St George Mining Ltd's (ASX:SGQ) bonus options have now commenced trading under the code (ASX:SGQOB).
The options have an exercise price of $0.20 and an expiry date of the 30th September 2020.
John Prineas, executive chairman, commented:
"The support of our shareholders during our exploration programs has been vital to our exploration success and it is fitting that we recognise their loyalty with the bonus issue of options.
"With drilling programs planned at both Mt Alexander and East Laverton Projects in coming weeks, it is an exciting time for St George."
Mt Alexander is located in an established mining region, south-west of world-class nickel and gold mines of the Agnew-Wiluna belt.
East Laverton Project Nickel is positioned near the Tropicana deposit which hosts +8 million gold ounces and the Gruyere deposit which has +6 gold ounces.
A new drilling program is being planned.