St George Mining Ltd (ASX:SGQ) has intersected thick nickel-copper sulphides which have extended the mineralisation at the Investigators prospect within the Mt Alexander project in WA's north-eastern Goldfields.
Two large step-out drill-holes within the large 800 by 400-metre SAMSON electro-magnetic anomaly at Investigators have confirmed high-grade mineralisation.
The Investigators prospect extends for 1.5 kilometres along the east-west oriented Cathedrals Belt.
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Plan view of the Investigators prospect showing the large SAMSON EM anomaly
Executive chairman John Prineas said: “Holes MD156 and MD157 have confirmed further extensions of the known high-grade mineralisation within the large SAMSON EM anomaly at Investigators.
“With substantial areas of the EM anomaly yet to be drilled, we are excited at the potential to discover more high-grade mineralisation at this prospect.
“We will continue our aggressive drilling to scope out the scale of the deposits on the belt with further drilling at Investigators to be followed by drilling at new targets including Radar, Bullets and Fish Hook.”
Drill core from the massive sulphide interval in MAD157 at 196 metres
Hole MAD156 intersected a 27-metre-thick ultramafic unit that included an 8-metre-thick zone of nickel-copper sulphides comprising:
Hole MAD157 intersected an 11-metre-thick zone of nickel-copper sulphides such as:
Drill program continues
Additional reverse circulation holes were completed last week at the Investigators and Bullets prospects and a downhole EM (DHEM) survey will be completed in these holes shortly.
The diamond rig is drilling MAD158 at Investigators and earthworks for drill site preparations at the Radar and Bullet prospects are scheduled to be completed this week.
Mt Alexander project is 120 kilometres south-southwest of the Agnew-Wiluna belt, which hosts numerous world-class nickel deposits.
