Growth focused Western Australian nickel company St George Mining (ASX: SGQ) has provided an update on the drilling program underway at its flagship, high-grade nickel-copper sulphide Mt Alexander project, located in the north-eastern Goldfields of WA.
HIGHLIGHTS:
Deep drilling intersects intrusive rocks at both the Investigators and Cathedrals Prospects, confirming the prospectivity for nickel-copper sulphides at depth:
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MAD180W1 at Investigators has been completed as a wedge hole from 520.5m to 877m and intersected intrusive-style rocks intercalated within a structural zone.
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MAD182 at Cathedrals has been completed to 700.4m downhole and intersected multiple mafic-ultramafic intrusive units, which are interpreted to confirm the continuation of the Cathedrals Belt at depth.
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Drilling has confirmed the down-dip continuity of the Cathedrals Belt intrusive system that is known to host the shallow high-grade nickel-copper sulphide mineralisation, significantly extending the prospective area for potential nickel-copper sulphide deposits.
Diamond drilling continues at Investigators and underway at the Fairbridge Prospect:
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MAD181 is being drilled at Investigators to a planned depth of 800m to test a large conductive anomaly identified from the magnetotelluric (MT) and audio-magnetotelluric (AMT) surveys.
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MAD183 is being drilled at Fairbridge to a planned depth of 700m to test a large MT/AMT conductive anomaly identified from the MT/AMT surveys and located. below numerous nickel-copper sulphide gossans.
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Both diamond rigs are operating on a 24/7 basis.
Downhole electromagnetic (DHEM) survey identifies new conductor at Investigators:
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DHEM survey of MAD179 identifies two strong off-hole anomalies that have an electrical signature consistent with high grade nickel-copper sulphides.
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DHEM crew is scheduled to commence surveys on MAD180 and MAD182 next week.
