Gold and nickel focused St George Mining (ASX: SGQ) has confirmed three gold targets within a broader gold system at the East Laverton Property, from infill sampling.
These targets will be drilled as a priority by St George.
Known as the Balmoral prospect, the newly discovered gold system was identified in regional multi-element soil sampling in 2010.
East Laverton is a package of 20 tenements, with 17 granted.
The total tenement area comprises 1,445 square kilometres, a large landholding on the eastern fringe of the Yilgarn Craton.
The East Laverton Property hosts the Crusader Gold project, the Zeus Nickel project and the Empire Copper project.
Just last month a report by RM Research placed a Speculative BUY on St George.