Company
ASX:SGQ
St George Mining Ltd is focused on developing critical minerals projects in Brazil and Western Australia. In Brazil, the company has entered into a binding agreement to acquire the high-grade niobium-REE Araxa Project in Minas Gerais. In Western Australia, St George is progressing a portfolio of quality exploration and development projects that are focused on critical metals for the clean energy future.
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Under the plan, eligible shareholders will have the opportunity to purchase up to $20,000 worth of shares at the same price as the placement, irrespective of the size of their shareholding.
A multi-rig drilling campaign at the Mt Alexander project is set to begin this month with a focus on testing new targets for high-grade nickel-copper-sulphide discoveries
Firm commitments have been received under a private placement and the company is considering an additional capital raising to raise another $1.6 million.
The Mt Alexander Project hosts the Cathedrals, Stricklands, Investigators and Radar nickel-copper-cobalt-PGE discoveries.
The Mt Alexander Project hosts the Cathedrals, Stricklands, Investigators and Radar nickel-copper-cobalt-PGE discoveries.
The Paterson Project is in the Paterson Province, a highly prospective region that hosts significant gold and copper finds.
New conductive features have been identified at depth within the Investigators, West End and Fairbridge prospects in areas yet to be tested by drilling.
The 2020 drill program will test targets with potential for new discoveries along the 16-kilometre-long structural corridor known as the Cathedrals Belt.
The company has planned a low-cost magnetic survey to identify areas of interest at this early-stage project.
Electromagnetic (EM) surveys are used to identify potential nickel-copper sulphide mineralisation.
2020 drilling programs are due to commence shortly and will focus on resource definition as well as continued exploration for additional deposits.
Holes MAD175 and MAD 176 were testing high-priority EM conductors at the Cathedrals Prospect.
Step-out drill holes MAD173 and MAD 174 have intersected more nickel-copper sulphide mineralisation at Investigators.
The 17.28-metre intersection will be sent to the lab for assaying and down-hole EM will be conducted to look for nearby targets.
1,260 soil samples were collected on a 200x20-metre grid at the Fish Hook prospect.
The company’s extensive exploration program at the Mt Alexander high‐grade nickel‐copper sulphide project will be escalated.
Multiple electromagnetic (EM) conductors have been identified down-plunge of shallow nickel-copper sulphide deposits.
The funds will help back exploration at its high-grade Mt Alexander project in WA’s Eastern Goldfields.
The trading halt will remain in place until Thursday, October 24, or when an announcement is released to the market.
A step-out hole extends mineralisation at Investigators and a hole at Stricklands has hit mineralisation down-plunge.
St George has commenced preliminary work on a scoping study on the Mt Alexander Project in WA.
An interception of high-grade nickel-copper sulphides in a discovery hole featured 4.29% nickel grades.
Drill hole MAD160 was completed as a deep stratigraphic hole at the Investigators Prospect and intersected a 20-metre thick mafic-ultramafic unit.
Both holes were drilled into untested areas of the large 800 by 400- metre SAMSON EM anomaly.
Nickel is now up 65% since the start of the year, hitting $18,000 a tonne last week, its highest level since September 2014.
A reverse circulation drill rig arrived at Mt Alexander project this week and is drilling shallow stratigraphic holes as well as shallow EM conductors.
Multiple intersections of high-grade nickel-copper sulphides over a broad area and favourable project economics.
The discovery at the newly named Radar bodes well for future discoveries at the Bullets, Fish Hook and West End prospects.
The Radar Prospect area is concealed by 10 metres of sand cover, highlighting the effectiveness of electromagnetic techniques in detecting sulphide mineralisation in the Cathedrals Belt.
The company’s securities will remain in trading halt until Tuesday, September 3, or when an announcement is made to market.
Early drilling success supports the potential to increase the volume of high-grade mineralisation at Mt Alexander, with several EM conductors lined up for drilling.
The first target is an EM conductor at Investigators prospect with modelled conductivity of 82,000 siemens.
A diamond drill rig has arrived at Mt Alexander and drilling of a large number of electromagnetic conductors will start this week.
New funding secured through an institutional‐led placement endorses the quality of the Mt Alexander Project.
The Mt Alexander project is 120 kilometres SSW of the Agnew-Wiluna belt, which hosts numerous world-class deposits.
Assays of soil samples from the Fish Hook Prospect have returned highly anomalous values for nickel, copper and platinum group elements.
The next drilling program will start at Mt Alexander on July 22, 2019 with about 6,000 metres planned and additional metres likely to be added as further targets are prioritised for drilling.
Funding will go towards drilling high-grade targets as well as electromagnetic anomalies across the Mt Alexander Project.
The company has received strong placement support from existing shareholders and new investors.
The company’s securities will be placed in trading halt until the beginning of trade on Thursday June 20 or when an announcement is made.
The Mt Alexander Project is 120 kilometres south-southwest of the Agnew Wiluna belt which hosts world-class nickel deposits.
The company will commence an extensive drill program once the program of works is approved.
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Fairbridge drilling was designed to serve as a platform for DHEM surveys to investigate potential for conductive sulphide mineralisation below nickel-copper gossans.
The company is managing the Goldfields project in a joint venture with Western Areas.
The first ever drilling at Fairbridge is scheduled to commence next week.
The company’s West End and Fairbridge prospects will be targeted for continuations of the high-grade nickel-copper mineralisation.
The drilling will follow up high-grade intersections and test underexplored areas within the prospective Mt Alexander tenure.
Surveys have identified multiple strong electromagnetic conductors along the Cathedrals Belt.
The company hopes to establish a nickel development on Cathedrals Belt, an exploration area it majority owns.
The stockbroker sees 2019 as an important year for St George as it increases its activities with a strong focus on moving towards potential nickel development.
The latest drilling has expanded the envelope of nickel-copper sulphide mineralisation within the Cathedrals Belt.
Lab assays have confirmed the preliminary results of high-grade nickel-copper sulphides.
Dave O’Neill, familiar with the project, has also been appointed exploration manager.
This is the thickest massive nickel-copper sulphide intersection to date at Investigators.
Shares in the company surged as high as 28% to 16 cents in early trading this morning.
The demand for nickel from the electric vehicle battery industry is rising faster than expected.
The project is on a licence which manager St George has in a 75%-owned joint venture with minority partner Western Areas.
The company is addressing UK investors this week and Australian nickel market players later this month.
Electromagnetic conductors are a known signature for sulphide mineralisation.
Significant increase to the footprint of mineralisation at the Investigators prospect.
Portable XRF gun analysis has revealed grades averaging 7% nickel and 5.5% copper.
The Mt Alexander project hosts three prospects - Cathedrals, Stricklands and Investigators.
Phase II drilling is expected to commence this weekend at the prospect area.
Preliminary results from recent drilling at Investigators supports depth expansion potential.
The drop-off in discoveries of more than 500,000 tonnes was experienced despite a 114.5% increase in exploration expenditure between the two periods.
Battery minerals plays will talk outlooks, prospects and struggles as they front Diggers audiences this week at the presenters’ podium.
Drilling is testing EM conductor targets based on recent downhole EM surveys.
The first phase of the new program is testing five new EM conductors at the Investigators prospect.
Drilling is expected to recommence in 1-2 weeks time.
Drilling continues at the Mt Alexander Project in Western Australia.
The Mt Alexander project hosts the Stricklands, Investigators and Cathedrals prospects.
New high-grade intersections identified in the west, north and east of the prospect area.
Four high-quality electromagnetic targets ready to be drilled at Investigators.
The company's shares are trading 12.5% higher intra-day, at 14 cents.
Drilling continues to hit nickel-copper sulphides across the 4.5-kilometre strike of the Cathedrals Belt.
The company has entered an agreement to purchase Nomad Explorations, the owner of the projects.
Preliminary results from hole MAD95 support an emerging mineralised system at Stricklands.
Preliminary XRF analysis shows grades of 4.75% nickel and 1.5% copper.
The Stricklands prospect within the Mt Alexander Project is an emerging discovery.
2.72-metres of nickel-copper sulphides with average readings of 5% nickel and 1.5% copper.
The company recently secured $4 million through a share placement to fund drilling.
The $4 million placement attracted strong support from institutional and sophisticated investors.
The company recently raised $4 million through an oversubscribed share placement.
MAD71 intersected 17.45 metres at 3.01% nickel, 1.31% copper and 0.13% cobalt.
The company's securities will be placed a trading halt as a capital raising is undertaken.
The planned program of 2,510 metres will follow-up successes from 2017 drilling.
Drilling at the Windsor prospect is aiming to confirm sulphide mineralisation at depth.
The one for 20 bonus issue of new options will coincide with Mt Alexander drill results.
Shares in the company have doubled over the past three months to $0.24.
Prineas flagged the potential development of a high margin low-cost mining operation.
The mineralisation at the Cathedrals Prospect continues to impress with high grades.
Drilling for 2017 has now concluded and will resume early in the New Year.
St George has traded $4 million worth of shares by noon.
The assays from MAD71 confirm the best ever intersection at the Mt Alexander Project.
The company’s shares were up 4% to $0.26 in early afternoon trade.
Drilling has extended the footprint of the mineralised ultramafic at Stricklands.
The Stricklands prospect is within the Mt Alexander Project in Western Australia.
To follow-up on recent significant magmatic nickel-copper sulphide intersections.
The halt will remain in place until Monday 20th November 2017.
