Emerging WA nickel stock St George Mining’s (ASX: SGQ) has regarded the September quarter as a prosperous one for the business, with a major diamond drilling program in progress while multiple intersections of high-grade nickel-copper sulphides have been found to extend the down plunge of mineralisation at the Investigators Prospect. The drill program has been extended indefinitely.
MT ALEXANDER NICKEL PROJECT:
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Major diamond drill programme in progress
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Multiple intersections of high-grade nickel-copper sulphides extend the down plunge of mineralisation at the Investigators Prospect
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Downhole electromagnetic (DHEM) surveys identify strong conductors along strike from known sulphide mineralisation
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Drill hole MAD126 includes intercept of 5.25m of massive sulphides with average XRF readings of 8.8%Ni and 4.5%Cu (laboratory assays are pending) –
image below: drill core from MAD126 -
Drill programme extended indefinitely
EAST LAVERTON GOLD PROJECT:
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Diamond drill programme of gold targets underway
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Multiple hits of quartz dolerite with quartz/carbonate veining and disseminated pyrite
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Drilling confirms a large mineral system prospective for gold – assays pending Image below: drill core from ASCDD003 at 119m shows weak to moderately foliated mcg qz dolerite/gabbro, abundant disseminated titanomagnetite, average 3% wispy, interstitial pyrite aggregates
