Company
ASX:SGQ
St George Mining Ltd is focused on developing critical minerals projects in Brazil and Western Australia. In Brazil, the company has entered into a binding agreement to acquire the high-grade niobium-REE Araxa Project in Minas Gerais. In Western Australia, St George is progressing a portfolio of quality exploration and development projects that are focused on critical metals for the clean energy future.
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The mineralised intrusive structure at the Cathedrals Belt has been confirmed to extend for more than 4 kilometres in an east-west strike and remains open to the east and west.
The results in hole MAD181 and MAD183 further validate the geological model that interprets the mineralised Cathedrals Belt commencing near surface.
A deep drilling program at Mt Alexander Nickel-Copper Sulphide Project has intersected intrusions at depth, confirming the prospectivity of the deposits.
The drilling program is showing encouraging signs with intrusive rocks intersected within the first hole, demonstrating similarities to the rocks seen around shallow-nickel-copper sulphide deposits along the Cathedrals Belt.
A resource estimate is expected to be finalised at Stricklands in the December quarter with a scoping study to be completed soon after.
A resource estimate is expected to be finalised at Stricklands in the December quarter with a scoping study to be completed thereafter.
Funds support an expansion of the drill campaign underway to test high‐grade nickel‐copper sulphide targets at Mt Alexander Nickel-Copper Sulphide Project in WA.
Encouraging results have been delivered by data from additional magnetotelluric (MT) and audio-magnetotelluric (AMT) surveys at Fish Hook prospect.
A strengthened balance sheet supports an expansion of the drill campaign underway to test high‐grade nickel‐copper sulphide targets at Mt Alexander.
Funds raised under the SPP will be used to progress exploration activities, including the 2020 drill program for high‐grade nickel‐copper sulphide at Mt Alexander Project.
The program comprises 13,000 metres of planned diamond and reverse circulation drilling.
Funds from the placement will be applied towards exploration at the Mt Alexander Project and the company’s other projects in Western Australia.
A multi‐rig drill campaign at the Mt Alexander Project in the Goldfields is set start this month with a focus on drilling new targets for high‐grade nickel‐copper sulphide discoveries.
Under the plan, eligible shareholders will have the opportunity to purchase up to $20,000 worth of shares at the same price as the placement, irrespective of the size of their shareholding.
A multi-rig drilling campaign at the Mt Alexander project is set to begin this month with a focus on testing new targets for high-grade nickel-copper-sulphide discoveries
Firm commitments have been received under a private placement and the company is considering an additional capital raising to raise another $1.6 million.
The Mt Alexander Project hosts the Cathedrals, Stricklands, Investigators and Radar nickel-copper-cobalt-PGE discoveries.
The Mt Alexander Project hosts the Cathedrals, Stricklands, Investigators and Radar nickel-copper-cobalt-PGE discoveries.
The Paterson Project is in the Paterson Province, a highly prospective region that hosts significant gold and copper finds.
New conductive features have been identified at depth within the Investigators, West End and Fairbridge prospects in areas yet to be tested by drilling.
