Ann: St George Secures Over $6 Million-SGQ.AX, page-30

Hi Guys

More good news. More pieces to the puzzle uncovered.

Every hole drilled is unlocking the secrets, and zeroing us in on the nickel motherlode prize we all know is up for grabs at Mt Alexander. It's great!

St George is going to have one hell of a discovery (multiple) when this all comes together imo.

Now were back drilling these great new drill holes to test Anomalies 2, 3 and 5 at Investigators.

10 August 2016 Announcement:-

Anomaly 2:
MAD31 was completed to test Anomaly 2. The drill hole intersected approximately 15m of ultramafic with occasional blebby and disseminated sulphides increasing downhole and then massive nickel‐copper sulphides from 112.05 to 113.08m downhole. The massive sulphides in MAD31 include a pentlandite vein that runs most of the length of the intersection with an average nickel value (based on field XRF analysis) of 28%Ni.

The DHEM survey in MAD31 has indicated that the drill hole intersected Anomaly 2 approximately 10m southwest of centre, which is now modelled with a very high conductivity of 114,000 Siemens. The centre of this conductor warrants drill testing.

Anomaly 3:
Anomaly 3 is located 100m northwest of Anomaly 2 and 135m below surface. The modelling of Anomaly 3 has been affected by the masking effect of the nearby Anomaly 2, which is significantly more conductive. A FLEM survey was completed this week over Anomaly 3 which has enabled remodelling of the conductive source.

The EM plate for Anomaly 3 is now modelled at 45m x 13m, and with increased conductivity of 35,000 Siemens. The anomaly is more conductive than the initial model based on the MLEM data which suggested conductivity of 9,600 Siemens.

Anomaly 5:
MAD34 was completed to test Anomaly 5. The drill hole intersected approximately 18m of ultramafic from 80m, with disseminated and blebby sulphides and then massive nickel‐copper sulphides from 98.7‐ 98.87m. The DHEM survey in MAD34 indicates a strong off‐hole conductive source that is below and to the left of the drill hole. This conductor is modelled with a high conductivity of 73,889 Siemens, increased from the initial MLEM survey model of 14,609 Siemens.

http://hotcopper.com.au/posts/18484827/single

Carn't wait for these results!

All the best
Tradealot