St George Mining Ltd (ASX:SGQ) has a dual-exploration focus in Western Australia, with the company active in regions with known world-class deposits.
Drilling at Mt Alexander is scheduled to re-commence in the last week of June 2016, while drilling of gold targets at East Laverton has been brought forward and will commence next week.
Mt Alexander
At Mt Alexander drilling has been successful in achieving a number of significant milestones.
Nickel-copper sulphide mineralisation was intersected in every EM conductor drill tested, along with the discovery of massive nickel-copper sulphides in the first ever drilling at the Stricklands Prospect.
Also, multiple intersections of high grade nickel-copper sulphides at two prospects including the discovery of massive nickel-copper sulphides 30 metres from surface.
John Prineas, managing director, commented:
“The downhole EM anomalies being identified at Cathedrals and Stricklands add to the new targets already established by the surface EM surveys at the unexplored Investigators and Transits prospects.
“These new EM conductors are shaping up as compelling drill targets for our next drill campaign at Mt Alexander, scheduled to start in about four weeks.
“With multiple intersections of high grade nickel-copper sulphides already over a wide area and further untested targets, the project has outstanding potential for further discoveries."
East Laverton
At East Laverton, a reverse circulation drill program will test gold targets, following a drill rig becoming available sooner than St George initially expected.
Ascalon will be the first target drilled.
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