St George Mining Ltd (ASX:SGQ) has drilled two additional holes at the Stricklands Prospect within its Mt Alexander Project in Western Australia, with both the holes intersecting nickel-copper sulphides.
The Mt Alexander Project is located 120 kilometres southwest of the Agnew-Wiluna belt, which hosts numerous world class nickel deposits.
St George’s latest drilling results indicate that mineralisation continues and is open towards the east of the recent significant nickel-copper intersection (drill hole MAD71).
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John Prineas, executive chairman, said: “The 2017 drill programmes at Mt Alexander have been a huge success with the best intersections to date of high grade nickel-copper-cobalt-PGEs at each of the Stricklands, Cathedrals and Investigators Prospects.
“The outstanding MAD71 intersection at Stricklands has ensured that we finish this year’s drilling on a high note and with strong momentum for 2018.”
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Both of the new drill holes intersected the mineralised ultramafic, including:
- 18.04 metres of ultramafic from 25.7 metres that included massive sulphides from 41.34 metres to 41.45 metres with average XRF readings of 2.5% nickel and 3% copper; and
- 2.55 metres of ultramafic from 49.78 metres that included massive sulphides from 52.33 metres to 52.58 metres with average XRF readings of 3.5% nickel and 2.5% copper.
Drilling for 2017 has now concluded and will resume early in the New Year with a program to continue testing the extent of mineralisation at Stricklands and also to test other targets at Mt Alexander.