Proactiveinvestors Australia

St George Mining Ltd www.stgeorgemining.com.au
Full St George Mining Ltd profile here

St George Mining Ltd (ASX:SGQ) is a nickel and gold focused exploration company with a dominant landholding in an under-explored area of the North East Goldfields of Western Australia.

Pdf

St George Mining targets nickel sulphides in new drilling at Windsor

Thursday, February 11, 2016 by Proactive Investors

John Prineas, executive chairman, St George Mining

John Prineas, executive chairman, St George Mining

St George Mining (ASX:SGQ) will soon recommence a nickel sulphide drill program at its wholly-owned East Laverton Project in Western Australia.

Added to this, St George will also be drilling for Tropicana and Gruyere style gold deposits.

The company will therefore have increased exploration news flow over the coming months.

John Prineas, executive chairman, commented:

“Further DHEM modelling at the Windsor target is very promising and supports the potential for massive nickel sulphide mineralisation.

“The very high conductivity of the target at Windsor continues to be very intriguing, with further XRF results of the cut drill core returning elevated nickel values around the depth of the EM conductor.

“The DHEM plate at Windsor is becoming an even more compelling target.”


Drilling details

The primary target of the drill programme will be the highly prospective DHEM target at Windsor.

Drill hole WINDD004 was completed in December 2015 to test the highly conductive DHEM plate WINRC016_v1 (210,469 Siemens).

There was no conductive material in the drill core capable of providing the extremely high EM response that was modelled for DHEM plate WINRC016_v1.

St George said that this suggests that WINDD004 came close to testing the conductive source but did not intersect it.

Further modelling of DHEM data from drill holes WINDD004 and WINRC016 continues to identify a highly conductive body that remains untested by drilling.

The very high conductivity/thickness response from the EM survey of this target, and the position of the EM plate on the contact of the prospective Windsor ultramafic, are consistent with this conductor being massive nickel sulphide mineralisation.

Additional targets at East Laverton will be included in the upcoming nickel sulphide drill program.

 

Proactive Investors is a global leader reporting financial news, media, research and hosts events for listed emerging growth companies and investors across four continents.

Sign up to Proactive Investors

Andrew McCrea's Research Reports
Sign up to Andrew McCrea's Research Reports and Receive Latest Research & Flash Trades
Receive Proactive Investors Newsletter, Investor Forum Invites
Receive Proactive Investors Newsletter, Event Invites, Special Stock Notifications

Comments from Proactive Investors readers

  • Fill in your details below:
Verification Code
Proactive Investors Australia Pty Ltd (ABN: 19 132 787 654) is a Corporate Authorised Representative
(CAR: 413802) of RM Capital Pty Ltd (AFSL: 221938).

Copyright © proactiveinvestors.com.au, 2012. All Rights Reserved