St George Mining Ltd (ASX:SGQ) has discovered massive nickel-copper sulphides in the maiden drilling program at the Investigators Prospect, located within the Mt Alexander Project in Western Australia.
- MAD31 has intersected massive sulphide mineralisation at 112 metres depth in the extremely conductive Anomaly 2 (86,500 Siemens).
- MAD32 has intersected massive sulphide mineralisation at 52 metres depth testing an offhole downhole electromagnetic (DHEM) plate from MAD24.
The massive sulphides in MAD31 include a pentlandite vein that runs most of the length of the intersection with an average nickel value (based on field XRF analysis) of 28% nickel.
John Prineas, executive chairman, commented:
“The new discoveries at Investigators and Stricklands, with evidence of exceptionally high grade mineralisation, highlight the increasing prospectivity of the underexplored Mt Alexander Project.
“The successful drilling by St George has significantly expanded the size of the high grade nickel-copper system in the Cathedrals Belt and established Mt Alexander as a new and significant nickel sulphide project in Western Australia.”
Analysis
The discovery of massive nickel‐copper sulphides within a mineralised ultramafic at the previously unexplored Investigators prospect is another significant milestone for exploration at Mt Alexander.
The drilling by St George has confirmed that the sulphides within mineralised ultramafics in the Cathedrals Belt extend intermittently for over 2.5 kilometres, with further targets to be tested.
The next results will be highly anticipated as this will start to outline the scale of the discovery.
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