St George Mining (ASX: SGQ) has identified a new nickel target from the recently completed soil geochemical survey at its Cambridge Nickel Project in Western Australia.
The new is represented by an electromagnetic anomaly at the basal contract of the Cambridge ultramafic that is coincident with highly anomalous nickel values identified in both the 2011 regional soil geochemical survey and by the recent infill survey.
This also indicates that other electromagnetic anomalies present at similar depths but in areas of thicker and/or more conductive cover would have low level responses or may not have been detected at all by the shallow historical EM survey.
This demonstrates the value of regolith mapping to assist in the planning and interpretation of EM surveys and increases the potential for a more powerful EM survey to detect more prospective EM targets for investigation.
A new fixed loop transient electromagnetic survey is being designed to further assess this newly identified EM anomaly as well as two other historical EM anomalies at Cambridge which have been recommended for further investigation.
This will better define targets and allow the company to progress to test drilling.
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