SGQ 3.33% 2.9¢ st george mining limited

Ann: Drilling to Resume at Mt Alexander, page-33

  1. 7,556 Posts.
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    I disagree.... the game plan is small scale mining of the near surface mineralisation to fund the exploration. But for the unfortunate delay with the Canadian analysis we would be reading the scoping study now.

    The timeline on that has been pushed back that is all. Whether or not you think that is a viable business plan is up to each person to decide.... certainly it is a strategy which other companies have tried without success but each geology is different.

    In the meantime back to drilling.... and here I also disagree. Very likely the intercepts will be narrow, if you research other deposits you will see that is the normal case. But that fails to grasp the point. Find the high grade mineralisation and then trace it back to its source. Maybe there is a mother lode to be found... maybe not. Maybe it's an extensive network of high grade shoots... maybe not. It's going to take a while to answer all of the questions but those answers are in sight now.... imo.
 
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