St George Mining (ASX: SGQ) has announced promising soil sampling results at its flagship Mt Alexander project, in Western Australia’s Goldfields.
Multiple new, large-scale lithium soil anomalies have been identified – the largest with a strike of more than 2.7km – in the recently completed soil sampling program at Mt Alexander. The lithium values have corresponding anomalous values of caesium (Cs) and tantalum (Ta), which are key pathfinder elements for potential lithium mineralisation.
One of the new soil anomalies – measuring 1.7km x 1.3km – is along strike from the Manta prospect, where drilling by St George intersected a 121m-thick fractionated pegmatite. Another high-priority soil anomaly is located along the contact of the Copperfield Granite with the Mt Alexander greenstone belt, which is a favourable geological setting for potential lithium mineralisation and a direct analogue to the major lithium discovery by Delta Lithium (ASX: DLI) at its nearby Mt Ida project (14.6Mt @ 1.2% Li2O), which is located less than 300m from the contact with the Copperfield Granite.
Drilling at the new soil anomaly targets – where no previous drilling has occurred – is scheduled for next month. ERM (formerly known as CSA Global), a prominent mining consultancy firm with industry leading credentials in lithium exploration, is working with St George and on site at Mt Alexander this week to assist with producing high-priority drill targets.
“We are very pleased with the results of the latest soils program, which delineated not just one but a series of strong kilometre-long lithium soil anomalies in areas not yet drill tested for lithium,” executive chairman John Prineas said.
“The consistency and cohesiveness of the lithium values within these large-scale anomalies is impressive. The coincident pathfinder elements like tantalum and caesium as well as the extensive pegmatite outcrop make these areas compelling drill targets.
“Drilling approvals are in place and we look forward to testing these promising targets very soon.
“The lithium exploration program at Mt Alexander is part of St George’s disciplined and well-funded approach to advancing our portfolio of high-quality projects through the commodity cycle and positioning our assets for the resurgence in battery metals market conditions.”
