St George Mining (ASX:SGQ) has revealed a new nickel sulphide target at the Windsor North nickel sulphide prospect, which is located in the company's highly prospective East Laverton Property in Western Australia.
St George discovered an outcrop of weathered ultramafic rock during reconnaissance field work, with portable XRF analysis of samples delivering elevated nickel and iron values.
The company said the new target now warrants further exploration for the potential of sulphide mineralisation at depth.
John Prineas, executive chairman, commented: “Windsor North has a number of very favourable features supporting its prospectivity for nickel sulphides.
“With only minimal exploration to date, this target offers a tremendous opportunity for St George to apply modern exploration techniques to provide a breakthrough result.
”This exciting new nickel sulphide target is an example of the growing pipeline of targets at the East Laverton Project.”
Details of the outcrop
Interim XRF analysis of rock chip samples from the weathered ultramafic outcrop show elevated metal values of 61% iron, 2,700ppm nickel and 3,200ppm sulphur.
An additional rock chip sample from a ferruginous outcrop adjacent to the ultramafic had XRF values of 66% iron and 1,400ppm lead.
The anomalous metal values in the outcrops could reflect weathering of primary sulphides.
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