Emerging West Australian nickel company St George Mining (ASX: SGQ) is about to kick off the next round of drilling at its highly prospective Mt Alexander project west of Leonoa. The campaign will consist of diamond and RC holes, with a majority of the drilling to focus on the Stricklands prospect. Drilling at Stricklands late last year produced intersections of 17.45m at 3.01% nickel, 1.31% copper, 0.13% cobalt and 1.68 grams per tonne platinum group metals.
- Diamond and RC drill programme at Mt Alexander to commence shortly
- Programme will focus on targets in the Cathedrals Belt where recurrent high grade nickel-copper-cobalt-PGE sulphide mineralisation has been intersected over a 4km strike
- Drilling will include testing for extensions of the thick, high grade mineralisation identified at the Stricklands Prospect by MAD71 which intersected:
- 17.45m @ 3.01%Ni, 1.31%Cu, 0.13%Co and 1.68g/t total PGEs from 37.45m including the massive sulphide zones of
- 5.3m @ 4.39%Ni, 1.45%Cu, 0.21%Co and 2.09g/t total PGEs from 39.3m and
- 2.02m @ 5.05%Ni, 2.01%Cu, 0.21%Co and 3.31g/t total PGEs from 50.6m and
- 0.5m @ 3.68%Ni, 3.9%Cu, 0.17%Co and 2.68g/t total PGEs from 54.4m
- Drilling will also test EM (electromagnetic) anomalies in underexplored areas including the first ever deep drilling of EM targets at the Investigators Prospect
Emerging West Australian nickel company St George Mining Limited (ASX: SGQ) (‘St George’ or ‘the Company’) is pleased to announce that a major diamond and RC (reverse circulation) drill programme is scheduled to commence this week at the Mt Alexander Project near Leonora, in the North-eastern Goldfields of Western Australia.
The planned drill programme involves twenty planned drill holes for 2,510m of drilling. Further drilling will be undertaken as drill results are assessed and downhole EM (DHEM) surveys on completed drill holes are reviewed.
The majority of the planned drill holes are at the Stricklands Prospect where drill hole MAD71, completed late last year, returned the best intersection to date at the Mt Alexander Project.
St George Mining Executive Chairman, John Prineas said:
“Drilling in 2017 at Mt Alexander intersected thick massive nickel-copper sulphides at each of the Stricklands, Investigators and Cathedrals Prospects. We are excited to be commencing our 2018 drill programme at Mt Alexander to follow-up on last year’s success.
“At Stricklands, nine drill holes were completed last year to follow-up the outstanding intersection in MAD71 and of those seven drill holes intersected nickel-copper sulphide mineralisation. The high strike rate provides confidence that further drilling at Stricklands will continue to identify mineralised ultramafic.”