The company has confirmed high-grade mineralisation along a +400 metre strike at the Stricklands Prospect.
Assays have confirmed the following thick intersections of mineralisation:
• 3.92 metres at 2.10% nickel, 0.93% copper and 0.09% cobalt from 57.78 metres;
• 6.25 metres at 2.36% nickel, 1.00%C copper and 0.15% cobalt from 67.2 metres; and
• 3.34 metres at 3.01% nickel, 1.12%C copper and 0.20% cobalt from 70.11 metres.
Two of the holes were drilled in the far west of the Stricklands prospect area and the results from these holes indicate that mineralisation is open to the west.
St George executive chairman John Prineas said: “The assay results confirm that the recent drill program has substantially increased the footprint of high-grade nickel-copper sulphide mineralisation at Stricklands.
“New high-grade intersections were identified in the west, north and east of the prospect area indicating that the mineralised ultramafic remains open in these directions.
“A follow-up drill programme for Stricklands is being designed, and we are confident that additional nickel-copper sulphides will be intersected.”
Further drilling planned
Notably, there are large areas between the significant intersections of mineralisation that have not been tested by drilling and offer the potential to host further ultramafic with nickel-copper sulphides.
A drill program incorporating both diamond drilling and reverse circulation drilling is being planned to further test these prospective areas.