St George Mining Ltd (ASX:SGQ) has received positive results from an electromagnetic (EM) survey completed at the Windsor nickel sulphide prospect within its East Laverton Project in Western Australia.
The high powered SAMSON EM survey has identified three strong, late-time EM conductors at Windsor which are excellent targets for massive nickel sulphides - Windsor X1, Windsor X2 and Windsor X3.
John Prineas, executive chairman, commented: “Previous exploration drilling at Windsor has intersected high tenor nickel sulphides and confirmed channel flow komatiites which are over 200 metres thick and contained within a strike length of 5 kilometres.
“This is an exciting area to be exploring for a large nickel sulphide deposit.
“It’s therefore very pleasing to see the SAMSON survey light up three strong and well-defined bedrock conductors that are compelling targets for massive nickel sulphides.”
The Windsor nickel sulphide prospect was previously part of the Project Dragon farm-in arrangement between St George and BHP Nickel West (now concluded).
Drilling by the major miner successfully discovered nickel sulphide mineralisation at Windsor intersecting 30 metres at 0.31% nickel from 108 metres.
Interestingly, the new conductors are proximal to the magmatic nickel sulphide mineralisation intersected by previous drilling.
A diamond drill rig will mobilise to the East Laverton Project in early November 2017 to commence drill testing of the new electromagnetic conductors at Windsor.
St George’s shares were last trading circa 8% higher intra-day, at $0.13.