St George Mining Ltd (ASX:SGQ) has been granted a trading halt by the ASX, pending significant results from exploration drilling at the Mt Alexander Project in Western Australia.
Drilling at Mt Alexander earlier this year was by all measures, successful. Multiple high grade nickel-copper sulphides were intersected over a broad area.
This lends credence to the mineral system at Mt Alexander being much larger than historical drilling had shown.
The halt will remain in place until the opening of trade on Friday 22nd July 2016, or earlier if an announcement is made to the market.
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