logo-loader
viewSt George Mining Ltd

St George Mining identifies multiple new EM conductor targets

Electromagnetic (EM) surveys are used to identify potential nickel-copper sulphide mineralisation.

St George Mining Ltd - St George Mining identifies multiple new EM conductor targets
Drilling is scheduled to commence in early March 2020

St George Mining Ltd (ASX:SGQ) has identified multiple new drill targets through electromagnetic (EM) surveys at its flagship Mt Alexander Project in Western Australia.

Conductor targets were identified with separate surveys at the West End prospect and the Investigators prospect.

A combined reverse circulation (RC) and diamond drilling program will commence shortly to test a large number of EM targets and to complete resource definition at the Stricklands Prospect.

EM surveys are the way to find sulphide deposits

St George’s executive chairman John Prineas said: “EM surveys are the ‘go to’ targeting tool for nickel sulphide exploration – and these surveys have worked brilliantly at the Cathedrals Belt with all conductors drilled to date confirmed as nickel-copper sulphides.

“Our 2020 exploration programme commenced with further EM surveys at Mt Alexander.

“We have methodically completed a new surface-based SQUID MLEM survey as well as DHEM surveys in recently drilled deeper holes.

“The results are highly encouraging with new EM anomalies identified at the unexplored Fish Hook and West End Prospects, and new DHEM anomalies identified from the deeper holes at the highly mineralised Investigators Prospect.

“The quantity of EM targets and their position in prospective geological locations provides confidence that ongoing drilling will deliver more discoveries of nickel-copper sulphides in the Cathedrals Belt.

Scoping study work continues

“We are also continuing the scoping study for a potential mining operation at Mt Alexander and are very pleased to be commencing resource definition drilling at Stricklands.

“Metallurgical test work with industry-leading metallurgical advisers is also progressing and we are keenly awaiting results on how to optimise the commercialisation of our high grades of nickel, copper, cobalt and platinum group metals – mineralisation which we believe is unparalleled amongst nickel developers.”

Quick facts: St George Mining Ltd

Price: 0.082 AUD

ASX:SGQ
Market: ASX
Market Cap: $33.83 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of St George Mining Ltd named herein, including the promotion by the Company of St George Mining Ltd in any Content on the Site, the Company...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

St George Mining ‘attracting the attention of its peers’ as drilling...

St George Mining Ltd's (ASX:SGQ) executive chairman John Prineas tells Proactive London's Andrew Scott their drill programme at the Mt Alexander Project in Western Australia is ongoing with some great recent exploration success. ''We had the Radar discovery in early September, that was the...

on 28/11/19

2 min read