ASX declines as this nickel play heats up
The Australian All Ordinaries was down today on weak overnight leads and choppy commodity pricing. This nickel and gold developer, however, managed to cut through the gloom.
Company
St George Mining Ltd
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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St George Mining adds core asset to burgeoning Western Australia portfolio
John Prineas, EC, said: “In October, we acquired 100% of the Hawaii and Mt Alexander North Projects from BHP Billiton. Today we have the final piece in the puzzle – the core Mt Alexander tenement with its high-grade nickel-coppe
St George Mining identifies strongest conductor so far at Windsor
St George will fast-track drilling at the Windsor prospect after identifying the strongest conductor to date. A downhole EM survey recorded an off-hole conductor with an extremely high conductivity of 210,000 Siemens.
St George Mining eyes multi-million ounce gold potential at East Laverton
St George’s East Laverton is situated in a highly prospective area which hosts the Tropicana 8Moz and Gruyere 5Moz gold deposits. The company will now undertake a major gold-focused drilling early in 2016.
St George Mining moves drilling to conductors at Desert Dragon Central
St George's hi-impact drilling program is continuing at speed, which will deliver strong news flow from several prospects over the next couple of months. Drilling has now commenced at Desert Dragon Central.
St George Mining could be on the cusp of a discovery at Windsor
John Prineas, executive chairman, commented: "The results so far are promising and continue to support the potential for a discovery."
St George Mining attracts strategic investors in oversubscribed raising
St George is now ready to escalate drilling of nickel sulphide targets at its East Laverton Project in Western Australia, following a $1.6 million raising.
St George Mining to fast-track nickel search at newly acquired tenements
With drilling this month at both East Laverton and Hawaii, and assay results to follow soon, St George will have very strong news flow heading up to the end of 2015 and into the New Year.
All Ords cools as this ASX explorer bounds higher
The ASX All Ordinaries continued to trade in a tight range and close marginally lower at 5,374 points as wait-and-see trading ahead of a decision by the U.S. Federal Reserve policy meeting kept overseas cues subdued. This nickel play, howev