Ann: Mt Alexander - Drilling Update, page-83

Hey Barry, not sure where you've been but I would suggest you read the announcements over the last few years.

There is processing infrastructure and capacity all around the Mt Alexander area. The strategy behind defining a JORC and finalising a mining feasibility study for the very shallow Stricklands prospect is to prove that St George can mine this small very shallow resource and make an extremely profitable return on it ($Ms). They will achieve this by just digging up the nickel, copper, pgs, and other goodies that are 30m below surface and sell the minerals as off take to others with the infrastructure nearby to crush and process it all for sale to the various manufacturers / buyers. Can be done quickly as no processing plant or large capital outlay needed. Very basic operation indeed and costs will be extremely low!

My estimate is that they will finalise this by around October / November 2020 as that is what the JORC, Canadian metallurgical extraction studies and feasibility study previously announced are for. St George are also in discussions with key players regarding the off take of such an operation and their JV partner WSA could also do the processing.

Once up and going St George will then do away with future share price dilution capital raising programs and use the Stricklands profits to self fund future explorational and mining programs.

Many things on the go and a hell of a lot to like about St George.

Happy Days
SandyC