St George Mining (ASX:SGQ) is expecting assays in January from the first four reverse circulation holes at its wholly-owned Hawaii Project, located south-west of the Agnew-Wiluna belt in Western Australia.
Adding to the prospectivity, high-MgO ultramafics were intersected in all four holes testing two magnetic trends.
The drilling identified greenstone sequences which have never been explored for nickel sulphide and gold mineralisation.
John Prineas, executive chairman, commented:
“The drilling at Hawaii has delivered an important exploration milestone by successfully confirming the presence of prospective ultramafics in the untested greenstone sequences.
“The results from this drilling will provide an excellent platform from which to plan further exploration at Hawaii, and to move closer to a significant greenfields discovery.”
The Hawaii Project was recently acquired from BHP Billiton Nickel West Pty Ltd.
A reconnaissance aircore drill program was previously completed by Nickel West, with average hole depths of 60 metres.
These intersected thick weathered ultramafics.
St George is has now conducted deeper drilling to investigate the extent and prospectivity of these ultramafics in bedrock.
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