Growth-focused explorer St George Mining Limited (ASX: SGQ) has commenced a substantial diamond core drill programme at its 100%-owned Paterson Project, located in the East Pilbara region of Western Australia.
The drill programme – comprising 18 diamond holes – will test a number of compelling targets that are considered highly prospective for copper and gold mineralisation. The geological setting at St George’s Paterson Project is interpreted from airborne magnetic data to show encouraging similarities to Rio Tinto’s major Winu copper-gold discovery.
“We are delighted to commence diamond drilling at the Paterson Project where our 2021 air-core reconnaissance drilling identified elevated levels of pathfinder elements for base metal and gold deposits,” executive chairman John Prineas said.
“The targets being tested are high-priority areas coincident with favourable structural features seen in the data from gravity and airborne magnetic surveys completed by St George.
“While this exciting drill programme is underway at the Paterson, we will complete further geophysical surveys at our Mt Alexander Project. These new seismic and EM surveys will assist in fine-tuning nickel-copper sulphide targets for the next drill programme at Mt Alexander.
“We look forward to reporting further on these important field programmes as results are received.”
