Emerging Western Australian nickel company St George Mining Limited (ASX: SGQ) provides an update on the nickel-copper sulphide drill program in progress at the Mt Alexander Project, located near Leonora in the north-eastern Goldfields. Numerous drill holes completed along the Cathedrals Belt have intersected the host ultramafic unit as well as nickel sulphides, supporting the potential for significant extensions of the known zones of nickel-copper sulphide mineralisation along the Cathedrals Belt.
Emerging Western Australian nickel company St George Mining Limited (ASX: SGQ) provides an update on the nickel-copper sulphide drill program in progress at the Mt Alexander Project, located near Leonora in the north-eastern Goldfields.
Numerous drill holes completed along the Cathedrals Belt have intersected the host ultramafic unit as well as nickel sulphides, supporting the potential for significant extensions of the known zones of nickel-copper sulphide mineralisation along the Cathedrals Belt.
DHEM surveys are being carried out in the completed drill holes with a number of strong off-hole EM conductors identified. Several of the new EM conductors are located down-plunge of known high-grade nickel-copper sulphides, towards the north-northwest. This is the interpreted down-dip direction of the host ultramafic unit and a priority target area for potential massive sulphides at depth.
The new conductors are excellent targets for further massive sulphide mineralisation. Drilling of the conductors has been prioritised to commence later this week.
St George Mining Executive Chairman, John Prineas said: “Infill and extensional drilling in the current drill programme has successfully increased the continuity of the mineralised horizon at the Cathedrals Belt, where high-grade discoveries at Investigators, Stricklands and Cathedrals have been made over a strike of 4.5km.
“Results at Cathedrals West are particularly pleasing with multiple intersections of ultramafic and nickel sulphide mineralisation extending into the Fairbridge area, where numerous known nickel-copper gossans are located.
“The new conductors identified from the downhole EM surveys are very exciting and have the potential to significantly increase the down-plunge extent of the high-grade nickel-copper sulphides.
“Mineralisation remains open in the down-dip direction to the north-northwest and we will continue to scope out the extent of the mineralisation in this area with deeper drilling.
“The ongoing results from the drilling and downhole EM surveys indicate strong potential for further mineralisation to be discovered at the extensive mineral system at the Mt Alexander Project, and we are pleased to extend the current drill programme to further test the high-priority targets evolving from the ongoing exploration programmes.”
