Western Australian nickel company St George Mining (ASX: SGQ) has provided its quarterly activities report for the period ending 31 March 2020.
HIGHLIGHTS:
Mt Alexander project
Magnetotelluric and Audio‐magnetotelluric survey delivers breakthrough results:
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A large conductive feature identified at Investigators, below the shallow high‐ grade deposit and current extent of drilling.
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New nickel‐copper sulphide targets also identified within the Radar, Cathedrals, Fairbridge and Investigators Prospects in areas yet to be tested by drilling.
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Drill programme planned for Q2 2020 with a focus on making new discoveries.
Assays for MAD177 confirm high‐grade mineralisation:
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Laboratory assays for MAD177 confirm:
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10.5m @ 4.82% Ni, 1.67% Cu, 0.15% Co and 2.87 total g/t PGEs from 182.5m, including.
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4m @ 7.53% Ni, 2.47% Cu, 0.23% Co and 3.92 total g/t PGEs from 186m.
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Platinum group metals include high levels of palladium and rhodium – 10.5m @ 2.33g/t Pd and 0.08g/t Rh including 4m @ 3.23g/t Pd and 0.1g/t Rh.
Scoping study advanced for potential mining operation:
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Phase 1 environmental study completed with Phase 2 planned for Q2 2020.
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Entech appointed as external geological consultant for the maiden mineral resource estimate for Mt Alexander.
Patterson Project
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Aeromagnetic survey at St George’s new Paterson Project identifies the signature of key stratigraphic units and granitic intrusives, which are interpreted to be prospective for new discoveries of precious and base metals.
