Sign up Australia
Proactive Investors - Run By Investors For Investors

St George Mining’s drilling continues to extend nickel-copper zone at Stricklands

Drilling has extended the footprint of the mineralised ultramafic at Stricklands.
drill rig at work
Step-out drilling at Stricklands is ongoing 24/7

St George Mining Ltd (ASX:SGQ) has drilled three additional holes at the Stricklands Prospect within its Mt Alexander Project in Western Australia, with all 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 diamond drilling results indicate that mineralisation continues and is open towards the north and northwest of the recent significant nickel-copper intersection (drill hole MAD71).

READ: St George Mining’s shares surge after drilling high-grade nickel, copper at Mt Alexander

John Prineas, executive chairman, said: “Drilling has extended the footprint of the mineralised ultramafic at Stricklands and confirmed a vector for the mineralisation to the north and west.

“In addition, the structural information seen in the drill core indicates remobilisation of sulphides and further suggests that the mineralisation remains open.

“Step-out drilling at Stricklands is ongoing 24/7 to test for continuation of the mineralisation in the prospective area to the north and north-west of MAD71.”

WATCH: BREAKING...Exciting times for St.George Mining

Three drill holes have been completed at the Stricklands Prospect since drilling re-commenced on 30 November 2017.

The drilling was designed to follow-up a significant intersection that intersected 17 metres of nickel-copper sulphide mineralisation including over 10 metres of massive nickel-copper sulphides.

Potential for further significant nickel-copper sulphide mineralisation emerging

The latest drill results continue to point to a thickening of mineralisation towards the north and west of the Stricklands Prospect.

This is an area where large electromagnetic anomalies remain untested by drilling.

The distribution of this ultramafic stratigraphy is being resolved with each new drill hole, with the emerging picture indicating good continuity of the ultramafic unit.

Importantly, this supports the potential for further significant nickel-copper sulphide mineralisation.

Step-out drilling at Stricklands is continuing 24 hours a day, 7 days a week to test for extensions of the mineralisation.





Register here to be notified of future SGQ Company articles
View full SGQ profile View Profile

St George Mining Ltd Timeline

Related Articles

1512592601_zinc-periodic-4.jpg
Thu
Tinka has put out plenty of positive newsflow from Peru in recent months..
Great Boulder Resources' Stefan Murphy at the Proactive's CEO Sessions
September 15 2017
Stefan Murphy discussed the highly anticipated Mt Venn next steps at Proactive's CEO Sessions.
Gold bars
September 11 2017
Ortac Resources' diversified investment portfolio will now be streamlined, with the focus on two particular assets in Africa

No investment advice

The information on this Site is of a general nature only. It does not take your specific needs or circumstances into consideration, so you should look at your own financial position, objectives and requirements and seek financial advice before making any financial decisions. You acknowledge and understand that neither the Company, its related bodies corporate, the information providers or their affiliates will advise you personally about the nature, potential value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter. You should read our FSG and any other relevant disclosure documents and if necessary seek persona advice prior to making any investment decision.

You understand and agree that no Content (as defined below) published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person.

You understand that in certain circumstances the Company, its related bodies corporate, the information providers or their affiliates may have received, or be entitled to receive, financial or other consideration in connection with promoting, and providing information about, certain entities on the Site and in communications otherwise provided to you.

You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate. From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

Before you act on any general advice we provide, please consider whether it is appropriate for your personal circumstances.

© Proactive Investors 2017

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use