St George Mining Ltd (ASX:SGQ) will conduct additional drilling to test three strong EM conductors at the Investigators Prospect, within the Mt Alexander Project in Western Australia.
St George's first drill program at Mt Alexander commenced in April 2016, and in a short space of time the company made new discoveries of massive sulphides at the Stricklands and Investigators Prospects.
This added to the discovery made by BHP Billiton at the Cathedrals Prospect.
John Prineas, executive chairman, commented: “The number of drill holes that have intersected nickel‐copper sulphide mineralisation in the Cathedrals Belt has increased from six to twenty, with fifteen of these intersecting massive sulphides.
"We have extended the strike length of recurrent nickel‐copper mineralisation in the Belt from 400 metres to 3.5 kilometres.
“These are tremendous achievements and we are pleased to be able to extend the current drill program at Mt Alexander to test the outstanding Investigators conductors.”
Mt Alexander
The Mt Alexander Project is located 120 kilometres south-southwest of the Agnew-Wiluna belt which hosts numerous world class nickel deposits.
The project comprises three granted exploration licences – E29/638, E29/548 and E29/962.
Cathedrals, Stricklands and the Investigators prospects are located on E29/638, which is held in joint venture by Western Areas Limited (25%) and St George (75%).
St George is the manager of the project with Western Areas retaining a 25% non-contributing interest in the project (in regard to E29/638 only) until there is a decision to mine.
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