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Mining

St George Mining Ltd prepares the diamond rig for Mt Alexander

Nine of the ten targets to be drilled are located within the Cathedrals Belt, where every EM conductor drilled to date has been demonstrated to be nickel-copper sulphide mineralisation.

St George Mining Ltd (ASX:SGQ) is set to commence a diamond drilling program this week at the company's Mt Alexander Project in Western Australia.

Nine of the ten targets to be drilled are located within the Cathedrals Belt, where every EM conductor drilled to date has been demonstrated to be nickel-copper sulphide mineralisation.

The other target to be tested is at the Transits Prospect, located to the north of the Cathedrals Belt in an area that has never been drilled.

John Prineas, executive chairman, commented:

"This highly anticipated drill program will test several quality targets that have outstanding potential for further nickel-copper sulphide discoveries.

“Our drilling at Mt Alexander earlier this year was very successful.

"We intersected multiple high grade nickel-copper sulphides over a broad area, indicating that the mineral system at Mt Alexander is much larger than historical drilling had shown.

“We are confident that the next round of drilling will build on this success.“

Drilling details

There will also be the first ever drilling at the Investigators Prospect which will test three EM conductors identified by surface moving loop EM (MLEM) survey.

While drilling at the Cathedrals and Stricklands Prospects will test downhole EM (DHEM) conductors that may be extensions of known mineralisation or potentially new massive sulphide mineralisation.

Diamond drilling will cover 1370 metres.

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

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