MAD71, which intersected 17.45m @ 3.01% Ni, 1.31% Cu, 0.13% Co and 1.68g/t total PGEs from 37.45m including over 8 metres of massive sulphide zones.
MAD88 intersected ultramafic from 55m to 73m downhole that included:
- 10.9m in total of nickel-copper sulphide mineralisation commencing from 56m downhole comprising massive, semi-massive, stringer and disseminated nickel sulphides including:
- massive and semi-massive nickel-copper sulphides comprising a total of 2.72m with average XRF readings of 5%Ni and 1.5%Cu
The mineralised ultramafic at Stricklands may extend up to 400m along strike with an east-northeast orientation.
The intersection of thick nickel-copper sulphides in MAD88, drilled 100m to the north-east of the outstanding intersection of MAD71, supports the potential for further significant mineralisation within this ultramafic.
Another six drill holes are planned at Stricklands in the current programme, following which downhole electromagnetic (DHEM) surveys will be carried out in the completed drill holes.
While the DHEM surveys are being carried out, the drill rig will mobilise to the Investigators Prospect to complete five planned drill holes to test targets that include deep EM conductors modelled from the SAMSON EM survey completed in 2017.
John Prineas, St George Mining’s Executive Chairman, said:
“We are pleased to see that step-out drilling at Stricklands continues to intersect nickel-copper sulphides along the interpreted extension of the thick ultramafic that also hosts the outstanding intersection in MAD71.
“With additional drilling underway along strike from these thick intersections of sulphide mineralisation, there is an excellent opportunity to further extend the known mineralisation at Stricklands.”
