St George Mining Ltd (ASX:SGQ) has drilled 6.92 metres of massive nickel-copper sulphides in hole MAD127 at its Investigators prospect within the Mt Alexander Project in Western Australia.
The MAD127 hole has intersected the MAD120b:X1 conductor, recording the thickest massive nickel-copper sulphide intersection to date at Investigators.
Preliminary XRF readings showed average grades of 8.03% nickel and 5.06% copper from the largest interval.
READ: St George drills best ever nickel-copper sulphide intersection at Investigators
Ste George’s chairman John Prineas said: “The drilling at Investigators continues to deliver thick intersections of massive nickel-copper sulphides.
“Drill hole MAD127 tested the south-west extension of the high-grade mineralisation intersected in MAD126, which we announced last week as our best ever intercept at the Investigators prospect."
“This latest drill hole looks like it will surpass MAD126, with MAD127 delivering the thickest intercept of massive nickel-copper sulphides at Investigators to date.
“These drill holes are on the MAD111 Line, which we interpret as being within a channelised lava flow.
“With limited drilling on the MAD111 Line and untested EM conductors along strike from these high-grade intercepts, we are confident of discovering more sulphide mineralisation in this channel.”
Drilling continues, more results to come
MAD128 is currently being drilled, and is targeting the MAD120b:X1 conductor 15 metres to the south-east of the MAD126 pierce point.
MAD127 intersected the MAD120b:X1conductor 5 metres to the south-west of the MAD126 pierce point.
Downhole electromagnetic (DMEM) surveys will be completed in MAD126, MAD127 and MAD128 next week.