St George Mining (ASX:SGQ) is currently testing multiple drill targets in a major ongoing drill program at its 100% owned East Laverton Project in Western Australia.
To date, a total of 100 reverse circulation drill holes have been completed for 7,304 metres.
Assays received to date indicate significant gold anomalism and prospectivity at the Cambridge and Cambridge North targets that warrants follow-up exploration.
John Prineas, chairman, commented: “The 2017 drill program is testing a range of gold targets at the East Laverton Project, with most areas drilled for the very first time.
“Already we are seeing encouraging results with potential for significant gold mineralisation at some of the targets, and we are keenly awaiting the remaining assay results.”
Drilling at East Laverton
The 100% owned 2,000 square kilometre East Laverton Project is an exploration project prospective for gold and nickel.
The East Laverton Project is surrounded by major gold mines with the 8+ million ounce gold Tropicana deposit to the east and the 6+ million ounce gold Gruyere deposit to the north and the world class Laverton gold field to the northwest.
The priority gold targets in their respective belts at the East Laverton Project are as follows:
- Stella Range Belt: Cambridge North, Cambridge, Desert Dragon;
- Central Belt: Bristol; and
- Minigwal Belt: Athena, Ascalon.
A very high conductivity electromagnetic anomaly measuring 210,000 Siemens is the basis for the Windsor nickel prospect.
Results to date
The reconnaissance drilling is designed to advance areas of gold anomalism to better assess if they may be associated with primary gold mineralisation and require further drilling.
The current program is also drilling several deeper targets where shallow gold mineralisation has been identified indicating prospectivity for bedrock gold mineralisation.
Early drill results are encouraging with multiple drill holes logged as intersecting mafic rocks.
Drilling continues and assays are pending
Drilling continues with eight drill holes scheduled to be drilled next week at Desert Dragon, a gold prospect.
Furthermore, three holes are awaiting assay results from the Bristol gold prospect.
Given assays from Cambridge North have identified a 3.6 kilometre long mineralised structure, follow-up exploration is warranted at this target.