Growth-focused Western Australian nickel company St George Mining (ASX: SGQ) has announced significant intersections of nickel-copper sulphides at the Investigators Prospect – part of its flagship Mt Alexander Project, located in the north-eastern Goldfields.
HIGHLIGHTS
· Two large step-out drill holes completed at Investigators have intersected thick intervals of nickel-copper sulphide mineralisation in areas that had not been previously drilled
· Both holes were drilled into untested areas of the large 800m x 400m SAMSON EM anomaly at Investigators and confirm extensions of high-grade mineralisation
· MAD156 intersected a 27m thick ultramafic unit that included an 8m thick zone of nickel-copper sulphides
· Extensional drilling at Investigators continues with site preparations also underway for drilling of EM conductors at the Radar and Bullets Prospects
The Investigators Prospect extends for 1.5km along the east-west oriented Cathedrals Belt at Mt Alexander. The SAMSON electromagnetic (EM) survey completed by St George at Investigators identified large conductive areas, indicating the potential for the presence of significant sulphide mineralisation.
The largest of the SAMSON EM anomalies at Investigators spans 800m east-west and 400m north-south. Drilling has already identified significant nickel-copper sulphide mineralisation here.
John Prineas, St George Mining’s Executive Chairman, said: “MAD156 and MAD157 have confirmed further extensions of the known high-grade mineralisation within the large SAMSON EM anomaly at Investigators.
“With substantial areas of the EM anomaly yet to be drilled, we are excited at the potential to discover more high-grade mineralisation at this prospect.
“We will continue our aggressive drilling to scope out the scale of the deposits on the Belt with further drilling at Investigators to be followed by drilling at new targets including Radar, Bullets and Fish Hook.”
