Emerging WA nickel company St George Mining (ASX: SGQ) has intersected further high-grade nickel-copper sulphides through drilling work at its Mt Alexander project near Leonora. MAD112 was completed in the eastern section of the Investigators Prospect to test a discrete downhole EM conductor that had been modelled within a large bullseye SAMSON EM anomaly with a strike of about 200 metres. The drill hole successfully intersected a prospective ultramafic unit between 102.9m to 116.65m downhole.
HIGHLIGHTS:
- MAD112 intersects high-grade nickel-copper sulphides in bullseye electromagnetic (EM) target (grades are based on portable XRF analysis with laboratory assays pending)
- Potential for significant down dip extension of mineralisation at Investigators East
- Deeper drilling confirms significant exploration potential at depth
Emerging Western Australian nickel company St George Mining Limited (ASX: SGQ) (“St George” or “the Company”) is pleased to announce that further high-grade nickel-copper sulphides have been intersected in drilling at the Mt Alexander Project, located near Leonora in the north-eastern Goldfields.
MAD112 was completed in the eastern section of the Investigators Prospect to test a discrete downhole EM (DHEM) conductor that had been modelled within a large bullseye SAMSON EM anomaly with a strike of approximately 200 metres – see Figure 1.
The drill hole successfully intersected a prospective ultramafic unit between 102.9m to 116.65m downhole.
Weakly disseminated nickel sulphide mineralisation (<1%Ni) is observed between 114m to 116.65m, and then massive sulphide mineralisation occurs as follows:
The photograph on the right shows drill core of MAD112 from the massive sulphides intersected between 117.77m to 119.55m downhole.
Laboratory assays are pending and are required to confirm the grades shown herein which are based on portable XRF analysis only.
