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St George Mining Ltd has gold assays pending from East Laverton

Published: 12:37 22 Aug 2017 AEST

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St George is set to increase exploration news flow

St George Mining Ltd (ASX:SGQ) is set to increase news flow with assays pending from the wholly-owned East Laverton Project in Western Australia.

Reconnaissance reverse circulation drilling covering over 8000 metres has been completed, with numerous drill holes intersecting late intrusive porphyries, hydrothermal alteration and sulphide mineralisation.

Additional gold targets at Desert Dragon, Green Dragon and Athena have been drilled.

Large hydrothermal systems have been established at East Laverton with local controls on gold mineralisation becoming evident.

John Prineas, executive chairman, commented:

"The gold drill program has identified a large hydrothermal system at East Laverton, and assays received to date have already confirmed zones of significant gold anomalism at Cambridge and Cambridge North.

"Assays for the remaining targets are pending.

"These targets have strong gold prospectivity recognised from soil surveys and shallow drilling.

"The current drill program will assess if this gold anomalism is associated with primary gold mineralisation."

A follow up drill program will be planned once pending assays are received and reviewed.

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