SGQ 3.13% 3.1¢ st george mining limited

Ann: Early Start for Diamond Drilling at Mt Alexander, page-33

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    I think it is straight forward... the deep structure identified by the seismic has to be the source (unless you believe the surface deposits got there by themselves somehow).

    The only question is does it contain commercial grades?

    The grades of the near surface are 2x's better for Ni compared to the usual, good accompanying Cu grades and a bonus of platinum group metals thrown in. The grades discovered at depth are similarly high value. As a probability... I think the odds are also high for similar grades in the source.

    An 800m diamond core hole will probably take 3 weeks to drill... should get an answer early February.
 
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