SGQ 3.33% 2.9¢ st george mining limited

Ann: Drilling of Strong EM Conductors at Mt Alexander, page-214

  1. 407 Posts.
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    Just left the AGM

    Highlights

    Mad193 hole still being drilled. DHEM crew onsite and expect update early next week.

    The West End holes have been drilled from the same drill pad and are only 12 meters apart at the target depth.

    The Canadian test work is progressing. News in December?

    it was stated by JP that the PGE credits for our ore would double the value of our concentrate. The concentrate would need to be smelted overseas.

    Diamond drilling to continue at West End up until Christmas. Planning to engage RC rig to drill out the remaining shallow desposits in new year.

    100% confident that 49000 siemens reading will be Massive Sulphides. Just need to locate it. Generally any reading above 10000 has been Massive Sulphides.

    Kimberley RC drilling in new year. Waiting on Heritage survey.

    i let them know that the reporting needed to improve. Keep it brief and provide critical information.

    i feel they have been serverely impacted by the Booming WA exploration industry. Rigs and crews are in high demand.

    Scoping Study still in progress. I think this will be more detailed than I expected. Its more like a Feasibility Study

    Its a waiting game



 
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