St George Mining Limited (ASX: SGQ) has announced further significant positive results from the lithium exploration program at its Mt Alexander project, located in the north-eastern Goldfields of Western Australia.
Field mapping at Mt Alexander has identified an increasing number of pegmatite outcrops across the 15km zone of pegmatite dykes at Mt Alexander and a further 119 rock chip samples from prospective pegmatites have been collected from two exploration licences – E29/638 (75% St George: 25% IGO) and E29/962 (100% St George).
Based on visual observation, a number of samples appear to include lithium minerals in the form of spodumene and lepidolite. All samples will be submitted for laboratory assays and selected samples will also undergo analysis by portable XRD spectrometer, with first results expected next week.
Soil sampling is also underway covering the area extending east from the pegmatite outcrops to test for possible extensions below cover. These early observations of outcrop at Mt Alexander suggest it may form part of an underexplored lithium province first identified by Red Dirt Metals (ASX: RDT).
“We are delighted that our exploration team is continuing to deliver success in identifying pegmatite outcrops that appear highly prospective for lithium mineralisation, providing support for Mt Alexander’s significant lithium potential,” St George executive chairman John Prineas said.
“We are seeing thick pegmatite dykes spread over a zone more than 15km long in the same corridor parallel to the Copperfield Granite where major discoveries have been announced by Red Dirt Metals.
“We are increasingly excited by the potential that Mt Alexander may form part of the same pegmatite hosted lithium mineral system. Our field work is the first lithium-focused exploration conducted at Mt Alexander and we very pleased with the pace at which the evidence for the lithium potential is building.
“This lithium work is a fantastic complement to our nickel exploration at Mt Alexander, which is progressing in parallel with a fixed loop electromagnetic survey scheduled to start next week. This will enable final modelling of several promising nickel targets for drill testing.
“With lithium and nickel drilling planned at Mt Alexander for Q4 2022, it is an exciting time for shareholders.”
